30
EURUSD breaking out of the weekly range — watching $EURUSD into NFP
Price just reclaimed the 1.0900 level on $EURUSD. If we hold above into Friday I think we see a push to 1.0980.
Key risks:
- NFP surprise
- ECB commentary
What are you all watching?
Everything the Traderforum community is saying about $EURUSD (Euro / US Dollar). Real ideas, analysis and live bull/bear sentiment — free and open.
Discussion mentioning $EURUSD
103
Shorting $EURUSD into FOMC tomorrow
Entry
1.086
Stop
1.091
Target
1.078
Seeing some serious resistance around 1.0900. With Powell's hawkish stance expected tomorrow, I think we could see a decent pullback. Looking for a break below 1.0850 confirmation. CPI data was hotter than expected, giving the Fed more room to be aggressive.
117
Any thoughts on $EURUSD retesting 1.0700?
Saw $EURUSD hit 1.0700 again today. Seems like a key psychological level it's struggling to break definitively. We've seen rejection there a few times this month. Is this a potential short setup or just accumulation before a push higher? Looking for broader thoughts.
55
Short $EURUSD - ECB Hawkishness Overpriced?
Entry
1.0885
Stop
1.0935
Target
1.075
Seeing $EURUSD pushing towards 1.09, but I think the market is overpricing the ECB's hawkishness relative to the Fed. Eurozone economic data continues to disappoint, and the energy crisis isn't fully resolved. The rate differential is still in the dollar's favor long-term. Looking for a retrace.
95
$EURUSD - Shorting after failed breakout
Entry
1.0885
Stop
1.0915
Target
1.082
$EURUSD is showing clear rejection after a false breakout above 1.0900. I'm looking for a retest of the previous range low.