If tomorrow price starts in between 39150...35500 we will wait price to hit either upper resistance or lower support and wait for next move. If price gapsup and falls from target area like previous week we will buy put . If price starts and continues upwards from todays spot we will buy ce.
Yet another price call for this week. I am 0/0 for predictions. Stay tuned
Another attempt at breaking support, after more rejection off 1.58. Price is now being rejected off 1.57, strong volume. Short while 1.57 holds.
Price broke above 0.79, retested and showed support. Engulfing candle in 4h. Long while 0.79 holds.
1. Broke bullish trendline. 2. Broke below the 1.16 area, retested and showed strong rejection repeatedly. 3. Price pulled back to ~1.1580. Currently losing its local trendline (see 4h), with strong volume. Short while 1.16 holds.
Price was strongly supported by the 0.72 area, then by the 0.7240 area. Currently showing strong volume to the upside. Long while 0.7240 holds.
Price showed weakness approaching the 1.2600 area, failed to make a higher high. Short while 1.2620 (previous high) holds.
Strong uptrend failed around the 1.5750-1.5800 area, made a head & shoulders. Recently broke the neckline ~1.5650. Short shile 1.5650 holds.
Price made a double top below 1.21, after which it reversed. Fell below 1.20, and price seems to be rejecting the level. Short while 1.20 holds, aim to bottom of range.
Price lost the support area around 0.9780, saw large volume. Price has gotten rejected off the area as well. Short while 0.9780 holds.
Price got rejected off the 89.00 area, which has served as top of range for some time now. Short while 89.00 resistance holds.
CADJPY showed rejection to the 91.50 area, 2017 highs. Also see 4h chart. Short while 91.50 holds as resistance.
2618 Strategy Trading Setup Criteria: 1) Double Top 2) Break of structure (neckline) to the downside 3) 61.8% retracement of AB leg 4) SELL order at C point SL: 5-10 pips above DT TP: 1) next structure level, probably where B is pointed 2) 1.272% extension of AB leg With regards, Michail Sideris
Working 18 bar bearish signal. ADX confirm new trend starting. DX- higher than DX+ - trend down
Hello! Dudley and his governor friend George are out to speak in less than 25 minutes and the US market and EURUSD is not making a noise since. At least on Minute 1 chart I don't see anything that catches my eye, but we should see a fine spike on M30 if it reaches 1.0600 (roughly) and take advantage of that. I'll show you how and I will be updating this idea as...
Hi! RSI and Bollinger just confirmed and entered the deadzone, while those Government guys should have some impact on EURUSD to drive it lower. I see a very good scalping opportunity. I will update this idea as time goes by, thank you!