FYI, Yellen's Thursday (in US) gap up in USDX has been closed.

EURUSD

Right around 1.1200 is my guess, but I'm out of trades for now, so don't trust my own prediction. ABCD on 5 min chart gets us there. 5 minute charts after London close aren't always that helpful.....but with Yellen coming, would make sense for longs ...

EURUSD

Although they used to be separate companies & still have many separate operations, Audi & VW (& others including Porsche) are part of the same company.

EURUSD

4H trend turning bullish. 1H already bullish. Retrace back up to 1240/1282 seems pretty likely. Today I see a 1H ABCD pattern potential getting the pair up to 1.1220ish. 1H is pushing on the upper BB. My take was that market was set up for a dovish ...

EURUSD

FYI, the current low of the day, 1.1133 is the 1.272 extension of yesterday's swing 1.1255 to 1.1181 (AB leg), from 1.12075, today's high, to 1.1113 (CD leg), i.e. a bullish butterfly, which, if it works, should bring price back up to 1.1167.

EURUSD

I think you missed something. Lots of talk about extending QE in europe. Draghi could confirm that. My guess is that he says what the others have said, which was, will do what is needed, including extend. Speculation is that ECB will announce QE ...

EURUSD

Looks like next short term bounce is at 1.1109ish. Daily chart seems very bearish so expecting break of 1087. I guess Pharmor may get his 1.0999 or whatever it was.

EURUSD

Actually, I don't think market has decided on an answer yet. US equities gave me the spike up & then more down (which I didn't trade) & I got some of the up on EU before the 1H made a butterfly reversal & now completed a perfect ABCD down. So where ...

EURUSD

So bond market showing early signal of no hike, yields going down & see effect on EU, going up. Prob just a tester & returns back down before 2

EURUSD

FOMC meeting ends today/a Thursday b/c of the Jewish holiday. Rosh Hashanah. I guess some bankers are Jewish.

EURUSD

Yes I saw your post yesterday. You & I had same thoughts, I'm just higher on what you had listed as wave 5.

EURUSD

could be a nice scalp, definitely resistance there.

EURUSD

May as well bump that to 85 at daily pivot. Worked last night......but, I'm not expecting it to give much fight today. I expect today will be duck & cover time for dollar bulls, time to second guess those shorts, worry about inflation miss, worry ...

EURUSD

Does everyone else see Bids outnumbering Asks 2:1??? On mine, it's been like that for most of this bear run on EU....seems odd.

EURUSD

Looks like a run on Euro bund yields going up fast.

EURUSD

You can also take the 1017-1714 spike as an AB leg & almost get there with CD from 1087-1784.

EURUSD

Here's the squinty way to 1.18. url

EURUSD

Bollinger band. image Take a look at how often it protects price from extremes. I find it very useful.

EURUSD

Just my guess. Rate hike = equities down to around 1837, lower monthly BB. then prob more down after small bounce. EU up due to risk off, margin calls, etc. Rate unchanged = equities spike up, then more down. Don't know if down will be fast or slow. ...

EURUSD

Obviously a big week this week. I'm still looking at EU longs, expect to buy more on dips. I can squint my eyes & draw targets that hit 1.18 this week & then 1.22/23 later this year, but I'm no good at predicting the future. Today I'm looking for a ...

EURUSD