At the moment we are banging walls inside upward channel but RSI is not supporting the move fully. So, with stochs being overbought in intraday lower timeframes and gold being capped so far, i expect further downmove. May come along news, rangeing ...

EURUSD

Looks like there is about to happen retrace in gold and commodity currencies which rallied against usd today (audusd/usdcad). Usd is getting stronger across the board. I see more downside than upside coming...

EURUSD

Swiss intervention or something on eur/chf and usd/chf

EURUSD

I wonder if cable stays afloat above 1.6000.....it will take eur/usd with or likewise. Hey, its a weekend, who wants to Lotto? But we usually see retrace after this big drop.

EURUSD

Finding entry for long... Waiting gold to drop a bit first.

EURUSD

Eur/usd is stuck in the middle of the upward channel with +/- 10 pip spikes both direction once in a while (around 1.3960), needs good timing and accuracy from scalper. Right now gbp/usd looks better to trade.

EURUSD

Hmm....failed (?) bear setup -> becoming bear trap (5 min tf) ? Will see in 5-10 min.

EURUSD

Well, not much news for action...as yet.

EURUSD

Heh, looks like EUR is set up to drop if the news are not favourable....so watch out

EURUSD

Next short at 1.4000...for intra-day ....in case 1.3985 is not strong enough to resist even though it puts up a fight and unless gold drops. Upper trendline of the triangle have found some support with 23.6% fib. 38.2% (1.4017) fib would be probably ...

EURUSD

Might go lower....looks like another, deeper channel comes into the play. Elliot wave gurus could give approx target...we are in 3rd wave now?

EURUSD

Bulls try to crawl up the ladder into the channel......which leads down anyway Well, bears doing better right now......gotta go to sleep, good luck with trades.

EURUSD

If they punch through this, there will be further retrace upside ofc. But its gonna be a fight i think and i doubt it, bears are getting fat

EURUSD

Another drop should occur in 5-10 minutes if not sooner. Might hit lower trendline of declining channel at 1.3940-45.

EURUSD

Well no momentum and strength upside, closed long. This comes down as soon as 5m tf gets overbought.

EURUSD

I am long at 1.3921.....might drop some more but staying above 1.39 till London opens. Well, anyway it comes back to say hello...usually

EURUSD

Bears need some help, gold is not moving, supporting at 1082...what you need? Crude oil is the answer....lets see if it drops some.

EURUSD

Better wait for the last thrust from bears to go long...

EURUSD

You shorting those pips?

EURUSD

We should see a drop soon, say 5-10 minutes, 10-20 pips at least. I look at 5 min timeframe.

EURUSD