From my analysis and Those Indicator show me a chances of Rebouce
What do you Guys think about the market?
I’m definitely in a “wait and see” thought process at the moment. The EURUSD seems to have found support after that sheer drop off but at just the end of last week saw a significant rejection.
Should also keep in mind there are many high volatility events this week. It could very easily go either way with the right reaction to the news.
I am comfortable in taking smaller longs around 1.3000. It will be a choppy trading week and I do not expect too much movement until Friday where I expect the USD to get hammered.
Market goes crazy for 4days. A little hard expectation from EURUSD. The Market keeps goes upside down. I am expecting the market will go in this few days. 1.3000, heavy support, tested for 2 times. I am expecting market to touch it again.
Downtrend at the moment in the EUR/USD.
I agree, by my criteria I’m only looking for shorts right now.
Yesterday was a great movement. NICE prediction Royalblood.
NFP today, it will be crazy movement!! Take care on trading. fxalibaba
I think we are just about done with the sell-off.
I wouldn’t be too sure about it. It would be better to sell rallies at this point. Since Draghi and Carney turn to be really dovish we could see the 2 pairs go really really deep.
Different opinions is what creates markets, you will sell rallies and I will buy dips.
The important is that we keep tight stops so we don’t lose too much if we are wrong!
By Uk Market Open, EURUSD may create a ’ Down Channel.’
Here is the Great Chances for us to do a BETTER Risk & Rewards. ~ fxalibaba
How you say?
I do not place them tight, I execute my risk management and stick to it. I think having a SL too tight may be counter-productive.
Currently in the downtrend but we may see it resuming for few days or weeks and then again on long term i expect it to be bullish.
Heavy Resistance on the Top also. Becareful when Trading
EURUSD Analysis ~ fxalibaba
Current EURUSD price will do any Breakout? Or Keep Ranging?