I would actually draw the resistance line a bit higher, because the way you drew it you cross several candle bodies. If you adjust this the resistance is rather in the area 1.159 - 1.17 so it has not yet been reached. This resistance will probably ...

EURUSD only

Here it is, nice blow up! Getting ready to reach my long awaited target between 1.158 and 1.17. ... Currently I think I'll go for the 1.1660 area.

EURUSD only

I disagree with you. Traders might have positioned themselves long ago, but this does not mean that the news will not impact the price anymore. The direction of least resistance is now upwards because political risk associated to the euro have ...

EURUSD only

If you think a sideways move means that the event is priced in check how the market reacted after Macron defeated Le Pen in April/May 2017. After an initial jump EURUSD traded sideways for a few days before starting a long term rally. Such news is ...

EURUSD only

My preferred scenario is that we climb back above this upper black line shown by Ata.

EURUSD only

Any dutchman here who has planned holidays in Southern Europe this summer? It will be fun..

EURUSD only

The hesitant rise is a trap, so it can rise overnight when most players are spleeping or whatever. ;P American investment banks must be loaded with EURUSD longs.

EURUSD only

This will most definitely go up, get ready for the blow

EURUSD only

Btw “There are widespread reports that a number of leaders have booked their hotel rooms in Brussels for another night raising expectations that the summit could be extended to a fourth day through Monday.”

EURUSD only

My opinion: (1) Deal today or tomorrow = euro will rise to at least to 1.158 before the next correction might loom and will probably edge beyond 1.20 later in the year (2) No deal for now but another final summit next week = euro might fall one cent ...

EURUSD only

Seems as if the summit outcome will be announced after the beginning of the trading session.

EURUSD only

If they really made a deal this would be a realistic opening price indeed. Looks however that Holland wants to screw the party, so there might be another meeting necessary in July.

EURUSD only

So sorry to hear this. I feel with you man, god bless her!

EURUSD only

You can call it exhaustion but the market is waiting for the outcome of the eurogroup negotiations of Friday and Saturday. If this goes really wrong there won't be a cup and a handle anymore. If progress looks good enough for a deal to be closed in ...

EURUSD only

Well as a day trader you can also use this formation by rather buying dips than shorting spikes.

EURUSD only

In my analysis 1.1334 is a strong support/resistance - we are at it right now. In DXY the next stop should be 95.39, then 94.32 or even 93.59. Any of those could trigger a sizable correction, but I think at least 95.39 will break. In EURUSD I would ...

EURUSD only

If the EURUSD keeps rising higher from the 1.1370 I could imagine that many traders would not dare to go long, waiting for a dip. And doubt is what keeps the rally alive. At least I wish so..

EURUSD only

I reckon that a breakout above 1.1370 will trigger a quick move to the range of 1.1590 up to 1.17. These are several very long term resistance lines. I attached a chart with monthly candles, but you can check it with daily candles. Those lines have ...

EURUSD only

Next resistance above 1.1370 would be 1.1413 according to my trend lines. I also keep my longs, ultimative target remains between 1.16 and 1.17.

EURUSD only

Can't believe that we are again around 1.1310. A second close above this threshold would confirm bullishness for Monday in my mind.

EURUSD only