the price divergence on weekly is suggestive that 1554 may hold , and we may see a northward push sometime if august month close price is broken and becomes support
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DislikedMy Intraday Outlook. (ahead London) Good US economy data and we're back at 1550. Trump+USD rules... although EUR/USD oversold intraday, I still feel bearish on fundies. Intraday resistance : - 1.1550 - 1.1565 - 80 Intraday support : - 1.1530 (Aug23+Sep05 Low+Weekly_Fibo_S38) - 1.1500 - 05 (weekly zone) Initial intraday scalping plan: I'll sell below 1540 maybe adding below 1530 and buy above 1550. Have a great trading day, you all {image}Ignored
Dislikedbelow 1554 support its a free fall, above it, it will range some moreIgnored
DislikedIn FX markets, the USD index remained above the 95.00 level and near Friday’s highs in the aftermath of the NFP jobs data. This kept price action in EUR/USD contained. Option expiries of note for today's 15:00 BST: EUR/USD: 1.1500 (2.1 BLN), 1.1550 (0.640 BLN), 1.1590-1.1600 (0.430 BLN), 1.1625 (0.481 BLN) and 1.1650 (0.550 BLN). I woke up this morning and for a few ticks my long position held up, the non-farm payrolls almost shot my EUR/USD down. Seems like the...Ignored
DislikedI think we have a broken flag or wedge and we will go up to retest before falling again to below 1.1530 once we break 1.1500 I advice everyone bear to keep holding the mouse and get ready to escape the short position because below 1.1500 its a buying zone {image}Ignored
DislikedMy Intraday Outlook. (ahead London) Good US economy data and we're back at 1550. Trump+USD rules... although EUR/USD oversold intraday, I still feel bearish on fundies. Intraday resistance : - 1.1550 - 1.1565 - 80 Intraday support : - 1.1530 (Aug23+Sep05 Low+Weekly_Fibo_S38) - 1.1500 - 05 (weekly zone) Initial intraday scalping plan: I'll sell below 1540 maybe adding below 1530 and buy above 1550. Have a great trading day, you all {image}Ignored
Disliked{quote} https://www.forexfactory.com/showthr...5#post11459145 see for every underlying generic {image}Ignored