Question now looks like will it break 1.1750... going to move sell stops up and eventually hit a downswing at some day. Haha! In my book, was not a good setup and waaaay to long into the cycle to LONG, but I play long term so...

EURUSD

Watch 1.1660... if it gets solidly below that here again could be intense in my opinion.

EURUSD

Wow, watching HEAVY selling it looks like on the 1 MIN. Heavy volume came in against it going higher it looked right now. Soros? haha. I could be wrong, but looks like some large bear is pissed that it got over 1.1700. haha

EURUSD

In my quick calcs, 1.1660 was where to get in on the re-trace. That was 40% down from the high of the initial jump... So I'd say watch that as it works in the next near term. If it breaks down and back through there, bad sign for BULLS. No position ...

EURUSD

Now I suspect that 1.1750 would be the highest to see today... but who knows I suppose let's see...

EURUSD

Yeah, that was the cause: url The "technical reason" though is that they are running out of crap to buy, right? Haha

EURUSD

Looks like still watch if it can get below 1.16430 IMO. Sitting above that support at least at the moment...

EURUSD

So the big question is... is this going to be a LARGE reaction and VOLATILITY, or do you all think it will be less? Just your opinion on the level of VOL regardless of direction up or down.

EURUSD

Looks like the spike above 1.16430 was someone's quick bet on a DOVISH FED driving this up further... right? haha.

EURUSD

Small Euro spike UP. US home sales rose in June. Funny that this causes a spike up - probably did not but wanted to comment anyway. REUTERS: "The housing market is being constrained by a dire shortage of properties, which is keeping home prices ...

EURUSD

If it keeps around these levels, 1.1595 still appears to be the battlefield between LONG and SHORT signal that is setting up during the FED meeting... Looks like 1.16430 is where it should SIT BELOW for now prior to the FED release... I'd be ...

EURUSD

Today if it drops on the FED, I expect that these levels will be challenged: ON SHORT SIDE: 1.1595 1.1540 1.1517 *I'd be surprised to see it any lower than 1.1517. ON LONG SIDE: I'd expect any max move to be to 1.1750. *I'd be surprised if it could ...

EURUSD

I'd expect it the price could/will be around there or at 1.16370 tomorrow before the FED meeting... and that then we need to watch the 1.1600 level. Right? Anyone agree?

EURUSD

BIG BUT: from my news flow, it looks like people are starting to realize that ECB balance sheet reduction starts in 2020 at the earliest...and that is still somewhat speculation. While we are seeing that the FED is actually doing it this year/soon. ...

EURUSD

I expect it should stabilize at or above 1.1637 - that should be strong support. Prior to tomorrow's meeting, I'd expect it will do NADA from that level before the FED.

EURUSD

Are you trading SHORT? Probably because a high print should have you short. I think that might have put a cap on 1.17000 until tomorrow but who knows at this point. haha. Bet the market starts to think/worry that the FED is going to be more ...

EURUSD

Shouldn't consumer confidence be a lagging INDICATOR? Haha, the US consumers are fuc%^wits right? Wonder if it goes down because of the high print of that... I'd think we might revisit 1.1750 tomorrow during FED, but should be between here and ...

EURUSD

I'd say there is no news flow for this and it goes back down to where it was until tomorrow. I think the push to 1.175 will be what is in store for tomorrow personally/possibly. I'd think then it would be looking very "toppy" and would stabilize at ...

EURUSD

Because the ECB is doing balance sheet reduction in 2020, while the US Fed has already started. Everyone knows that means the EUR should be stronger than the USD. *in case you do not see, this is sarcasm.*

EURUSD

Haha, EUR should be really stronger than the USD guys: DOW JONES: "DJ ECB May Start Reducing Balance Sheet from 2020 -- Market Talk 2017.07.25 15:16:08"

EURUSD