The EUR/USD held above 1.1600 after a drop from the 1.1667 high reached yesterday, showing signs of consolidation. If the resistance holds, liquidity below 1.1600 might drag the pair lower toward 1.1576 and 1.1555/30. On the other hand, bulls will ...

Only EURUSD

No move here after the morning, selling and buying have pinned the price at 1650. Some upside still in the cards but 1600 might be revisited before. Buying on a break above todays high is wise and not here without confirmation.

Only EURUSD

This is not other persons thread other than this: Only EURUSD You are in the right one!

Only EURUSD

I believe 1.1700 is possible if the situation with us/iran/israel cools more. 1.1600-1.1580 is keeping the upside for 1.1550/30

Only EURUSD

Should this be a fakeout at 1657 resistance heading into the London open, we need to watch out!

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The EUR/USD rose above 1.1600 yesterday, closing the gap and reaching 1.1645. This created a strong bullish formation from the 1.1507 low seen earlier on Monday. For now, the price is expected to trade below 1.1657 without a clear direction, ...

Only EURUSD

This is where resistance stands. The red zone is a confluence of the daily and 4-hour timeframes, institutions often use these zones to liquidate longs and reload shorts. Fundamental analysis also supports a bearish outlook, suggesting a sell limit ...

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Institutional desks and hedge funds don't like holding heavy "Short" risk over the weekend given the current geopolitical headlines (Iran/Energy). They buy back their shorts to flatten out, which pushes the price up into the Friday close. The ...

Only EURUSD

Market makers should have a ton of selling orders to cover and meanwhile they keep buying deeps towards 1500 zone until they dump eu eventually!

Only EURUSD

So we might see some consolidation before us cpi this week

Only EURUSD

Yes bulls didn't follow the first time but they might give us this pullback finally. I've got 1.1650 too.

Only EURUSD

Probably we'll see the gap closing after this mornings positive movement but 1.16+ should cap.

Only EURUSD

The EUR/USD opened lower at 1.1546 and hit a low of 1.1507, approaching the 1.1500-1.1490 support zone and leaving a significant gap. If this zone breaks, the downward trend is expected to continue toward the next support at 1.1468. Conversely, ...

Only EURUSD

The EUR/USD saw a sharp decline this week following the Monday open. Previously trading near 1.1800, an opening gap lower ignited bearish momentum that easily cleared the 1.1700 and 1.1600 psychological levels. The pair eventually stabilized after ...

Only EURUSD

The "path of least resistance" is currently lower. The market is testing the resolve of the bulls at this channel break, and without a fundamental catalyst to save it, the technicals favor the bears heading into the weekend. If the weekly 50 sma and ...

Only EURUSD

In a normal world, a -92K jobs print would send EUR/USD soaring 100 pips. However, the pair is struggling to maintain its gains because of the ongoing war with Iran (entering its 7th day) is forcing capital into the USD regardless of the bad ...

Only EURUSD

I was short at the start of the week but exited after the move at 1.1657 thinking the market will reverse but we are still in consolidation mode and bearish. The first falling wave after the gap was the best opportunity to sell but also my target ...

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Agree. The Middle East is on fire yet and oil and gas prices are higher without signs of de-escalation yet the weekend will be crucial. Risking another gap on Monday is dangerous. Probably an upmove will fade unless signs of peace hit the wires.

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The EUR/USD continues to trade within its established range following a failed attempt to breach support at 1.1530. Now trading back above 1.1600, the pair is looking to surpass recent daily highs. However, resistance at 1.1668 remains a hurdle for ...

Only EURUSD