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Forexmospherians

EURUSD 17 Jul 2020 Another tough day 4 bearsMarket still bullish and resist with madness on any downside attempts. Key level clearly 1.13487 as the main previous resistance, now support. Harmonic bearish gartley within DXY still gives us a hope for a touch of this 1.13487 at least. (DXY tgt 96.50) As usually from the news side all depends on this clownish verbal games with EU recovery fund. No agreement could send us lower with overshoot of downside under main support level at 1.1315-19 Mixed investment strategy still. Cheers! Pls apply your own trading and mm rules in any case.
by AlpacaBlack
EURUSD 16 JUl 2020 The old song of lowing bulls?Yesterday bulls break out even from the pants of rising trend channel and try to scary us that DXY is doomed. Today already everything more calm and we have our old resistance at 1.1422 in place followed by 1.1367. Main support 1.1364-1.1347 and minor at 1.1390 level. Still this verbal theme with EU Fund could bring unpredictable moves, but as it was before they always listen to the bright side and ignore dark one. Bullish mode still atm. Seems buy dips and sell tops :))) Investment strategy mixed imho. Cheers! Pls apply your own trading and mm rules in any case.
by AlpacaBlack
EURUSD - review from 15 Jul 2020 with key levelsSo, today we have a nice spike in eurusd pair and ultimately touch key levels imho. Let's try to understand what next. First of all market is still bullish with all this verbal games with virus plus EU fund and other clownish games. Ultimately market targeting monthly falling trend channel and horizontal resistance at 1.1588-1.1631 on my cards. Can we break higher? I doubt atm, but... as usually we can not say for sure. NDX still trying to climb As we so close to the top levels imho it is risky to hold core longs and better to trade intraday key levels. In any case until 1.1360 - 1.1347 level holds now it is still bullish. Watching 97.77 within DXY on the bottom seems the key theme now for direction. Cheers! Pls apply your own trading and mm rules in any case.
by AlpacaBlack