On the bigger picture (daily chart) it’s quite clear that EURUSD is still in a downtrend. The only question is how much further it can drop before we get some kind of counter-move. Technically, it could easily extend the move down toward the lower ...

EURUSD only

Long at 1.1571 - even though I closed my short to early it reached my tp.

EURUSD only

Okay, I have now closed the short position because it made a higher low on the hourly chart and there is no downward momentum. Now I am flat and just watching. Given the price action, I think it is quite possible that they want to push it up in the ...

EURUSD only

Set stop at BE just in case otherwise will look for closing it between 1.1580-60 and going there for a long scalp. That's my plan for today.

EURUSD only

Okay, understood. Anything is possible, but that would require a positive response from the US, which I very much doubt. The US has stated unequivocally and with absolute determination that the regime must go; there will be no half measures. That is ...

EURUSD only

In what way the opposite?

EURUSD only

As a rule, when news is insubstantial, such as in this case, prices always return to where they started as happened with yesterday's news. In this case, it would have to fall back again to 1.1595 and then reassess.

EURUSD only

Another Iran headline just crossed the wires suggesting Tehran would be willing to abandon its nuclear program in exchange for a “lucrative offer” from the United States. The headline briefly pushed EUR/USD higher which I used as an opportunity to ...

EURUSD only

Short at 1.1639 - I explain later why.

EURUSD only

During the night, or rather during Asian trading, the EURUSD fell from its daily high of 1.1648 to its current daily low of 1.1588 and is now trading around 1.1610. That's another 60 pips that I didn't get to see, as they were made while I was ...

EURUSD only

Yes, because there is some resistance there and because of the overall bearish situation and the negative geopolitical mix for the eurozone.

EURUSD only

Closed all longs, now watching only. If it goes up to 1.1660-80 which now I doubt minute by minute I would short there. What I would like to see is another dip to 1.1570-60 to see whether a bottom can be formed there or not. Given the current ...

EURUSD only

And you believe that the euro has the substance for an increase? Every hour, there is more bad news that is particularly devastating for Europe. Here is another example: on Tuesday, a Russian gas tanker was attacked by Ukrainian sea drones in the ...

EURUSD only

I expected a rise to 1.1660-80 if the zone around 1.16 holds, which I posted this morning and which will soon be reached. Nevertheless, I believe that it will end again at 1.1660-80, and I will then take a short position again. Why? Because the rise ...

EURUSD only

Wrong, the old regime is still in charge and calling the shots, even if they have installed new leaders who are even worse. As long as the people do not overthrow this system and bring about a new democratic order or whatever, nothing will change.

EURUSD only

Would love it too though will never happen with the Mullahs!

EURUSD only

That's why the spike: Iran operatives made offer to discuss terms for ending war: New York Times! Will never happen with current regime therefore fake!

EURUSD only

Now that things have calmed down a bit, albeit with caution, the move could continue in this direction. If EURUSD can stabilize around the 1.16 area (H1), I see good chances that it could start moving higher from here. For that to happen, it must ...

EURUSD only

Same here; If you’ve read my posts, you’ll know that I generally prefer being short EURUSD — for exactly the reasons mentioned, and more. However, I still make a distinction when events like these occur, because it becomes very difficult to identify ...

EURUSD only

If you’ve read my posts, you’ll know that I generally prefer being short EURUSD — for exactly the reasons mentioned, and more. However, I still make a distinction when events like these occur, because it becomes very difficult to identify rational ...

EURUSD only