market is slow before Powell but we broke out of that steep channel so it increases the chance of going to 1620ish to wait for his speech. Market might get volatile as he speaks and may go up and down while judging every singld word. To protect fed ...

Only EURUSD

yea we are testing upper band of that steep downward channel and if breaks should revisit 1620 i think 1582 should hold before Powell and we will be trading between 1582 and 162x

Only EURUSD

all up to Powell i guess, before that it may limit any move (either up or down). 1582 daily s1 seems holding for now but London is about to open so let see. We could retrace from here to 1620 or 1560 first.

Only EURUSD

I think we will get there. Just not sure if we will get there in London or later when Powell speaks 1590 could bounce too but if sell pressure is strong maybe not

The Swamp

eu under pressure for sure. We are in this steep downward channel if we break below support we wil go further south to look for the next support. am not sure if we will see same pattern as earlier days this week, london will see some upward ...

Only EURUSD

hawkish tone from Powell kinda already priced in but yea at key support now and wonder if we will go back to 162x or break towards 155x next there are support near 1570 as well

Only EURUSD

1366 by the end of the month will be amazing!

The Swamp

Yea i have mixed signals maybe because of the consolidation over the last 2-3 months, some indicators maybe lagging but i think bear has a shot. if back above 1714 then void 1556 critical which bear needs to go below as a confirmation of a trend ...

The Swamp

bear did well at last with much better than expected PMI data. But still it didnt complete the usual daily range of a 100 pips. Market waiting for Powell maybe we will see a 200pips move. Just not sure which direction for now 1600 is supporting and ...

Only EURUSD

finally! Welldone bear! 1662 managed to hold! we need Powell to be hawkish tonight to achieve this

The Swamp

Feels like the trendline may not hold the bull

Only EURUSD

Dont think the trendline is gonna hold so i guess we will go higher

The Swamp

if above 1662 i guess it may go to near 1690 but yea 1682 is critical 1662 should hold!

The Swamp

For the last 2 days Asian is sell, London buy and NY sell. today Asia was ranging with a dip at the end (pre London), London is buy so far and let see if the pattern continues between the downward trendline and 1620 there is enough room for pa to ...

Only EURUSD

Critical hour to watch! At least it needs to stay below 1649

The Swamp

its not pretty~ back to square one but let see

The Swamp

if Powell is dovish tomorrow i hope he stays hawkish, no decision made and will based on data. euro didnt push higher at better than expected euro zone PMI, let see how this develops. i m watching from sideline for now ...

Only EURUSD

162x is usdx near 98.50 is a strong resistance area for usd bull. this hourly candle looks ugly for bear fingers crossed! else it might go to 1730 again!

Only EURUSD

back to the battle ground! I wonder if the trendline can hold the bull this time

Only EURUSD

first news is not in favour of bear

Only EURUSD