Long at 1.1659

EURUSD only

From a technical standpoint, we’re now stuck in a pure 50/50 environment neither the bulls nor the bears have control. At the moment, the odds slightly favor an upside move, but overall the balance remains very even. For that reason, I’m focusing on ...

EURUSD only

Okay, 1.16497 marked the day’s low. If price doesn’t push any lower from here, that would qualify as a successful test of the 1.1650–1.1630 zone, which has held. In that case, I’d look to switch to the long side. For now, though, I’m still waiting, ...

EURUSD only

I’ve closed my short at 1.1655 for +24 pips. Given the potential for erratic price action, I prefer to stay on the sidelines for now and decide on the next move later.

EURUSD only

There isn’t much to add at the moment. I’m still expecting a test of the 1.1650–1.1630 zone and a base to form there before a meaningful upside move can resume. So far, price has held the day’s low at 1.1653, but it hasn’t really turned yet. For ...

EURUSD only

Good morning, if 1.1650 holds I'll close my short from 1.1679, stop at BE.

EURUSD only

Since price failed to hold above 1.1680 let alone push to 1.1700 and beyond, which was foreseeable, I went short at 1.1679 with a stop at 1.1686. At this point, price needs to at least test the 1.1650–1.1630 zone (yellow box H1) and form a ...

EURUSD only

If price fails to reclaim and hold above 1.1680 within the next hour, I’ll look to go short. I believe the downside process isn’t fully completed yet and that the market still needs to build a clean, solid base before any sustainable upside move can ...

EURUSD only

Got stopped out at BE, no loss. Now waiting for reentering short in the zone 1.1710-20.

EURUSD only

I agree with you, Ata, that the bulls’ target could be the 1.1745 area. In principle, I was expecting a rebound and remain more on the bullish side as long as price holds above 1.1635, given how oversold the market was. That said, this rally from ...

EURUSD only

Set stop on BE at 1.1690, I don't trust it yet.

EURUSD only

The first potential target at 1.1680 has been reached, and the second possible target around 1.1700 could still be tagged, as there isn’t much left before this overly aggressive rally starts to correct. It’s extremely rare to see such a dense ...

EURUSD only

Took a first short position at 1.1690, 38.2 % retracement done from the down move since 1.1808.

EURUSD only

Closed longs at 1.1678 for +34 pips gain. Looking for short entry now.

EURUSD only

Set the stop of my longs at 1.1660 for a secure +16 pips gain.

EURUSD only

Candles like this are usually retested or corrected at least by half or two-thirds to validate whether the move was sustainable, especially when it was printed during the Asian session. Price doesn’t necessarily have to make new lows or retest ...

EURUSD only

You wake up on Monday morning into the new week and price has already made a strong daily move. I stick to technicals and can only say this much: political markets have short legs and this overnight rally clearly shows that. For me, this move lacks ...

EURUSD only

The zone around 1.1620 could be tested again, or price might even push lower. The day is still long (yellow circles on the M15 chart). If not, even better.

EURUSD only

I agree with you to the extent that one should not throw good money after a losing position. However, the key difference is always when you enter and for what reasons. I usually start with a small initial position once technical extremes are reached ...

EURUSD only

Added at 1.1626 , average now 1.1644

EURUSD only