Hello and welcome back. If you found this idea helpful, please leave a like. As the states get closer to the election, uncertainty within the markets is rising. I am still favoring upside in EURUSD and expect the highs above to be taken out and perhaps trade higher into the rectangle outlined above.
Due to the major shift yesterday, my daily bias is to be bearish. And even though we have not made a lower low, we have yet to create a higher high so I'm being a little aggressive with a bearish call since I don't have as many confirmations as I would like to have. I pulled fibs across a few situations and entered on each three of those situations shown and 3...
CoT has the commercial banks shorting the EURUSD still. Yeah, they added a few long positions this weel, but that was to get back to a level they wanted to add more shorts. They/ve been shorting since the height of the Pandemic swing. so for the Central banks to start being profitable, the price will have to be below 1.13500. If you draw a fib from the start of...
Hello and welcome back. If you found this idea helpful, please leave a like. Last week was very tricky for me. It was one of my tougher NFP weeks I've had all year. Anyhow, I believe EURUSD has formed a low and I will be looking for higher prices. My idea for 1.1500 will need to be put aside for now. First objective would be 1.1800 and then trade into the blue box.
Welcome back. Please give this idea a like if you found it helpful. EURUSD is looking to target 1.1500 intermediate term. I am bearish unless we trade above 09/23/20 daily high and do not reject.
If you found this idea helpful, please leave a like. EURUSD is not out the woods yet. Euro news is still to come on Wednesday. I do hold a short bias for this pair, but I believe the better trade/short will be in GBPUSD. Refer to the related ideas below. The red lines are my objectives for EURUSD.
If you found this idea helpful, please leave a like. GBPUSD is currently consolidating. Because of this, it can go both ways. I am waiting for the high impact news events for this week to give me more information. Neutral stance.
If you found this idea helpful, please leave a like. EURUSD is still bouncing around in the range that I have defined. There is lots of high impact news this week, so I am expecting some volatility. I am neutral at the moment, but if I had to choose a side, I'd like to see it go lower from here.
The high impact drivers today had an aggressive move higher, but Fiber quickly repriced lower later in the day. The chart shown here is a trade idea that I would consider.
I can see shorts for EURUSD. Price needs to stay above the grey box to maintain the bearish outlook. If the top of the grey box is traded to, we need to get away quickly from that area. Otherwise, we will consolidate or move back into a bullish stance.
EurUsd D. If 1.0766 broken, then 1.0644 is the target for sells.
EU showing signs of turning around near weekly high after stop hunting
What you see is EURUSD on H4 timeframe. The price will bearish to 1.08800. You can take any profit above 1.08800. The volatility this week slow regarding towards the fundamental week. Market will be slow, choppy and spiky upon 2nd March 2020 - 6th March 2020. Heading towards the payroll report on 6th. This will be the correction towards the market as EURUSD will...
After taking out Friday's high and rejecting multiple candles plus we haven't had any retracements after the expansion last week i'm expecting some selling to occur to the 1.1100 level with maybe a 10 pips sweep below that.
Dxy clearing the clean highs at 95.30 will send eurusd to hell. Cut the trade if it finds support and fail to break below monthly open. Good luck
Short Opportunity here, invalidation if we break the short term swing high to the left.
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