That’s exactly why I hate politically driven markets of any kind. Economic data, technical analysis, and other “normal” market factors lose their relevance. Some participants panic, others stay calm and in such an environment, proper price discovery ...

EURUSD only

This is likely the decision point whether we now see a rebound toward at least the 1.1660–70 area or a continuation lower. I have no clear edge at the moment and am just observing. However, given the extremely oversold conditions, a short-term ...

EURUSD only

I closed all my shorts, now flat and waiting.

EURUSD only

At the moment, both psychologically and factually, the vast majority is short EURUSD — myself included — but that’s exactly what makes it dangerous. When everyone is positioned on one side, it can quickly reverse, simply because there’s no one left ...

EURUSD only

The 1.1710–1.1690 zone was clearly broken to the downside during the Asian session, with a current daily low at 1.1651. As a result, that area now acts as a resistance zone. From a technical perspective, the pair is currently in oversold territory, ...

EURUSD only

If it holds above 1.17 for the next hour I'll try a long scalp, tp 1.173x.

EURUSD only

The 1.1710–1.1690 zone (green box) seems to have held for the second time for now, with the current daily low at 1.1697. But the day is still long and uncertainty remains elevated. If the zone holds, I’d expect a rebound toward the 1.1760 area, ...

EURUSD only

In the 1.1710–1.1690 zone, a temporary and relatively short-term bottom could potentially form. One could attempt a long scalp there, but as mentioned in a previous post, this environment still resembles more of a lottery. Nevertheless, it might be ...

EURUSD only

As expected, EURUSD is declining due to the war in Iran. However, over the coming hours, days, and possibly even weeks, price action is likely to remain highly erratic. Meaningful price discovery will be very difficult, as even minor headlines from ...

EURUSD only

Well, there we have it: the US and Israel are striking Iran. The big question now is what impact this will have on EURUSD. It will largely depend on the level of escalation and the knock-on effects. I hate politically driven markets, too much ...

EURUSD only

Over the last three days I hardly had time to watch the market, as I had other work to take care of, and in such cases it’s better not to watch at all. Now I can observe again and see that price has mostly moved sideways since then. I don’t know if ...

EURUSD only

In short: That's what I'm expecting, a retest of the zone 1.1740-20, 'cause of the lower highs and lower lows made in the H1 chart. Update: Only if it rises above 1.1805 I will reconsider.

EURUSD only

I understand you completely, but what one must not forget is that we are trading the dollar versus the euro — that is, the dollar area versus the eurozone. If you follow a fundamental approach, you should always take that into account. It’s not only ...

EURUSD only

Here we are now: Monday’s gap has been closed and it is currently trading around 1.1780. Will this now become a bottom formation, or will it turn back up again? We will see, but I assume that, if it does turn higher, it will at most rise back to ...

EURUSD only

Good morning. Hmm, an interesting setup, as EURUSD started the new week with a relatively large gap and, during the Asian session, more precisely in the first hour, already covered almost the average daily range up to 1.1834. The gap acts like a ...

EURUSD only

Completely unexpectedly, the U.S. Supreme Court has declared Trump’s tariffs invalid. Okay, if Trump’s tariffs were responsible for weakening the dollar throughout last year and into the beginning of this year, then the exact opposite should now ...

EURUSD only

EURUSD reached the 1.1780–90 zone today, even if only for a few seconds, and then dropped again. Since then, it has been trading between 1.1750 and 1.1770 the whole time. Neither the bulls nor the bears seem to have any real strength, or they simply ...

EURUSD only

It is becoming increasingly difficult for the bulls to push it back up to 1.18, as one can clearly see. I’m still waiting, even though I’m very tempted to go short already. Nevertheless, it is still oversold, so I continue to stay patient and watch ...

EURUSD only

Although it is strongly oversold, I don’t want to go long and would rather wait for a rebound. But if everyone thinks the same way, then nobody goes long and it could fall even further and become even more extremely oversold. Given the fundamental ...

EURUSD only

Short-term as well as medium-term it's quite oversold. I'm waiting for a rebound to go short again, no rush.

EURUSD only