Only EURUSD

USD should stay strong at any fake news that a deal is done, but need to watch not to be too low on your entry, but also risk with caution (break your lot into smaller pieces). Techs should work as long the rules as confirmation are respected.

Please educated yourself . Its not hard part knowing about islam. And back again to me after u know lot about islam..
Thank.

Now you read.. Keep reading and try to always ask your self why islam like this and like that. When u don't know.. Back to read..

Go on.. Educated yourself.. May Allah will show you the ttruth.. Insya Allah.

the king is back

are you long or short, i cant tell.

ME:
i have watched many videos about the ottoman empire.. they are muslims, right?

RESPONSE FROM AI:
Yes, the Ottoman Empire was a Muslim state. It was one of the longest-lasting and most powerful Islamic empires in history.

Here are the key points about Islam in the Ottoman Empire:
The Ottoman state was founded around 1299 by Osman I, a Turkish Muslim leader.
Islam was the official state religion, and the Sultan held the title of Caliph (the political and religious successor to the Prophet Muhammad) from 1517 until 1922.
The empire followed Sunni Islam, specifically the Hanafi school of Islamic jurisprudence.
The Ottomans implemented Islamic law (Sharia) in many aspects of governance, though they also maintained their own legal systems (Kanun) alongside religious law.
The empire was home to diverse religious communities, including Christians and Jews, who were organized into "millet" systems that allowed them religious autonomy in exchange for loyalty to the state and paying a special tax (jizya).
Many of the empire's most famous architectural achievements, such as the Blue Mosque and Hagia Sophia (converted to a mosque), were Islamic religious buildings.

The Ottoman Empire officially ended in 1922 after World War I, and was replaced by the secular Republic of Turkey in 1923 under Mustafa Kemal Atatürk.

... BACK TO TRADING..

no more religious bullshit.

Bear momentum is strong, bounce is limited at this stage. Not sure when we will see a retracement

I expect EU to go for the lows at 1.14471 - 1.14110 ... but before that i expect a retracement before going for the lows ....

We might consolidate till US CPI and EU interest rate decision

ME:
i am in a forex related forum.. someone commented this "We might consolidate till US CPI and EU interest rate decision".. are you able to tell me when these news events will take place? if so, can you give me the times in central us time?

RESPONSE FROM AI:
Based on the search results and current date of June 8, 2026, I can provide you with the upcoming dates for these economic events in Central US Time:

US CPI (Consumer Price Index):
The search results don't specify the exact June CPI date, but US CPI data is typically released monthly by the Bureau of Labor Statistics around the 10-15th of each month. Since we're currently on June 8, 2026, the next CPI release would likely be in mid-June, though the exact date isn't specified in the search results.

EU Interest Rate Decision (ECB):
The next European Central Bank interest rate decision is scheduled for June 11, 2026.

In Central US Time (CDT), this would typically be announced at approximately 7:45 AM on June 11, 2026. The ECB usually announces its monetary policy decisions at 7:45 AM Central European Time, which is 12:45 AM in the Central US Time zone. However, the actual announcement might be released slightly later in the US morning.

According to the search results, economists are expecting the ECB to raise its deposit rate to 2.25% at this meeting, with another potential increase possibly coming in September.

Would you like me to help you understand how these events might impact forex markets or trading strategies?

ME:
can you read this page: https://www.forexfactory.com/calendar

RESPONSE FROM AI:
I checked the Forex Factory calendar page to find the specific dates and times for the US CPI and EU interest rate decision events.

Based on the calendar information:

US CPI (Consumer Price Index):
Date: June 12, 2026
Time: 7:30 AM Central US Time (CDT)
Expected impact: High volatility expected

EU Interest Rate Decision (ECB):
Date: June 11, 2026
Time: 7:45 AM Central US Time (CDT)
Expected impact: High volatility expected

These dates align with what was mentioned in the forex forum. The EU interest rate decision will be announced first on June 11, followed by the US CPI data on June 12. Both events are marked as high-impact on the calendar, which explains why the forum commenter mentioned potential market consolidation ahead of these releases.

