{quote} Seems the drop has stopped but resistance is strong so it might consolidate below 1.1752 until tomorrow news or break 1.1700/05 and move lower to 1.1682.
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- #18,501
- Dec 17, 2025 7:26am Dec 17, 2025 7:26am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
- #18,503
- Dec 17, 2025 9:35am Dec 17, 2025 9:35am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
I expect EU to move lower towards 1.1700 again, but not if 1.1780 gives up. Most probable we'll get more consolidation but any news before the scheduled releases tomorrow will have the opposite effect but not sure to where! 
I'll have to close for today, see you tomorrow again bye!
I'll have to close for today, see you tomorrow again bye!
Looking for profitable short term trades ...|
I'm Aayush.j- #18,505
- Dec 17, 2025 8:37pm Dec 17, 2025 8:37pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
The EUR/USD stayed below the 1.1752/58 resistance level in Asia, supported by the 1.1735 low it printed earlier and the 1.1700/03 zone of support. For now, it's unclear if the uptrend should continue above the 1.1780 and 1.1804 resistance levels towards 1.1820, but volume and news later should show us the path for what's next. In case of a breakdown below the support, 1.1682 and 1.1647 could be next.
Daily volatility (range) 36 pips
Significant news - US CPI & ECB Interest Rate Decision
Have a great day!
1H
Daily volatility (range) 36 pips
Significant news - US CPI & ECB Interest Rate Decision
Have a great day!
1H
Looking for profitable short term trades ...|
- #18,506
- Edited 3:04am Dec 18, 2025 2:53am | Edited 3:04am
- Joined Dec 2020 | Status: Trader | 1,210 Posts
{quote} So, I made a new bullish trend line (blue) based on the bullish rally since Friday to 1.1800 area, but now you can see how price action slammed down through all the lines except for the blue line at 1.16900 area. It appears that 1.16900 is the last man standing support area for bulls. Once price breaks below and holds, we are likely to see more overall bearish pressure going forward. If that line holds, then the overall bull target for 1.2000 area (see daily chart) is still valid until the end of this month and year. I had 7 short positions...
I made 2 short term lines (purple and orange) to see how price reacts for today and tomorrow.
I held 7 short positions since yesterday's high. TP = 1.16902.
Let's see what happens.
You cannot fail if you never give up.
- #18,507
- Dec 18, 2025 5:00am Dec 18, 2025 5:00am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
Will exit some of my short from 1.1750, I am targeting at least 1.1700 with my other one! 
Good luck!
Good luck!
Looking for profitable short term trades ...|
- #18,508
- Dec 18, 2025 6:20am Dec 18, 2025 6:20am
- Joined Dec 2020 | Status: Trader | 1,210 Posts
{quote} So I deleted the previous purple line because price no longer seemed to react to it. So now the main lines to watch are the 2 blue lines above and below current price action as well as the red line at 1.1700 area. If price breaks down and holds below the lower blue and red lines, then bear strength should build. Otherwise, bullish strength will likely continue to drive price up. I made 2 short term lines (purple and orange) to see how price reacts for today and tomorrow. I held 7 short positions since yesterday's high. TP = 1.16902. Let's...
I'm getting the impression that we might next see a 100 pip drop from today's high. Like down to 1.16600 by tomorrow.
I could be wrong. Let's continue to watch how the price action behaves around the lines.
I'm still holding 7 short positions. TP = 1.16914.
You cannot fail if you never give up.
- #18,509
- Edited 9:16am Dec 18, 2025 7:26am | Edited 9:16am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
No much fun today. I was expecting more upside movement. That we are here at 1.1700's lows is weird better watch the base for a break!
Edit: Will have to close. Longs only above 1.1763 and with caution! See you tomorrow, bye!
Edit: Will have to close. Longs only above 1.1763 and with caution! See you tomorrow, bye!
Looking for profitable short term trades ...|
- #18,510
- Dec 18, 2025 12:35pm Dec 18, 2025 12:35pm
- Joined May 2011 | Status: Trader | 1,580 Posts
It's been a good year. Early on I was running mostly longs with a little hedging. After the dog days of summer started, typical ranging trade, I went to trading in and out of shorts to pay the mortgage (ring the register) and holding longs to protect.
When fall came, I was a little surprised as range persisted and started to eat into profits. So I rolled out some underwater trades and decided to stay range trading. Nice recovery as I was expecting the long trend to resume;-(
So now is time to cash in. Covered most of the tax profits with some write downs on expenses and rolled off some gains into futures. Let next year hide me from the tax man.
