EURUSD

Now I can know when my target has been reached while on the golf course (without having to open my phone's web browser).

This PA looks Bearish to me #788

i just keep watching the chf, that thing has just got a few things holding it up..if the dpp does not hold it up, it has a little bit to fall before a good size bounce imo. that wedge that gator posted or had me draw up late last week...we bounce off of the upper tl again on the 1hr. i'm still just steering clear and taking trades on gu and gj

lol, there ya go.

I think it brake support and now we can see only bearish trend. I have a short. Good trade gays...

nice one so for the flag we need to go up before we fall or can we just break lower and forget about "E"

We just broke the lower TL.

there are it brake support on H1

Damn I hate mondays, I always miss my entries. Morning all.

2550-2320

Open 2550
00:00 2515
03:00 2446
04:00/05:00 retest 2514

Drop to 2371 07:00

10:00 11:00 test 2446

13:00 2320

Close 2351/2360

thanks I just wanted to short but looked at my 5min chart and held of as could be double bottom at 2480 in the making....hence bounce.... could be good as a retrace to the tl to validate it and then short...

To me it will bounce at least to 1.2546 area, and I will be shorting or if it drops 1.2470 I will short it till 1.2340-70 area.

EURO-DOLLAR: Opened Asia around $1.2535 with early demand for euro-yen
taking the rate through $1.2575, tripped stops taking the rate to
session highs of $1.2586. Rally ran into macro name supply which pressed
rate back, trading down to $1.2510 where it met decent two way action
before the Aussie sell off provided the added weight to take rate to
eventual lows of $1.2481. Rate recovered as risk aversion positions were
pared as equity markets recovered early losses, the rate trading back up
to $1.2525 ahead of the European open. Rally was quickly sold into in
early Europe, the rate pressured down to $1.2481 before picking up fresh
demand that lifted it back toward the figure. Support remains in place
at $1.2480, a break to allow for a deeper move toward $1.2455/45.
Resistance $1.2520, more at $1.2530/35 ahead of $1.2545/50. Bank of
Spain said on Saturday it had taken over the running of Spanish savings
bank CajaSur. Move has heightened concerns that Spain's regional lenders
could put added strain on Spain's public finances.

Provided by: Market News International

Here's a couple 4hr BIG charts...mids between these lines should still be numbers but these are taken off of the total all time move. this is the way I see it either way, I'll build shorts on the way up but these are some possible stopping points imo if we take a substantial bounce off of that 50 line. some of these work out to be fib lines too

on what basis do you make such forecasts

Here's same lines on a daily with a few in betweens..

sorry, I mean that I noticed more details than just 3000+ EU drop, and - no doubts - you do more. You told already, you based on chf which exist longer than eur, but, again, chart I posted EU from 197x not been painted with PA by me - I got it from internet, same as you and others - from some company. Whould you please share your clean high resolution PA chart without your lines and indis?

is their such as a thing as an inverse cup and handle? The 15 and 30 min chart shows it the best?

Morning to all & so gapped down & expecting it close with existing home sales news in the evening my time , stagger here & there at lower levels & need shorts to close at higher level than tp before weekend 1.2460 for safety but start accumulation longs at & below 1.2476 if again .
already bull trying to resume with double bottom in m1 , bull rally in h4 ,h1 & most other lower tf ,daily from before in the background though with no much success , so better bear continue a little & try again , bank holidays in favour .
waiting some action & rest for the day till home sale news .
Afterall a week long bull play in mind , so next buy from any low .
fontu

I am considering a sell at 2479 tp 2458 sl 2505

FX: Option expiries for today's 1400GMT cut,
* Euro-dollar; $1.2700
* Dollar-yen; Y90.90, Y91.00, Y92.00, Y92.50
* Cable; $1.4430
* Euro-Swiss; Chf1.4550
* Aussie; $0.8450
* Kiwi; $0.6750

Provided by: Market News International