As for the falling knife... have a look at the DXY! It looks like we have a target for the rest of the week if not today. That could correspond with 1.0070+-. image

EURUSD only

Ata, how about 1.0070+-

EURUSD only

Good that you post that pattern chart. It looks not exactly but a bit close to the EUR daily. But more important, if today the down move continues then a double top pattern will emerges that could take us back below parity. image

EURUSD only

Yeah... the initial momentum is not following through. Further, classical bearish divergence is showing up on 15min. If that stays, it feels that in around 1 h it might drop and continue yesterday's move.

EURUSD only

Yes, this takes the prior 3 candles so that is a strong signal. As this Ata, I guess you have to review your intention to buy like hell @ 1.0070 level. This can even go back to parity and beyond.

EURUSD only

Hi Ata, I guess we will get our downturn... but not exactly in the way we assumed. As always, the market will fool us in some way or another. Against our expectation he continued yesterday touching the upper line of my trumpet but now its on the ...

EURUSD only

Quite a bit busy the last days with project works... but it’s weekend so time for reviewing the week’s actions. Anyhow, I am full on Ata’s side for a number of reasons: 1) The formation is incomplete for a full-fledged bull breakup. That shall not ...

EURUSD only

Wow... what for a bounce. And again... almost 100 pips - but this time up.

EURUSD only

Not necessarily. He can use the PCE as a reason if he want... but not must. If this would be so clear then the DXY would have plunged and the EUR exploded. Remember! Powell needs ammunition for the next rate cut due to the trouble that is brewing. ...

EURUSD only

I see your last man fought hard (with some rear wind from the PCE Deflator) But, what I see the market took only the opportunity for a little rest - a bit of bounce back to balance the indicators not to stay permanent in the oversold zone. ...

EURUSD only

As I said two days ago, maybe the market wants to close the monthly bar right at the bottom.

EURUSD only

Probability is very high! So careful with the BUY button!!! EUR got lately his old time life (read volatility) back. He is usually moving on an average day 80 pips H/L. On an active day he does 100+- pips (look yesterday was a pinpoint 100 pips ...

EURUSD only

If I look at the volumes - which are relative low for this time of the day - then I think more that bulls and bears are not controlling but staying aside for the moment until the core PCE comes out in 3 hours. Except there is some underground ...

EURUSD only

Drama on the 105.00 line If this is cleared then EUR will move on down. image

EURUSD only

Please be careful! This was most probably the flush. In 5 min we have the London 10am swing!!! And a new 4h candle. We are right at DXY 105.00 - if that breaks up that will be a move! London 10am is a critical moment in a day... most of the time ...

EURUSD only

No worries, the 3 black craws will come. At the moment only a bit struggle of the DXY on the 105.00 level. But that will give way eventually after some re-alignment between the other currencies during the first 1-2 London market hours. image

EURUSD only

Well, it seems 1.0469 was already too much Hassle for the Bulls. -> on the way to 3 Red crows at Atta's chart

EURUSD only

Right, I can only advise to stay away from the BUY button (except for closing). Please look at the daily chart and learn from the past where these setups end. I cancelled the T/Ps of all of my deep green sells and pulled the S/L near. I strongly ...

EURUSD only