EURUSD

[Guest Futures]

Looks like hunting for stops above 11070 if it reach their expect a continuation to 11095 after that not clear 11110 is from where it reversed this weekend Any thoughts

[Guest Futures]

Im long since morning getting stopped out all morning now trade reversal is coming and im looking for runner

[Guest Futures]

Scratched my 11051 and closed 11055 for small loss being in trade since 1000 took 20pip hit before scratching i dont support price action and lots of counter plays will come into play as we approach evening. though my overall longs are sitting nicely at 11042 aiming for a runner

[Guest Futures]

Close my 11042L at 11022 early waiting to election results for one last trade today

[Caseynotes]

Lowest volatility since 2014 but higher volume. Institutions still see this as an opportunity to 'buy low', at least until some future major event risk. The Fed embarking on their minuscule and stuttering round of rate rises clearly not enough for a break down and EU econ and pol not good enough to spark a rally.

EURUSD monthly chart.

 

 https://www.forexcrunch.com/eurusd-volatility-lowest-since-2014-will-wake/

 

[HannahL]

Thanks for the continued interesting posts !

 

As you mentioned an interest in FX trading    - any thoughts on how this market will start to pick up?

 

Discussion open to all of course!  Looking forward to hearing your thoughts.

 

Hannah

[Caseynotes]

EURUSD has run into an area of high resistance and likely to struggle onward, may well lurk in this region awaiting the expected (80% prob) of a FOMC rate hike on June 14th.

 

 

 

[Caseynotes]

Still trapped in the congestion block from mid 2016 (as mentioned in last post a month ago). Not even the Fed rate hike could give momentum to break out, likely going to need a fundamental push of bigger proportions to get any real movement either way.

 

[Caseynotes]

EURUSD still within striking distance of long term range top after being beaten back early this morning. Today is end of week and end of quarter, still some US data to come today. One to keep an eye on next week.

Weekly chart.