It seems that EUR/USD continues in a holding pattern waiting for the ECB Interest Rate Decision that will be released tomorrow. It also may be making a rising triangle pattern! image

EURUSD

EUR/USD might bounce from "yours" 71.4 (1.1234) it could be a great long entry with a tight risk or even use stop and reverse down to 1.1200.

EURUSD

It depends on the next ECB Monetary policy statement and press conference that will be held on Thursday the 8th of June. ECB seems eager to tighten the European monetary policy and on the other hand the last non-farm payrolls came out much worse ...

EURUSD

I'm expecting a deeper correction down to 1.1110, ADP (NFP preview) had a good number so my forecast is also good number for the NFP. On the daily time-frame is making a potential double top formation. image

EURUSD

I see a rising wedge and a potential double top on your chart, not a good sign for bulls. But a President that says the global warming is a fiction of imagination everything goes. If we get bad US data the President may also say "you're ...

EURUSD

EUR/USD is to choppy for me an lack of direction so for today I sit in the side lines just watching.

EURUSD

Seems like EUR/USD lost its upside momentum and turn south. I think it will continue south until the non-farm payrolls later this week. Nonetheless we might witness choppy trading until Thursday, a good scenario for scalpers.

EURUSD

Seems like you are on the right track I'm also long @ 1.1174 (06:30 GMT) and I though that I was wrong after a violent pull-back that almost stopped me. But now is looking good.

EURUSD

The currency pair is definitely in a range bound however I do not want to short because in the mid term is in a strong bullish trend and now is just taking a breather.

EURUSD

I think we may see another retest of that support, I'll look to get long there.

EURUSD

Could this be the beginning of a deep correction? Are the hibernating waking up! I'm taking your advise and staying still until Draghi speech.

EURUSD

Seems like it will continue to push higher towards 1.1291. Where are the , hibernating?

EURUSD

Seems like bulls are exhausted on last Friday and I'm expecting to see a pullback before another move upward. The pullback should go down to today's S1 @ 1.1128 or to last Fridays low @ 1.1098. So no buying for me until I see the pullback.

EURUSD

Finally a good winner yesterday with that short and I'm getting ready to short again today with a the same keys levels. Price just crossed above yesterdays pivot point @ 1.1138 and at any sign of weakness I'll get in short @ 1.1136.

EURUSD

At least to your 61.8 Fibonacci extension. I'm also expecting a good profit taking today. Got in short just below today's pivot point @ 1.1136 with a strop @ 1.1174 (above year high) and a target @ 1.1082 (yesterday low). I hope that ...

EURUSD

OMG!! It did not even pause to take a breather at 1.1040 going thru it like a hot knife in butter, more than 100 pips rally. My last two strongholds are 1.1097 up to 1.1237.

EURUSD

I fully agree with your assessment but the pair seems unstoppable. For me the pair is extreme overbought however I will no dare short until I see a bit of weakness. The currency pair just broke above the previous 2017 high, question now is ...

EURUSD

My view for today: Seems like it will be a consolidation day after Friday's 80 pips bullish run. The currency pair should stick to a narrow range going from 1.0915 up to 1.0949 on the back of light economic news today (Monday). So I'm not trading ...

EURUSD

You where right it failed miserably . It seems like I'm completely out of sync with the market . So no trading for me today to choppy since Wednesday.

EURUSD

Good morning traders, Here is my view for today: Spotted a inverted head and shoulders pattern formation on the M30 time-frame. Although Pivot point slope is negative, a bearish sign, is now trading above the pivot point and also above the M30 50 ...

EURUSD