Just sold another 30% of my long position @1.1890, 35% still open. Think this is a strong resistance, might try a scalp.

EURUSD only

...which came overnight

EURUSD only

Guys, equities crash and EURUSD increases. No USD save hafen plays any more? Points to a big rally ahead (still long 75% of initial position).

EURUSD only

What is the green line showing?

EURUSD only

In my analysis the next technical stop is 1.1880 and this would actually complete the wave (upper channel resistance). It's amazing that the market seeminlgy just went through this ultra long resistance line coming from 2008 which many traders were ...

EURUSD only

Seemed to be technical, there was no relevant news after the US numbers. EDIT: Now I read that Trump wants to delay US elections, not sure if this was "new" news, but it seemed to be spread around the time of the spike.

EURUSD only

Sorry, but your statement is a little bit cryptic to me. You mean the FED wants a weaker USD? And you mean the market should appreciate this by shorting the USD?

EURUSD only

However, he talks a lot about inequality which increases the impression that the FED wants to base its forward guidance on the unemployment rate. And this would mean low rates for a very very long time, although it is not an explicit forward ...

EURUSD only

Powell explicitely said that the current policy stance is fine, i.e. no hints about any additional forward guidance, hence EURUSD drops like a stone. If he does not add anything particular dovish in the remaining Q&A this might herald the start of a ...

EURUSD only

Nice, so they can all get squeezed to keep the trend going

EURUSD only

The three declining tops of the last three days look like skidmarks. Could be a first bearish sign.

EURUSD only

Sometimes on dovish FOMC days the EURUSD makes a new high and turns early around noon (buy the rumour, sell the news). This time the market expects at least some hints to a data based forward guidance or to some kind of operation twist. If the FED ...

EURUSD only

Ok but this is potentially very very long term. Physical flows are happening right now.

EURUSD only

This article is shitty. It is a desparate attempt of a dollar bull to explain why the market is wrong. No mentioning of physical flows turning as cheaply priced areas like the eurozone suddenly look attractive. Additionally no mentioning of euro ...

EURUSD only

Just sold 25% of my position which I have been holding since 1.0820. Just to log in some profit, but I actually think it will edge way higher.

EURUSD only

Will you only close this on the basis of a rolling stop loss or do you have a target in mind?

EURUSD only

Think the market is right now forming a descending broadening wedge with higher chances of a breakout to the upside. EDIT after 25 mins: Breakout just took place.

EURUSD only

image

EURUSD only

Personally I think that we will reach 1.1835 tomorrow before a rebound to max 1.16 will take place starting Wednesday noon. That said, the 1.1730 is also a strong resistance in my analysis, however, we made 4 cents from the breakout at 1.10 before ...

EURUSD only

Anyone shorting at this level or are all short sellers in waiting mode for now?

EURUSD only