Hourly graph. Last 4 attempts to breakout: All failed. Edit: All with lower highs!

EURUSD only

The market gave us way too much time to buy from support. Look unreal to me. That's the main reason. I may be completely wrong. We will see.

EURUSD only

Finally I made my mind. We are going down. New shorts from 1.1965 Edit: Forgot to mention my SL: 1.2015

EURUSD only

As per my calculation NFP data will come around 170K. Less than expected. Though for selling dollar we need Average Hourly Earnings also to be not more than expected 0.2%. 170K + 0.2% can finally give bulls the jump they were expecting. A ...

EURUSD only

My expectation for a bounce to 1.21 is getting less probability. After 10 days in a row fall, you would expect a sharp bounce first and then range. We are stick with bottoms since last 3 days. Simply we can't bounce.

EURUSD only

FED statement yesterday was slightly Dovish. So this week's bear move in Euro may be limited. On the other hand Euro inflation was so bad which limits bull activity as well. I am almost certain that in next two meetings (June 8th and July 20th) ECB ...

EURUSD only

Comparison of Euro and USA Core CPI data. Check the recent trend in graph (after the white vertical line). It explains all.

EURUSD only

Summary of FOMC statement: Slightly Dovish. But market didn't care.

EURUSD only

65 up and then 65 down. That was fun to watch. 1.1900 is on the horizon now. Dollar bulls are insane right now.

EURUSD only

My target in this pair is 1.15. But to be honest, we need to go up at least from 1.19 to 1.21 for more strength to fall towards 1.15.

EURUSD only

Just to keep in mind. 4 months back same price 1.1950 was thought as too expensive and overbought. It's all about sentiment!

EURUSD only

It's quite easy to comment on it: If they mention that they are worried about trade wars, bearish for Dollar. If they remove the word "roughly" that they used in previous statements, very bullish for Dollar. If none of above, the effect will be ...

EURUSD only

Cheers!

EURUSD only

NFP data which will be announced in 15 mins is not a game changer. I think the pair will continue to stay in range till FOMC.

EURUSD only

The downtrend is fed by buyers who come at each support level. The more buyers come, the more we go south. First bounce will be when buyers are discouraged in support levels.

EURUSD only

Daily RSI is 28.5. Still not bad. Until 20 its not oversold. 1 hour is fine. 4 hour is oversold. In Asian session, 3 bars around 1.2010 will save it from being oversold. So basically with European session tomorrow we can expect more south, 1.1905 ...

EURUSD only

Crash of Pound is an example for ECB. BOE raised the interest rates too early. Now its seen that UK economy is not doing so great. Bad move from BOE caused the currency to dive. ECB may postpone his plans which will cause further drop in Euro but ...

EURUSD only

Updated dollar graphic. We are at 1/3 of the initial uptrend move. Still long way to go. 200 MA 1.2010 doesn't seem strong. New target 1.1900

EURUSD only

Personal income 0.3, personal spending 0.4. Neutral data. Could be better for bears but still not bad. No more news effect. Market should go wherever it wants till tomorrow. Good luck all.

EURUSD only

US Personal Income is an important data. An expected 0.4% will have no effect and dollar will continue to rise and pair will go to 200 MA 1.2000. I think only a surprising 0.3% or 0.2% data can result in another run to 1.2140.

EURUSD only