After having a bull day on Monday, Tuesday has been dominated by the bear and we have closed back under significant breakout level 1715-20 which indicates a potential failed breakout if we are unable to closed back above. for now 1704 supporting the ...

Only EURUSD

hahaha dmt worry its under Biden so he wnt say that, he will only say since he was in the office we are doing so well

Only EURUSD

Yea if we are adjusting nfp data before March 2025, i m finding it hard to believe that it will have a huge impact on Fed decision today. Man but can you trust these data nowadays? While market is trading potential recession in the US, on the other ...

Only EURUSD

Hourly closed may open up 172x area to be retested so is nfp benchmark adjustment matters? Knowing it is to be released in 2 hours but not on the calendar?

Only EURUSD

was about to say it opens up 172x not sure about 1700 1682 though have to take it step by step but as long as above 1667 its all just buying dip for me! Happy to be proven wrong as it means bear is back

The Swamp

yea i am not sure if it will give another 1745 and 172x, strong bounce from 1745 area. I closed my scalp long too soon thinking we will go back

The Swamp

same for eu which is drop to retest breakout area to buy

The Swamp

Bounced off 1745 for now let see if 1760 can turn into a short term resistance to trigger some more drops to 172x area which is the buy zone

Only EURUSD

tp hit! Well done

The Swamp

yes true, i do want to see a retracement so let see! i dont want to short and dont want to long here….. so sideline is the best option

Only EURUSD

i think its a 25 basis point cut that was priced in. Market expecting Fed to cut once and then wait and see. Now market is worried about the US economy and stagflation, they are ignoring any bad news in Euro zone and Gold/Currencies going one way ...

Gold

yea 1667 would b nice but this may indicate a fake breakout and top failure. not with the current market sentiment i guess, but if market shift focus to France policiticak uncertainty and EU debt crisis then maybe

Only EURUSD

indeed we have been ranging for almost a month, when it breaks out and if mometum is strong it will be very one-way market movement while i would like to see retracement to retest 1720 but i doubt it

Only EURUSD

yea that would be better but while h1 above that upward tl there is no sell was expecting usd strength in the second half of the year but it seems like unlikely

Only EURUSD

even if we see a strong ppi/cpi, combined with weak employment data, US economy is a lot worse than we thought. market may expect more aggressive cut from FED

Only EURUSD

Its a confirmed breakout on daily level, confirmed with yesterday’s candle, unless anything bad happens to take us back below 1720 1670 this is going north. Flat MAs on daily chart is ticking up so be prepared. i am still waiting for a chance to ...

Only EURUSD

thanks for sharing

Planetary Cycles Trading (EUR/USD)

yup that has been completely ignored! With nfp adjustment today if it turns out really bad we may see new high really soon

Only EURUSD

will be a buy opportunity whenever we get close to the trendline until it failed! with revised nfp releasing later today, we are pricing in potentially more rate cuts so it can just continue to go up given we have already confirmed breakout yesterday ...

Only EURUSD

your sl mate? Closing the day above 1730 1745 is not a good sign for bear update: bye bear. Unless we see a daily close back below 1715-20. 1745 may be a buy if we get there

Only EURUSD