[GVI Forex 2]

EURUSD double top

US yields back up (10-year 4.189%

%

 

 

[GVI Forex 2]

EURUSD

After the sharp drop last week, EURUSD has so far traded a narrow but choppy 67 pip range as its focus is more on crosses, such as EURCHF and EURJPY. Comments welcomed.

 

[Belgrade Bobby]

EURUSD Daily view 

Resistances are at 1.07900 and 1.08450/500 – break of would open the road for Up Trend and the test of Major 1.11000 area. That would be a game changer.

Supports are waiting at 1.07550 and 1.07150 , break of targets directly ( ideally ) 1.06100 over period of 2-3 days.

Outcome for tomorrow – if we get a close bellow 1.07700 tonight, there is a higher possibility for immediate continuation of the down move. There is always a possibility to see uptick up to 1.08200 , and then down.

[GVI Forex 2]

EURUSD 1-hour chart – tested last line of defense ahead of key 1.0722-23 support

 

[Belgrade Bobby]

What I found really amazing looking at the charts that you posted here is the fact that even after almost 30 years of trading, I can not concentrate enough on different pairs at the same time, to be able to trade them. When I try to look for opportunities elsewhere (grass is greener in the other yard ), I end up either missing a trade on EURUSD ( my main trade) or screwing it up because of looking at some cross . Long time ago, it was even worse – get into position, it goes sour….and then I go over every single pair , trying to find a reason to hold on…of course it ends up in tears..
Now when I see how your thingy works , must admit that Amazing Trader is a very valuable tool even for veteran traders with their own proven systems. First thing that comes to my mind is the fact that I can continue trading my own system, and have this one working on it’s own in the back…to help me chose the trade, execute it, and take care of the most important part of trading – Risk Management !
If you think that this is some kind of kissing ass , well it’s not…I woke up a bit pissy , and looking at these charts , it just hit me…this is a great stuff…I should use it.

[Belgrade Knez]

EURUSD trading below 1.0780 (breakout level) but supported with Dec low 1.0723 …. once that gives way, looking for Nov low at 1.0656

 

[Belgrade Bobby]

EURUSD – Now comes the “make it or break it” moment…1.07550 held on the first impact…( and it happened today exactly as I warned yesterday – 10 min before UK exit time) …

[Anonymous]

EURUSD 1.0768

High so far 1.0784

See prior post

[Anonymous]

EURUSD 1.0781

Key level is 1.0785

[Anonymous]

Light calendar tomorrow.

EURUSD 1.0723 is current line in the sand

GBP 1.28,JPY 148, CAD 1.35, AUD .65 are all “magic” levels

[Belgrade Bobby]

I am not sure if there is enough interest in EURCHF to be able to really decide the EURUSD fate … We’ll see very soon…

[Belgrade Bobby]

EURUSD
Intraday – if the pair stays bellow 1.07300 next 20 min , we will see the test of 1.07200, and if taken out , the continuation of the down slide. Chart
On contrary, close of this 30 min bar above it will give us a chance to target 1.07500 area.

[Anonymous]

Posted yesterday (low yesterday 1.0723, toddy 1.0725)

EURUSD

Next key levels (daily)

1.0723

1.0655

Rising US yields the key driver today

[Belgrade Bobby]

EURUSD
So far we have concurred on the view of EURUSD today’s fate. It is great when participants supplement each other 😀
Unfortunately this scenario didn’t give us a chance to make some serious profits…but ok…there is always tomorrow …

[Anonymous]

EURUSD

Next key levels (daily)

1.0723

1.0655

Rising US yields the key driver today

Low so far 1.0735

[Belgrade Bobby]

EURUSD
Well, Europe boys and girls got caught in the middle of their morning routine…Approaching Support at 1.07450..it is going to be interesting now 🙂

[Belgrade Bobby]

EURUSD
After quite a drop on Friday, caused by the number of numerous data positive for USD , it is a question what happens next ??
Well, base on the pattern, derived from the daily chart , early Europe might just pick it up, for no good reason whatsoever, except for the custom to buy EUR at all times…Now there is a possibility to reach the first Resistance at 1.08200, but depending on the mood of those involved, it can reach up to 1.08400 and still be in the strong downtrend.
Support awaits at 1.07450 and might prove to be a bit stubborn…nevertheless , once taken out ( as pattern suggests at least another 3-4 weeks of down pressure ), opens the road to first target in 1.05 area. Now, if that happens, we’ll be targeting parity , over period of time. I’ll be with you and updates tomorrow Europe morning…Ciao

