2023.9.18 UScrud bulls are reveling2023.9.18 UScrud bulls are reveling
Hello, I'm Older Duan. Today is Monday, September 18th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index maintained a sideways trend between communities last Friday and today, and has not yet hit the short start level of 105.690 in March this year!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold surged last Friday, with both last Friday's high and today's high hitting the daily level long short divide daily level 55 moving average (1930.37)! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil continues to rise sharply, breaking through the historical key level of $90.3, and the next strong pressure level is at $91.6! So, for the rest of today, just use these two positions as the daytime long and short water separation intervals! Sell high and buy low within the range, and chase up and kill down outside the range!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro/US dollar engaged in a long short battle against the 2.000 level (1.06666) of the gold split at the recent bottom last Friday and today! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound remained relatively low against the US dollar last Friday and today, with a consolidation of inter district fluctuations! So for the continuation period today, just use today's opening price (1.23964) as an important point for intraday operations! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Monday and there will be a Federal Reserve interest rate resolution this week. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Eurusd-3
EURUSD Technical Analysis and Trade IdeaIn this video, we conduct a thorough analysis of the EURUSD currency pair. Over recent periods, the EURUSD has faced notable downward pressure, resulting in a substantial move towards a critical support level. Within the video, we examine the potential for a trading opportunity based on our assessment of price dynamics, market conditions, current trends, and a meticulous evaluation of key support and resistance levels. We want to emphasize that the content presented is purely educational in nature and should not be construed as financial advice or guidance.
USDJPY I Above 147.90 will pave retest to 151.90Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Daily outlook and short set upWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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2023.9.15 USD and US crude oil rallied and retreated2023.9.15 USD and US crude oil rallied and retreated
Hello, I'm Older Duan. Today is Friday, September 15th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index rose sharply yesterday and is about to hit the starting short position of 105.690 in March this year!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold showed a long downward shadow on its daily closing line yesterday and started to strengthen today! So, for the rest of today, just use the opening price of this Tuesday (1921.49 US dollars) as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil continued to rise sharply yesterday, and today it has broken through the historical key position of $90.3, and is now starting to decline! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) and $90.3 as the daily long short split range operations! Sell high and buy low within the range, and chase up and kill down outside the range!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro fell sharply against the US dollar yesterday, breaking below the recent bottom of 2.000 (1.06666) against the gold split. Today, it confirmed this position by peaking back within the day! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound fell sharply against the US dollar yesterday, breaking through and closing below the daily 233 moving average (1.24347). Today, it peaked and confirmed this position! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Friday, and tonight there is likely to be a close out market. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.14 precious metals were weaker than non US currencies2023.9.14 precious metals were weaker than non US currencies
Hello, I'm Older Duan. Today is Thursday, September 14th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index is engaged in a long short competition near the daily level 377 moving average, and is likely waiting for the daily level 21 moving average to move up and close!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold continues to be weak and is about to challenge the integer level of $1900! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, the daily closing of US crude oil yesterday showed a cross star pattern, which is the standard change signal! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) and $90.3 as the daily long short split range operations! Sell high and buy low within the range, and chase up and kill down outside the range!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro/US dollar has been fluctuating and organizing in a small area this week! So for the continuation period today, we will continue to use the highest point on Friday (1.07430) as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the lowest point of the pound against the US dollar yesterday has reached the daily average of 233 (1.24351), and the final daily closing line showed a long downward trend. Starting today, it is likely to strengthen! So for the continuation period today, just use today's opening price (1.24888) as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Thursday, and tonight there will be a European Central Bank interest rate resolution and "terrorist data" on monthly retail sales in the United States. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Anticipating the next Move 🚤 EurusdAnticipate the next move beginning with a Top-Down Analysis followed by looking through the lens of price action.
0:0 Monthly timeframe
1:10 Weekly timeframe
2:35 Daily timeframe
6:36 4hr timeframe
8:30 1hr timeframe
11:20 upcoming news
We have alot of rejections at 1.07 Weekly support level beginning from last tuesday. This weekly support level is also a Monthly support level. The Daily timeframe flipped to bullish market strucutre on Monday and still maintains that stance. Though, one could argue that we are simply ranging now. We have higher lows and Higher highs on the 1hr/4hr timeframes. CPI inflation data today pulled price back down to retest the weekly support level once more at 1.07. To be exact it touched into 1.071 but I still count that. Yesterday and especially today price respected what was our previous resistance zone 1.0727 but has now turned into a daily support zone. CPI increased for the second consecutive month and we are moving away from the Fed's target of 2%. That is good for the USD and the higher timeframe momentum favors USD. Given this, we are at a key level on the monthly and weekly timeframes. Volatility has decreased ever since we tapped into the key level's. Also, these fundamental releases act as a short term reversal for the market.. another confluence. Really in trading it's about combining multiple confluences to increase the probabilities for a trade idea.
EUR/USD potential short opportunity unfolding (next Sessions)The Longs have been going well as discussed in the last couple of videos first Profit Targets have been reached. However it looks as momentum is switching now and with a red daily close we could see a very nice short opportunity in the next sessions.