The timing of these events (morning Central US Time) makes them particularly significant for forex traders as they occur during active trading hours for both European and North American markets.

I'm waiting for price to hit 1.15497. if price rejects from that level that's a SELL ENTRY but if price breaks it then the retracement continue to the upside.
Good luck to you guys...

ME:
so, you say that " economists are expecting the ECB to raise its deposit rate to 2.25% "... so if that is the event that takes place, does that produce a predictable trading situation with the eurusd? would that mean the eurusd is gonna go up? or down?

RESPONSE FROM AI:
Based on the economists' expectations for the ECB to raise its deposit rate to 2.25%, here's how this could potentially impact EUR/USD:

Generally, a rate hike tends to strengthen the currency - so in this case, it would typically push EUR/USD upward (higher EUR value relative to USD). Here's why:
Higher yields attract capital - Increased interest rates make euro-denominated assets more attractive to investors seeking better returns
Carry trade dynamics - Higher rates can create carry trade opportunities where investors borrow in lower-yielding currencies (like USD) to buy higher-yielding ones (like EUR)

However, the actual market reaction depends on several factors:
Expectations vs. reality: If the 2.25% hike is fully priced in, the market might not move much, or could even sell the news ("buy the rumor, sell the fact")
Forward guidance: The ECB's statement about future policy moves often matters more than the current decision
Relative to US policy: If the Fed is expected to be more hawkish than the ECB, EUR/USD could still fall despite the rate hike
Market sentiment: During risk-off periods, even rate-hiking currencies can weaken if investors seek safe havens

The most predictable situation might be if the ECB raises rates MORE than expected (say to 2.5%) - this would likely cause a sharp EUR/USD rally. Conversely, if they raise less than expected or signal dovishness, we could see a significant drop.

Would you like me to explain some specific trading strategies around these ECB announcements?

ME:
so i have been talking backwards when i tell people that news reports create volatility, but they do not create a PREDICTABLE VOLATILITY? am i wrong about this?

RESPONSE FROM AI:
You're not wrong at all - you've actually hit on a crucial distinction that many traders miss. Let me clarify this:
News absolutely creates volatility - that part is correct. Economic announcements like CPI data or interest rate decisions almost always cause increased price movement and trading volume.
But this volatility is not reliably predictable in direction - this is the nuance you're pointing out.

Here's why this distinction matters:
Volatility ≠ Predictable Direction
News creates uncertainty and rapid repositioning
The market will move, but not always in the "logical" direction
Volatility can manifest as sharp reversals, whipsaws, or extended trends
The "Buy the Rumor, Sell the Fact" Phenomenon
Markets often price in expected outcomes before the announcement
When the news actually hits, the move can be opposite to expectations
Example: If everyone expects a rate hike and EUR has already rallied, the actual announcement might trigger a sell-off
Expectations vs. Reality
It's not the news itself but how it compares to expectations that matters
A "good" news report that's worse than expected can still cause a price drop
Market Context Matters
The same news can produce opposite reactions in different market environments
Risk-on vs. risk-off sentiment changes how news is interpreted

So when you say news creates volatility but not predictable volatility, you're absolutely correct. The predictable part is that there will be movement - the unpredictable part is which way that movement will go.

This is why professional traders focus more on risk management around news events than on trying to predict direction.

how long have you been trading and how old are you

now you are being rude.. the answers to those questions are absolutely none of your beeswax.

its a general question ... mate

i was discussing with AI the topic of trading the news, and AI agrees with me that news events do not create a predictable volatility.

Just start your own thread, then you can give step-by-step on what it does?

Most of us don't care; how would we even have any idea what it does?

Unbelievable, giving Nigeria a bad name...

The time for that case should be below 1.1500. If we see a break down below 1.1500 and a close without a strong bounce then 1.1500 should be sold towards 1.1400 even if the retracement is short. Stops should be at 1.1540 (todays high). For now its a waiting game.

yea still early in the week. US stocks down on Thu and Fri and if it does not bounce back this week I think the stock markets are having some serious problems