Well, Powell did not do us the favor. Only bla bla bla... But EUR has not made a new high and looks stuck. That might turn into a correction... let's see. Of course CPI tomorrow...

EURUSD only

We have to keep an eye on the DXY! He is showing signs of insecurity... of going more down. I feel that the DXY smells that Powell might be pissed again. The FED was sending out a chain of signals (last one was yesterday) that there will not be a ...

EURUSD only

I have some feeling that our 'friendly" banksters like to take the EUR up as high as possible before tomorrow US time when Powell speaks and he... probably... drops a "Mario style" whatever it takes rate hike comment. Considering that... it could go ...

EURUSD only

Well, that was a good idea to get out @ 0575

EURUSD only

BULL TRAP WARNING! The USD has done its job and looks ready for reversal. Any overly bullish sentiment should be treated with caution. image

EURUSD only

Yeah, the day was crap.... but will the engulfing candle in the 1h DXY chart give us a hint for that what lies ahead? --> EUR up? image

EURUSD only

Maybe Nagel (the Nail) will do this job... 20min to go.

EURUSD only

did you ever noticed that so many trader wearing this --> image

EURUSD only

I think we are not done yet... EUR might touch even 1.05. On the DXY weekly it shows that the USD has some unfinished business... the green line (51EMA) has to be touched. After that EUR will have another wave down as Js3mwtRc here noted. image

EURUSD only

The knee jerk was because of a political drama... and you know they are usually short lived. Hopefully

EURUSD only

European news have little effect on Asia, but American do!!! yen unwinding is in the waiting and that will charge the EUR. I would be saying be careful - in both directions.

EURUSD only

that indicates that we will continue up (after trying to close the gap of course)

EURUSD only

welcome to the club anyhow... how you can think about long term trend change when the light goes dark and Europe goes back to the middle ages? Be careful! My friend just told me that some of his Firms in Germany are advising ...

EURUSD only

They have to understand that the economy will not be crashed by 0.75% or 1%... but surly will come nosedive down due to NO GAS!

EURUSD only

Yes, there is a good possibility. Eyes on next week CPI!!! If the ECB hikes 0.75% and the CPI comes in low (which can very well happen because the Oil price has come down quite a bit) the expectation will emerge that the FED may only raise 0.5% on ...

EURUSD only

One part of the current EUR bearishness was build on the inability of the ECB to act. So, if the ECB really puts a +0.75% raise on the table then I expect EUR shooting up beyond 1.01 with a more distant target of 1.0350. But after that... well I am ...

EURUSD only

Hmm... maybe if you turn the magnet 180 deg around then he might pull stronger but I guess he will bounce off the green line first. Brainard could do the trick image

EURUSD only

If whoever pushes EUR back to 1.07000/1.09000 before the winter, I will go full Soros square... selling my last shirt to go EUR short.

EURUSD only

It looks like another bear flag is in process. And as I mentioned before it seems the flag has to have min 8-9 or more daily candles before the next leg down occurs. So, tomorrow could be a trigger, or next week Powell or ECB meeting...

EURUSD only