We have to test trendline breakout level at 1,3160, but only if 1,3145 is not that strong . Anyway i think after that comes a new move down to 1,3105.

EURUSD

iIts a breakout now of yesterdays up trendline, so I expect after retesting 1,3160 new lows...

EURUSD

I look forward to short at 1,3170-80, 1hr timerfame 50 fib from last downmove + 50 SMA is always a good combination. lets see if we reach this area...

EURUSD

Is getting interesting now, watch the 1hr 30 SMA, if it breaks we see 1,3150 and above, if it holds as resistance i think it will test asian sessions low.

EURUSD

Breakout of a heavy resistance, hmm i think about going short after retesting breakout level at 1,5660. What do you guys think?

Cable Update (GBPUSD)

I don't understand why there so much bulls buying today...for actually no reason, price went nicely under 1,31..

EURUSD

I watch the 1hr timeframe, a retest of 1,3103 would be nice, if candle doesnt close above i will take a short entry. I like the volume of the move below 1,31 in asian session which is as high as london session.

EURUSD

We have a high volume for asian session...that indicates that the break to the upside will continue...

EURUSD

4hr candle close below 1,3230 would be not good for bulls...

EURUSD

Looks like its preparing a new swing up to 1,3350 to me... 38fib from yesterdays move up holds as support as well as the daily trendline which was broken and now is conqurered back. Also in the daily chart we see the 30 SMA as support by now.

EURUSD

Wow big player fighting like hell , I stay beside and watch till we got a clear direction/setup. At the moment its just too much gamble...

EURUSD

My broker was low with 1,30984 ;- )

EURUSD

I just wonder why there so many buyer at the moment, it doenst really want to go down to 1,3100.

EURUSD

i think factory order data should give new direction as US Data later, in my opinion there is a need to retest yesterdays breakout at 1,3180-85 and from there maybe a whole new down run.

EURUSD

Now who gets the crown? But who knows, london is always good for fake breakouts and 12 o Clock we see german factory data.

EURUSD

Or a break of that level, which i think will happen...after yesterday the bears are in control.

EURUSD

If the 1hr 30 SMA holds es resistance we see 1,31 and lower... At this piont it looks if there is a loooot of resistance at 1,3150.

EURUSD

And the 30 SMA (15min timeframe) nicely holds as resistance as said before, now retest todays low and maybe break it or asian session lets price retrace from there to the upside...

EURUSD

watch out the 15min 30 SMA, if resistance it could attack again todays low.

EURUSD

i'm prepared to buy at 1,3175, supportline in the daily.

EURUSD