Only EURUSD

The announcement has pushed us to the potential sell zone 1620. Let see!

I think it’ll sell from here looks like a huge double top on the daily, impulse downwards, and this could be a retest before going lower

Mode: trading enabled
Ask: 1.15985
Bid: 1.15972
Spread: 0.00043
gap: -0.00633
balance: $2042.88
profit: $-104.51
equity: $1938.37
used margin: $1667.91
free margin: $270.46
lots: 0.72
PROFIT/PIP: $7.20
expected profit: $323.17 (15.82%)
expected balance: $2366.05
entry: 1.1584
target: 1.1539
total pips: 44.88
pos: 58.1
order type: sell

am still selling as long as that blue resistence isn't broken

The EUR/USD rose above the 1.1590 resistance turned support level after the open and reached 1.1617, fueled by better sentiment surrounding a peace deal between the US and Iran. For now, the pair holds short term upside momentum, scoping for a move toward 1.1645 if 1.1617 gives way. However, if 1.1590 fails to hold, the pair is expected to retrace and test the lower support zone at 1.1465/55.

Daily volatility (range) 40 pips

Significant news - US Industrial Production


Have a great week!

1H

Most probable historical for the USD index is to close the gap after volatility hits near the London or US open. So buying at high prices is really dangerous right now.

yea but also no sign of bull weakness so better to wait on sideline.

the deal brings 60 days of talks…. I still dnt trust a deal.

This deal looks like the previous one before a new deal. No trust either.

accordin tf H8, price has moved after the news on IRAN-US deal with inertia due the empty volumetric of asian session as VROC(25) has printed, to the upside the historical POC @1,1650 can be seen again, the cluster around it is well guarded by bears, let see if they give up. My bias remains bearish anyway.

Dollar still has the upper hand for now, but I’m not trying to marry the move. If EUR/USD keeps dropping after the headline drama fades, then maybe DXY is actually telling the truth.

On the EURUSD pair, the price broke the resistance level at 1.1593 during its upward movement and consolidated above it. The resistance level at 1.1664 could be the target for a continued upward movement.

1. EUR/USD edges higher to around 1.1610 in Monday’s early European session.
2. The US and Iran announced a framework deal for peace.
3. ECB’s Nagel said the central bank is ready to hike again in July if necessary

yeah that's good area for going short

Guys I just got into this trade. I trade two strategies developed by me, one has high probability and the other low probability. This setup is the one with low probability so I cut my Risk into half.

i will look for shorts from the highlighted zone ,,,,

i took a loss.


Ask: 1.16006
Bid: 1.15990
Spread: 0.00046
gap: 0.00587
balance: $1880.240
profit: $-2.650
equity: $1877.590
used margin: $185.63
free margin: $1691.96
lots: 0.08
PROFIT/PIP: $0.80
expected profit: $6.15 (0.33%)
expected balance: $1886.39
entry: 1.16018
target: 1.16093
total pips: 7.687
pos: 8.9
order type: buy

have you defined what it means to "look for shorts"?

now i am ni

The EUR/USD dropped to 1.1585 after printing a high of 1.1621 on Monday. The pair is currently searching for support to mount another challenge toward 1.1621, with a view toward the 1.1645 resistance level and potentially 1.1685 if a stronger move occurs. On the downside, the weekly pivot and the 1.1556 support zone are expected to hold any dips.

Daily volatility (range) 40 pips

Significant news - US Housing Starts


Have a great day!

MY TAKE ON THE E/U PEE EWW >>>>
THE OVERNIGHT LIQUIDITY SWEEP. Algo's are hunting small margin accounts to stomp them out even if they bought Friday they are not safe. Pure manipulation at its finest. We go higher from here because all the Bigs have been doing since the THURSDAY morning selloff is rotate in to longs and they have plenty of trapped LONG traders at the high of today to sell into and drive their holdings even higher during the upcoming London and NY sessions.