Thread: EURUSD

Be First, Be Smarter or Cheat ...

Eur/Usd is sideway trading after broke below 1.20 support, and found new support zone around 1.9000/1.9010. The pair remains under a lot of pressure, it might continue further on the downside after the consolidation.

EURUSD today is really on a divergence mood. At 4H time frame make stochastic indior to 5,3,3 format and check the divergence from the pin bar candle may be go up but not today. Still in the transition period .

Manage to have a SHORT on EURUSD @ 1.19759 with SL adjusted from 1.1978 to 1.1960, TP 1.16. Gonna take a breather with price alarm place at 1.1930 which when triggered will probably correct SL again. Nevertheless, net 12 pips for Monday when this place closes. Happy trading everyone...

The USD was slightly weaker against its most important counterparts for the majority of the session following the combined US jobs data on Friday. This provided a moderate support to EUR/USD although briefly slipped under the 1.1915.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1960-70 (0.421 BLN), 1.2000 (0.987 BLN), 1.2040-50 (0.764 BLN) and 1.2090-1.2100 (0.418 BLN).

Last Friday managed to close my next goal @ 1.1915 (2018 non). Now looking to buy, but waiting to get a double bottom to get a quick day commerce toward 1.2031 until it leaves another leg down. Risky but attainable.

Nothing changes after bull loss control temporarily ( a yr or two) bear to demone its strength towards close previous low or even a new one if possible ( not expecting any in eu , oil though but in gold gu potential)if possible . So whatever ranging pressure remain down as last leg upward / settle /neglect supposedly good multiyear bull to begin. Take good care of

EU without Greater High.

Regardless of the movement from 1.25 to 1.19 market sentiment havent increased much, so I would not expect additional USD appreciation
http://www.marketsentiment.eu/Data/EURUSD

Present low is 1.19 11 We approach a meningful low soon
Long and 1.19 02 IF seen....