EURUSD

Divergence on the 1-hour ? Is it time to go down ?

so boys
Short in 3503?

alright good luck

Wait till 1H candle closes.

3050 is still 50 Pips away

Will do. Just asking for your opinions.
Do you also see that ?

Also note that the ratio of long to short positions in the EURUSD stands at -2.02 as nearly 67% of traders are short. Yesterday, the ratio was at -2.27 as 69% of open positions were short. In detail, long positions are 7.4% higher than yesterday and 22.1% weaker since last week. Short positions are 4.5% lower than yesterday and 1.5% stronger since last week. Open interest is 0.9% weaker than yesterday and 0.8% below its monthly average.

EUR/USD’s acceleration higher has so far taken it to 1.3487 which is close to the 1.3550 December high point which remains in
focus.
Between it and the next higher 61.8% Fibonacci retracement of the October-to-January descent at 1.3628 the recent upside momentum is likely to diminish this week, however.
Minor support now comes in around the 1.3322 early February high with further support being found around the 1.3293 21st of February high.
The current acceleration higher is being viewed as a deeper corrective phase within an overall bear trend.


Support--------Reason
1.3436---------50% retracement
1.3322----------9th Feb high
1.3199-----------21st Dec high
1.3145**---------October low
1.2974**---------Feb low


Resistance--------Reason
1.3550/53**------2nd Dec high & RL
1.3628**----------61.8% Fibonacci
1.3637-------------Resistance line
1.3729*------------200 dma
1.3815**----------14thNov high

There will be likely drop to 1.3280 aroundbouts before any move further above 1.35

So, wait for "jaw-dropping news"

^^

Good morning guys, anything new?
Just woke up

Anybody using IG Index on here ?

The site appears to be down.

Nice candle on 1H. Area 1.3458 not broken by this candle. Seems to be good time for short near 1.3448 - 1.3450 area.

Is the DAX going to crack 6900?

Same here - I thought it was just me.

hoping for a retest of R1

Looks like your screen's on acid, Ac1d

works for me

No offence intended. On IG Index, I can now log in, but it doesn't display my balance, and any attempt to open a position gives a 'sorry, the operation was not successful'-popup. What's wrong with them?

Your feed probably doesn't supply index's

they are coming down, cause they predict the data ?