Low volume, high volatility, high manipulation. We had 100 pips up and down everyday for the past few weeks, are we expecting the same next week? Let’s see.
I expect the unexpected so im never surprised.:56:
You know what this thread needs right about now.
This thread needs Ying.
come out come out where ever you are!!
It’s not moving anywhere, usual Asian session ahead.
[QUOTE=“3xfx;698891”]You know what this thread needs right about now. This thread needs Ying. come out come out where ever you are!![/QUOTE]
I’m going Bali today but I’m going short sunday with max 20 pips profit only as the candles were not developing this week, going on 5 min tf
Might go long due to the stochastic and RSI approaching an uptrend position when euro session opens in 1 hr tf today
EURUSD fell on Friday session after a better than expected US non-farm payrolls and unemployment rate. The currency initially rose but found enough selling pressure to give all its gains and close in the red near the low of the day, on a narrow range day. We may see a pullback toward the daily support at 1.1097 before another move upward.
I wish everyone a profitable week.
EUR/USD formed a doji candlestick right on the resistance at 1.1180 on the weekly filter chart. I wonder whether this might be the end of the rally or does it indicate only a temporary move to the downside.
he couple didn’t make any significant move last week. The alert is neutral, possibly with slight bearish signs for testing the 1.1140 support.
I don’t think that we will see any High volatility in the market for the pair of EUR/USD till Wed after the release of the Retail Sales in US and the Gross Domestic Product in Germany.
EUR / USD closed the week to fall.
There is a negative divergence between the short-term oscillators and price action.
The RSI remained low after falling below the 50 line and the MACD is already below its signal line.
lets see how the EURUSD keeps behaving this week, but it seems like it may try to go back down.
EURUSD fell on yesterday session for the 3rd day in a row. The currency fell and closed in the red near the low of the day, on a 2nd narrow range day, showing that the downward move is losing momentum as the Greek government remains hopeful that the talks will lead to vital aid being released, which will enable the country to avoid default.
EUR/USD failed to break below the support at 1.1130 and consolidation continues. Whether or not the doji candlestick on the weekly filter chart is a signal that the pair will move to the downside again remains to be seen.
Euro reported minimal losses since the beginning of the day.EUR/USD pair attempted to consolidate around 1.1200 after in the past few days there was no clear advantage for either of the 2 currencies. For the moment, the rise of the euro is suspended and we can expect a return of the profit of the dollar, if the price falls below 89-day moving average positioned around 1.1025.
Price failed to break either the support 1.1130 and the resistance 1.1300 price is now on half way until I see a break or a rebound from the resistance and support level I will stay neutral.
EUR / USD was trading in consolidation mode on Monday.
In the broader trend, the break up of 1.1045 indicated the conclusion of a possible training “double bottom” something that could represent bullish implications wider.
That’s wise, wait for any breakout.
The 100 SMA right above current level in one hour chart shows that Eur/Usd probably will have a tough time extending its gains.