Shorting 5m tops on eur/usd but USD has been kind of weak today so far, look at usd/jpy, heavy shorts.

EURUSD

Rangeing becomes to an option because it did not break down. Waiting news effect to wear off.

EURUSD

A bit critical now considering CHF because if CHF weakens in general, USD is close to break it upside and eur/chf can still go up without breaking stops etc. This is intraday.

EURUSD

This the move now, dont know though if its strong enough to break but clearly aims for 1.2780.

EURUSD

Next sell wave will occur when eur/gbp and gbp/usd are in sync and both are in overbought in Stoch (5m tf) or very close. Quite soon actually, just letting eur/gbp to rise a bit.

EURUSD

Oh yes, they were on plus

EURUSD

Bad news for US most likely means we are going down but will see... Europe stocks are on + now but bad news will stomp DOW down, that wont help EUR.

EURUSD

Sentiment is more bearish than bullish even though German GDP was good news. Bulls are having hard time of getting close 50% of last swing and everytime when buying occurs, there will be hard sell against it. (1/5m tfs) So i think if this continues ...

EURUSD

Hm hm, does it look like a fake breakout try to downside?

EURUSD

Better wait for Asia? I just shorted that little bump at 1.2831-35-38 3x standard lots. Always fun, when one kind of knows looking at PA that it cant push it further up, too much resistance and lacking volume.

EURUSD

When DOW opens, it might be red 3 digit day today and EUR will drop swiftly.

EURUSD

Here it goes...

EURUSD

For me it looks like a wait for eur/gbp to be shorted (with rest). Gbp/usd and eur/chf cannot punch upside and usd/chf is supported well. This is how it looks right now on 5min tf.

EURUSD

Next stop looks like 1.2780, its 50% fib from swing 1.3686 down to 1.1875 Few pips +/-

EURUSD

Eur is on the verge to drop when looking at crosses. Better not to long here. It wants to go visit 1.28

EURUSD

Yes, a bit up right now looks possible. YEN crosses are in sync, CHF crosses are supporting more EUR and eur/gbp is also supported and gbp/usd not dropping much. Looks like building a base here. But then again, accumulation is pointing a bit ...

EURUSD

Stocks (DOW) are getting beat and might be a breakout try or then failed breakout. But who knows...

EURUSD

I dont know if its stops there, that is the point where to watch next move. Yup, around 1.2947-55 is bigger resistance. Maybe Stochs that time could give some indication as well.

EURUSD

Price will most likely pull back up to 1.2927-35 where is next significant accumulation of shorts and there likely goes 50-MA on 5min tf when we get there.

EURUSD

Fear, fear and fear. Nothing new about rumours that there might be double-dip, i guess we see retracement.

EURUSD