Euro resting liquidity chart is usually very noisy in the futures. Futures volume accounts for rather low percentage of all Euros traded worldwide. Order flow is not as good in this product. I prefer to look for larger layers of laying liquidity that are posted away from the market and persist for longer amount of…
Category: EC (6E) Euro
Euro currency trading discussions
Dollar, Gold and Euro
Hey Traders, While gold and currencies remain great scalping instruments, there haven’t really been many developments longer term picture wise. Firstly, the dollar, the following three trendlines on hourly chart seem to be very much respected over the past several weeks: break above higlighted resistance level would like take DX to the top of the…
EURUSD Support and Resistance Update
Hey Traders, if you haven’t had a chance yet, check out previous Dollar Analysis post levels on which will obviously be crucial as to how Euro plays out. Here are major s/r levels on the daily chart, pretty self explanatory, with red line being 50ema which kept euro in check today: here is hourly chart…
Weekly Dollar and Euro Analysis
Hey Traders, some incredible currency moves last Friday. Dollar has clearly has been in steep downtrend helping fuel the recent rally. After breaking down below two yearly lows for the dollar, it managed to close back above that support, with incredible bearish sentiment on the dollar with only ~3% dollar bulls earlier this week, the…
Quick Euro FX Update
This picture should tell the story:
Easter Intranight Market Analysis
Update 9pm EST:considering 845 overnight low holds, will be watching 849.75 for further clues, if that ambush doesn’t hold , gap fill and retest of highs likely Update 7:12pm EST:if you have missed it, here are some rather significant news from the weekend:GS Mulls MultiBillion Dollar Share SaleGoldman Sachs Share Sale to Repay Treasury Could…
Monday April 13th Intraday Futures Analysis
Update WTF EST: looks like GS moved earning to after the close. Good for them. Update @ Close: extremely low volume day, all eyes on GS earning in the morning.Check back later for daily update. Update 3:31 pm EST:all trends green, ES at highs with no recent high/tick confirmation. Another new high as I type…
Monday April 13 Daily Market Summary
Hey Traders, very low volume trading day today, with lowest ES volume since January 2nd, which makes you wonder if break above recent highs should be trusted. Will start building a bearish case from smallest time frames as bullish technicals start to break down. Here is a quick summary of the past months activity brought…
April 14th Intraday Futures Analysis
Update Ca$h Close:rather good trading day, with morning highs, intraday lows and afternoon rally highs being predicated by Mr Fibonacci and spotted in this intraday analysis. Check back later for daily market summary. Update 2:31pm EST:ES has found support at the first ambush listed in early morning update and is now retraced to the base…
April 9 Intraday Market Analysis
Update Cash Close: Another professional gap with closing at the highs for ES. What is more impressive is gaping above and holding above big trendline on the daily chart. Wow what a week! Update 3:52pm EST: more new highs, shorts cant feel too comfortable holding into the weekend after another week of false hope and…