2023.9.13 Euro is leading the way up2023.9.13 Euro is leading the way up
Hello, I'm Older Duan. Today is Wednesday, September 13th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index has returned to below the daily average of 377 (104.703) for two consecutive days, and continues to be strong today!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold fell down yesterday and continues to be weak today, breaking through the long start level at the end of last month twice, which is the opening price of August 27, 2023 ($1910.70)! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil surged yesterday and continues to strengthen today, approaching a historic key level of $90.3! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) and $90.3 as the daily long short split range operations! Sell high and buy low within the range, and chase up and kill down outside the range!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the daily closing of the euro against the US dollar showed a cross shape with a long shadow line yesterday, but it is weak today! So for the continuation period today, we will continue to use the highest point on Friday (1.07430) as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound continued to weaken against the US dollar yesterday and today, with today's lowest point reaching the daily 233 moving average (1.24344)! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Wednesday, there will be US CPI data tonight, and tomorrow there will be "horror data" on US retail sales monthly rates. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.12 USD has returned to the dense range of MA2023.9.12 USD has returned to the dense range of MA
Hello, I'm Older Duan. Today is Tuesday, September 12th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index returned to below the daily average of 377 (104.688) yesterday, and today it is up to test this position again!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold has been engaged in long short competition near the daily level 21 moving average ($1921.34) for multiple consecutive trading days! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil fell after reaching a recent high yesterday and continues to steadily strengthen today! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the EUR/USD daily closing line showed a positive trend yesterday and continued to strengthen today! So for the continuation period today, we will continue to use the highest point on Friday (1.07430) as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the highest point of the pound against the US dollar yesterday hit the daily level 165 moving average (1.25498), and then fell back! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Tuesday, and tomorrow there will be US CPI data, and the day after tomorrow there will be "horror data" on US retail sales monthly rates. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.11 the pound led the rise2023.9.11 the pound led the rise
Hello, I'm Older Duan. Today is Monday, September 11th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index fell down today and has already fallen below the daily average of 377 (104.672)!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold surged today and is about to challenge the daily level long short divide daily level 55 moving average (1933.70 US dollars)! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil presents a high level contraction triangular arrangement shape! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro strengthened against the US dollar today! So for the continuation period today, just use the highest point on Friday (1.07430) as an important point operation for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound strengthened against the US dollar today and is about to test the daily level 165 moving average (1.25464)! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Monday, and this week there will be US CPI data and "horror data" US retail sales monthly rates. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
When the Price Action speaks, Listen! 🔉😼Price reacted off of 1.07 Weekly support level for 2 days before punching through it with New York session Open today boosted by positive USD unemployment data.
0:0 Monthly timeframe
2:21 Weekly timeframe
5:29 Daily timeframe
9:25 4hr timeframe
11:06 1hr timeframe
Price printed a Daily bearish candle today and tapped into Extreme Daily Lows at 1.0688 Daily support zone. It is extreme daily support zone because price bounced 590 Pips off this area last time price was here. The Daily bearish candle today closed above the Extreme Daily lows. Yes the weekly candle is bearish at the moment, but I would not be surprised to see the Weekly candle pullback, and create a larger bottom wick to end the week. Calling the low has a good Risk/Reward and some people are good at spotting mean reversion trades. Be flexible because if the market continues to trend lower, we want to capitalize on that momentum. Interestingly enough, I'm looking forward to this mean reversion trade because of the News catalyst Unemployment Data. News releases can also provide the catalyst for a short term bottom and top in the markets. A good example of this was on June 27th earlier this year. After the news, a short term top was formed and price pulled back 100 pips. Anticipating something similar here.
EURUSD H4 | Bullish reversal off 161.8% fibo extension?Price could potentially fall to our buy entry at 1.0667, which is a swing low support level, slightly above the -61.8% fibo expansion and 161.8% fibo extension. Our stop loss is at 1.0629, which is another swing low support level. Take profit is at 1.0715, which is an overlap resistance level.
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2023.9.8 USD and US crude oil have slightly declined2023.9.8 USD and US crude oil have slightly declined
Hello, I'm Older Duan. Today is Friday, September 8th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index has been closing at the last moving average of the daily level for three consecutive trading days, above the daily level 377 moving average (104.636), fully opening up the upside space!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, after hitting the daily level 21 moving average yesterday and the day before yesterday, gold rebounded against the previous day and has now returned above the daily level 233 moving average ($1922.79)! So, for the rest of today, just use the daily level 233 moving average ($1922.79) as an important intraday point to operate! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil fell down yesterday and the daily closing line returned to a critical position below the monthly average of 21 ($86.76). It continued to weaken today! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro continued to decline against the US dollar yesterday, reaching its lowest point at the bullish starting point in June (1.06979), which was also the opening price on June 7, 2023. Today, it began to rebound upwards! So for the continuation period today, we will continue to use the long start position in June (1.06979), which is also the opening price on June 7, 2023, as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound continued to weaken against the US dollar yesterday, but did not touch any strong support levels! So for the continuation period today, we can continue to operate at the daily level 233 moving average (1.24292) as an important intraday point! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Friday and this week is the first full trading week of September. The weekly line will be closed tonight. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
EURUSD - from Daily to M30📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #EURUSD.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Eurusd New Month .. New Lows to 1.07? 🛎️Traders! (≖_≖ ) we haven't seen a steady trend like this with 7 weeks of the same candles since June 2020.
0:0 Monthly timeframe
1:35 Weekly timeframe
5:13 Daily timeframe
7:25 4hr timeframe
9:46 1hr timeframe
11:30 Bias
Hello traders. Yes, we did just create a daily support today at 1.0773. However, this support was created during a Bank Holiday and if you've hung around the block long enough in forex you know that Bank Holiday's have low volume and we should acknowledge them accordingly.
If we do end up curling back to the upside here on Eurusd we do have 2 clean ranges on the 1hr and 4hr timeframes so long as we get above 1.08. With that said, the market is not random and we must act accordingly as we may coninue to descend into the depths below as we have been for nearly 2 months now. It is important to be flexible at times this . Bulls and Bear got thrown around last week with a early in the week Bullside push followed by a continuation of higher timeframe momentum to end the week, that also coincided with decent NFP data that was released better than expected. It is possible that we will soon touch into the next daily support level 1.0744. Momentum is still prevalent and so we must allot to it our due diligence.