[Belgrade Bobby]

EURUSD
If 1.08800 holds , it will target 1.09800 – that target gets lower with the time…so everything between 1.09500 and 800
Looks as the pressure is building to the upper side…For real Up move, I would prefer some consolidation phase or good retracement, but it is what it is…

[GVI Forex 2]

EURGBP up ahead of BOE decision (EURUSD up on offsets)

[Belgrade Bobby]

EURUSD
The pair went through support at 1.08250, but failed to cash in on that break…it was taken in 1.08050 area on Europe entry.
Supports right now at – 1.08200 and 1.08100
Resistances at – 1.08350 , 1.08550 and 1.08700
Intraday view : It should go lower from here, but the problem is todays data’s and FOMC – Placing bets in a day like this might cost you a whole margin.
So follow one of the Major Rules of Forex trading : Live to trade another day !

[Belgrade Bobby]

Looks to me that EURUSD might test the lower side again…watch Support in 1.08250/300 closely….If bellow, as I said earlier , it can slide 100 pips easy…not in one move of course 😀 Major support awaits at 1.07350

[Anonymous]

EURUSD high 1.08557

Belgrade Bobby
KEYMASTER
EURUSD
Next hurdle at 1.08550

[Belgrade Bobby]

EURUSD
Next hurdle at 1.08550

[Belgrade Bobby]

EURUSD
The pair is trying to turn Up , as the FOMC is approaching this week.
Resistances are at 1.08400 and important one at 1.08850 – break of would open the way for attack at 1.11000
Immediate support comes at 1.08250/300 and needs to hold for any reasonable attack of the resistances.
Major support comes at 1.07350
Buying EUR intraday is a way to go – and always watch for that 1.08250/300…if goes bellow, count on 100 pips lower easily.

[Anonymous]

EURUSD update

Currently 1.0811

1.08 = key psychological
1,0771 = 100 day mva
1.0722 = next key daily support

[Belgrade Bobby]

EURUSD
Bobby 14:23 GMT 11/30/2023
After a month of a strong rally , eurusd need some correction . There are two options :
– It holds above 1.09000 and tries Up again early in the new month – most important resistance right now is at 1.09400
That scenario might end up in failed test of the previous high , and than we would be moving within the zone 1.08000 and 1.09000 . Break of 1.08000 would lead to the test of Major trendline at 1.06000.
– Second scenario would be better for the Bulls, as a decent correction all the way to 1.08500 in next two days would give it a chance to renew the strength and go for the new highs…
All in all, on the monthly chart, it has a potential for Up, and so far we don’t have a single sign that it might abruptly stop right now…but stranger things used to happen 🙂

[Belgrade Bobby]

EURUSD Year’s end
Bobby 20:48 GMT 12/29/2023 – My Profile
Resistance downtrend line at 1.14950 ( dating back to 2008 )
Support line at 1.07300
Lines that you see are “historical ” – I draw them decades ago….just cloning them as time pisses by 🙂
These are the real angles that control EURUSD movements .
We didn’t make them….we are just maintaining them…
Taking into account another historical fact brought to you by Jay – [Trader Alert] Beware of False Starts in the New Year, and some more fundamental facts regarding the health of The Union ( this time European one ) , one can conclude that we should be watching EURUSD grabbing for the Resistance line in first few weeks of the New Year….Ideal development would be to reach 1.14950 and then turn South for another decade at least 🙂 but….it might just stay short of it and do the same…Or, in some diabolic world development, break the resistance and become Bullish…
Now, if the first possibility comes through, we are looking for target at 0.75500 – that is my favourite 😃
Less possible outcome, break above the downtrend line would open the road for about 1.72000….
Now both options would be possible in the perfect forex world…something of forex heaven ….but whatever happens , you can bet that we will try for the low again, get sucked in some sideways to nowhere , play like a yo-yo here and there…
I just wanted to share some light on the current state of this pair and to WISH YOU ALL VERY HAPPY AND MERRY NEW 2024. Let the Force be with you 😃