a quick flash from a streaming news...commenting that the recent buy up to hit 1.45 level is in anticipation of higher than expected figures. hence selling pressure is seen meeting demand at time of news... 'sell the fact' price action by the looks of it?
.... no follow through to 1.45 recent highs from recent run up (US mrkt) due to anticipated large sell orders above --- given developing news on periphery. but again still gives an opportunity for any market maker in this set-up and level
Latest 30 min chart. Looks like price wants to play around the pivot point. if it does go farther down, it could make a Inverted head and shoulders at 1.4425 in between a 50% and 61.8% fib level. Could play out like last Friday also where EU just blew up on a strong pop at the close. Still favoring one more high at 1.4570-80 but i think we will at least hit 1.4550. Stop below S1.
EUR/USD continues to trade sideways and only a breakout above 1.4520 seems to be a good reason to trade, as a breakout higher would reinitiate the uptrend.
EUR/USD 30 min chart
Regards Alejandro Zambrano
Currency Strategist | DailyFX Forum (London) azambrano@fxcm.com
*Joining DailyFX Forum is free and offers an extended range of features, including: Replying to other peoples' threads and receiving email notification of replies to posts and threads you specify. Click here to join today.
Maybe is that bull is little ill and bear is vet. I have see them do this and put some times the arm,,,,,,,, maybe is the paper is for after yes???????????? Bull he no look happy about this.
Thanks ayo expanded flat and wave 1 is what it was looking like to me (not my first count of choice). I just like a little tap on the back for confirmation. Then I say ta ta to the notion of my first count and no longer feel as if I am on an island. Heck I even started answering my own questions.
Uau! Expanded Flat is serious advanced thing, and if 4 is finished I'm starting to think that 4's are really difficoult. I spend an entire day trying to see something with no luck.
I was thinking about some kind of Expanding diagonal, but seems Elliot forgot to include this in his theory LOL
let's see if I have more luck next move and it's not as advanced as this last one.
Uau! Expanded Flat is serious advanced thing, and if 4 is finished I'm starting to think that 4's are really difficoult. I spend an entire day trying to see something with no luck.
I was thinking about some kind of Expanding diagonal, but seems Elliot forgot to include this in his theory LOL
let's see if I have more luck next move and it's not as advanced as this last one.
roger
One hour left then you'll get the volatility you are looking for
I think it won't be bullish until 10 am EST or 11 am... if US data is negative. even fundamental has screwed me over many folds.... it should have some... weight. once US data comes out... people will decide which way to go. 145 is a strong resistance barrier... i don't think it should break unless EUR is doing surprisingly well.
bears are close to taking euro lower but PA is stuck in demand zone.
1.4440 is the key area,
as long as price is above this level we r gonna keep on testing higher,
below 1.4440 n we will see 1.4400 very fast,
seems like 1.4450-40 is a solid support zone,
im keep tracking gold, n its rising.....
Bears r shy of commin out, Bulls remains in control so far......
Go bulls go....:-)
lols... wud say Go bears go if its below 1.4400
Caution is advised...
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Member
Posting Permissions 
English
Español
Français
中文
Deutsch
Italiano
العربية
Sverige
Ελληνικά
Originally Posted by Spartan_Forex 
caution
