In my opinion, fundamentals definitely influence valuations in the long term (weekly-monthly scale) - and that involves change of real positions by hedge funds and market makers. It does not happen on any news release, those only create speculative ...

EURUSD

Why? Are you trying to calculate pivots for next week?

EURUSD

I am officially bored waiting for direction on E/U - to the point that I entered short trades on AUD/NZD Quite an interesting pair, by the way

EURUSD

That is because there is no clear direction for EUR/JPY - and there is no level of importance at 129.00 the play is between the daily PP (128.60), daily R1 (129.83) - and since they are so far apart, the halfway between them. So, good entries are on ...

EURUSD

It is also the middle of BB on 1-hr - that's where it bounced from

EURUSD

Good point, but I am not claiming a strong move north - merely a test of the daily PP. On 4-hr candle it looks like a tail. EUR/JPY meanwhile is approaching daily PP (and USD/JPY is headed to R 0.5 now)

EURUSD

It's been a long wait, but these longs are have finally started to move in the right direction. U/J has just crossed the daily PP, and I am safely riding EUR/JPY long to its daily PP, and a little less safe E/U to its PP

EURUSD

I expect euro to travel to the daily PP (1.2909) or 10 pips short of there - before attempting to reach 1.27's. The lower BB on the weekly will provide a strong turnaround reason there I am long EUR/USD @1.2856 for this retrace Also holding EUR/JPY ...

EURUSD

I am out of E/J long - the entry was too early, S1 has not held on 1-hr candles

EURUSD

EUR is being firmly supported by the daily BB. Even if it manages to push lower, it will bounce back like a spring. We are in for a range trading on the daily scale, will be an enjoyable week

EURUSD

Right now I am long EUR/USD @ 1.2881, TP - 1.2904, and EUR/JPY, @ 121.65, TP - 122.46

EURUSD

If EUR/JPY S1 holds (and it looks like it will), we will have an easy ride up to the daily PP (in the best E/J traditions). However, S1 has to hold on this 1-hr candle. Three big levels are supporting the fall on E/U, U/J, and E/J It is too early to ...

EURUSD

Couldn't resist it - had to catch E/J ride to S1. Short @ 12177 again, took profit @ 121.60 Also short NZD/USD @ 0.8350

EURUSD

Off-topic, but NZD/USD looks overheated on daily. GBP/USD has followed E/U, NZD has to weaken slightly, together with Yen strength

EURUSD

Closed it too @121.77 - can't watch the PA right now. The thing is E/J has always respected S1 and R1 to the pip - my target hadn't been reached by 3 pips - shouldn't be too greedy, I know) I am on a scalping long on EUR/USD @ 1.2881, TP - 1.2904

EURUSD

Added another short on E/J on the retrace (121.84) - it hasn't touched the S1 yet, but it will - just watch)

EURUSD

Yes, E/J looks weak, however, I expect U/J to test 100 level not too far into the future

EURUSD

Closed my E/J long with 12-pips loss, now short @ 121.92, going for S1 +5 pips

EURUSD

Yea, that's why only a small amount went into that EUR/JPY long - I can wait) Looks like right now we are going for S1 after all. E/J is an interesting beast. If it is rejected at R1 (S1), it almost always goes to PP. If it doesn't hold - then to ...

EURUSD

Buy on rumour, sell on the news

EURUSD