Now I am taking holiday until next year, YES!!! OFF FOR THE REST OF THE YEAR. Woohoo!
Next year, I expect a normal start of the year so I will be loading up short EURUSD on first Tuesday/Wednesday next year. It may sound like a long time but it's only 20 days away.
Happy trades to you,
NB
Ecclesiastes 1:9
- #18,511
- Dec 18, 2025 1:11pm Dec 18, 2025 1:11pm
- Joined May 2011 | Status: Trader | 1,580 Posts
{image} It's been a good year. Early on I was running mostly longs with a little hedging. After the dog days of summer started, typical ranging trade, I went to trading in and out of shorts to pay the mortgage (ring the register) and holding longs to protect. When fall came, I was a little surprised as range persisted and started to eat into profits. So I rolled out some underwater trades and decided to stay range trading. Nice recovery as I was expecting the long trend to resume;-( So now is time to cash in. Covered most of the tax profits with...
For 2026, I expect a year similar to 2018. Early on buying into January to give the feeling that they are buying EURUSD. Then the switch after they have traders convinced of the bull. The trick is to accumulate shorts (slow but steady selling) and then hold for the turn down into spring.
Of course, be ready in case it's wrong. Over 1.2000 and that's a horse of a different color;-)
Happy trades to you,
NB
Ecclesiastes 1:9
- #18,513
- Dec 18, 2025 8:45pm Dec 18, 2025 8:45pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
The EUR/USD pair has stayed above the 1.1703/00 support zone, but it is currently trading with a bearish possibility.
If a break below this support occurs, the pair is expected to meet 1.1682 and 1.1648. A bounce from bulls could occur at these critical levels.
The level of 1.1763 must break up and hold to allow for a more bullish move towards the significant resistance at 1.1804. Caution is advised until a stronger break above this resistance happens.
Daily volatility (range) 34 pips
Significant news - University Michigan Sentiment Final
Have a great Friday!
1H
If a break below this support occurs, the pair is expected to meet 1.1682 and 1.1648. A bounce from bulls could occur at these critical levels.
The level of 1.1763 must break up and hold to allow for a more bullish move towards the significant resistance at 1.1804. Caution is advised until a stronger break above this resistance happens.
Daily volatility (range) 34 pips
Significant news - University Michigan Sentiment Final
Have a great Friday!
1H
Looking for profitable short term trades ...|
- #18,514
- Dec 18, 2025 10:59pm Dec 18, 2025 10:59pm
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC
- #18,515
- Dec 18, 2025 11:59pm Dec 18, 2025 11:59pm
Hello traders! Good morning from Romania, Eastern Europe.
This is the map that i'm following today.
It looks like the EUR/USD is looking to break under 1.17025 which would turn the H1 into Bearish.
If so, i will be looking for a pullback, and then short the pair.
Target : green box(last bull leg OTE - fib from swing low to swing high, marked out in green 0.68-0.79 area).
Hope it will play well.
Good luck to everyone
This is the map that i'm following today.
It looks like the EUR/USD is looking to break under 1.17025 which would turn the H1 into Bearish.
If so, i will be looking for a pullback, and then short the pair.
Target : green box(last bull leg OTE - fib from swing low to swing high, marked out in green 0.68-0.79 area).
Hope it will play well.
Good luck to everyone
- #18,516
- Dec 19, 2025 12:22am Dec 19, 2025 12:22am
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC
- #18,517
- Dec 19, 2025 1:39am Dec 19, 2025 1:39am
- Joined Dec 2020 | Status: Trader | 1,210 Posts
{quote} So, the 1 hour and 4 hour candles have closed inside the flag between the purple and orange lines. I'm getting the impression that we might next see a 100 pip drop from today's high. Like down to 1.16600 by tomorrow. I could be wrong. Let's continue to watch how the price action behaves around the lines. I'm still holding 7 short positions. TP = 1.16914. {image} {image}
Current TP for shorts = 1.16626.
You cannot fail if you never give up.
- #18,519
- Dec 19, 2025 7:31am Dec 19, 2025 7:31am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,452 Posts
The EUR/USD pair has stayed above the 1.1703/00 support zone, but it is currently trading with a bearish possibility. If a break below this support occurs, the pair is expected to meet 1.1682 and 1.1648. A bounce from bulls could occur at these critical levels. The level of 1.1763 must break up and hold to allow for a more bullish move towards the significant resistance at 1.1804. Caution is advised until a stronger break above this resistance happens. Daily volatility (range) 34 pips Significant news - University Michigan Sentiment Final Have a...
I wish you a great weekend ahead bye!
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