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johncen replied Aug 6, 2025we have had similiar levels on the chart! Bull momemtum looks strong after breaking 1586. No sign of bear yet
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johncen replied Aug 6, 2025i am also thinking of what could move the market out from the current range: - trade tariff - is the new rate effective from tomorrow? - trade talk US-China - has the deadline of 12 Aug extended? - CPI next week - Trump’s nomination - Fed ...
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johncen replied Aug 6, 2025hehe my initial plan is bear will kick in from here but have in mind that it can go higher to 1620 but anyways my view is bear should take us lower. Just where to start
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johncen replied Aug 6, 2025yea i guess the pair needs a bit of push… its above my trendline so bull has the upper hands, just need to close above 1586 to go higher
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johncen replied Aug 6, 2025bull has upper hand while above 155x though but bear might be waiting above
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johncen replied Aug 6, 2025wonder if we can go that deep. Or mayb up first then if bear kicks in
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johncen replied Aug 5, 2025checking usdx if 98.6 unable to hold and we have a break down there are 98.46 98.3 lining up below so there is not much room at this stage. with ma all start going flat another big move is near. I just dont know which direction
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johncen replied Aug 5, 2025yea i also have that on my chart with max extension to 1710 (maybe a wick) we might get better signal pre London but this is looking more likely after a retest to 1530 area yesterday (we didnt get 1519)
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johncen replied Aug 5, 2025We once again rejected near 1585 level. Whats next? Can we start heading south?
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johncen replied Aug 5, 2025i dnt know its ranging but about to close the day on the bull side. Which i have up to 1710 if 1620 is unable to hold. We will just have to see how it develops.
The Swamp
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johncen replied Aug 5, 2025back at key resistance area! Maybe more ranging it is starting to close above one of my key trendline so its not looking good for bear especially we are above 155x but longing here ahead of key resistance 1580-1620 is not ideal. i have been waiting ...
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johncen replied Aug 5, 2025hmmmm we went back above 1556…. So mayb a break out to further north or ranging continues
The Swamp
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johncen replied Aug 5, 2025there is not much momemtum, we have to be careful as bull may kick back in to drag us back in the range or even go higher!
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johncen replied Aug 5, 2025no news to actually move the market so yea…. Maybe have to wait for PMI. or we spend the whole week ranging
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johncen replied Aug 5, 2025ah good to know so if we are unable to close below, bull could bounce from here also! Let see!
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