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Quoting Js3mwtRc

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{quote} Who is the elephant in the room. Sooner or later the tide should turn but when the market ignores fundamentals then I know what to do. My technical focus is now on the 1.1919 level (the September 2025 high). If bulls can consolidate above this, the 1.2000 psychological barrier becomes the primary objective. Also you can search for this Ai: The convergence of a possible shutdown and the Fed’s messaging creates a "wait-and-see" environment for the markets. If the funding package stalls, it could overshadow the Fed's attempts to...

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Quoting Twocans

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all i see is bagholders

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Quoting Twocans

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{quote} Market has been closed a little over an hour. About 15 min before the close there was (like coordinated clockwork) on every blank/USD pair I follow a huge spike to the upside to wipe out shorts and small "spread only" accounts that quickly fall below minimum margin which triggers an automatic reset closing the positions out creating more fodder for these GREEDY MF'rs. Now in the aftermarket hours you can clearly find those new bag holders (at least for now) I wrote about in a previous post up there ^ getting reamed like in 'Deliverance'...

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Quoting johncen

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Recommendation is not to fight against this strong trend and we have fomc later today. With new Fed chair about to be announced and pa above 1.2 it opens up a massive room above. not sure if daily channel means anything. I will probably skip trading for a bit. I need to see a proper pull back before jumping in {image}

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Quoting johncen

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Recommendation is not to fight against this strong trend and we have fomc later today. With new Fed chair about to be announced and pa above 1.2 it opens up a massive room above. not sure if daily channel means anything. I will probably skip trading for a bit. I need to see a proper pull back before jumping in {image}

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Quoting Js3mwtRc

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{quote} Looking great Can we go to 1.1900 or to 1.1800 much better!

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Quoting johncen

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{quote} i have 1890 and 1830 as my levels of interest. Not sure if we will get there. we didnt go back to retest 1743 but there is no guarantee we will, in the near future. Just like there were a lot of those levels untouched since Mar last year when we broke above 1.05

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Quoting Js3mwtRc

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{quote} Forecasts say it can happen but they change every time. Eu is higher above my bullish case but as you mentioned we need to watch Powell today. I mostly think the pair will rise to 1.2300. I've got 1.1827 mean, 1.1960 bull case and if fed turns hawkish 1.1683 for Q1

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Quoting johncen

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{quote} 1743 my key level. As long as we are above it is bullish. Even if Fed is Hawkish (most people expect Fed to keep rate unchanged this round) but with a new Fed Chair coming in. Market may ignore Powell. the problem is any news no matter good or bad, all ended up weakening the dollars. Market sentiment is sell the dollars!

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Quoting Js3mwtRc

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{quote} That because of Trump! But if a more market friendly nomination takes Powell's place (not so dovish for dollar) then the market should follow the economic news for a while and then a deeper retrace might come. Following all these but techs matter!

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Quoting aayushjaiswa

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{image}

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