Brexit results are imminent so there is quite some gap risk now. Media sees a deal very likely now, meaning it could spike to the upside. So I would be careful with shorts. Of course, if there is no deal again it will gap down.

EURUSD only

Falling wedge. But now it depends on Brexit outcome anyway.

EURUSD only

Most probably liquidity is quite low these days and brokers use this to generate volatility in order to eat some leveraged longs. Fundamentally the picture is still bullish, also a Brexit deal looks to be in sight now. However, there is a real known ...

EURUSD only

nice one

EURUSD only

Hey Ata, can you please share the resistance level of your upper line?

EURUSD only

Does anyone have good resistance levels for today? I have 89.75 für DXY support, but in EURUSD the next one I find is 1.2294 and maybe the current level.

EURUSD only

Hey mysterio, I fully agree about the upper resistance line you drew, this one will be hard to crack. Just wanted to ask why you marked the 1.22603 level and what it means.

EURUSD only

Here is the breakout, not sure what took so long. Guess the brokers have a system to trick other algos causing such a delayed pattern or so, I don't know. But now we will get the PMI shortly.

EURUSD only

That would be the safe haven move I was referring to as unlikely or short lived. Because when it is all about fiscal and monetary stimulus then bad news are good news, as they lead to more stimulus unless they are very very bad, which is not the ...

EURUSD only

Sure I know the principle of buy the rumour sell the fact. However, I think this was still a negative surprise. The morning spike was due to the Eurozone numbers. Sure the general bull-run of the last weeks was due to US weakness and the expected ...

EURUSD only

Not sure why it goes down, these numbers should support a bull flag breakout to the upside. We had strong Eurozone PMIs this morning and weak US retail sales now, this should definitely weaken the USD, in the current situation a safe haven move ...

EURUSD only

Bull flag, next support at 1.2182

EURUSD only

Rising wedge broke to the downside as expected.

EURUSD only

Rising wedge on M60, strong likelyhood of breaking to the downside. I am not sure where this shall go because we just broke out of a bull flag, but it might head back to 1.2085 - 1.2100 area where the bull flag resistance line and a strong upward ...

EURUSD only

Barnier tells envoys a fish compromise could see deal this week

EURUSD only

We start the week with a potential breakout of the bull flag which developed over the last seven daily candles. The FOMC will be under pressure to finally deliver the long awaited macro based QE guidance this week, which would put the USD under ...

EURUSD only

Amazing how it does not want to touch the 1.21 big figure.

EURUSD only

Current formation since todays high is a well defined falling wedge, which will most probably beak out the upside within the next two hours before touching 1.21.

EURUSD only

Broke out to the upside as outlined.

EURUSD only

You drew this as a double-channel, but I reckon it is just a bull flag which will break-out to the upside (just the upper channel of the two you drew).

EURUSD only