Major USD Pairs Discussion | Daily Market Breakdown

EU- pullback has started. but carrying sell momentum.

Lol. The pullback you've been expecting has finally started.

yeah. It has started retracement. Hopefully it respects it. but if it invalidates it, the retracement will get deeper.

The 61.8 level is often known as the golden ratio for a reason. Cause price hardly ignores buying from that level.
It's now the retracement you were looking for will happen.

Yeah. Price bought from the level it was instead, without stretching down.

Okay

For me it's still at supply let it drop more

During high impact news like this price tends to move with high volatility

EURUSD- what are the possibilities of continuing the buys, without filling up the imbalance.?

GBPUSD - double top formation at the 1.3480 will be more convincing for the pullback. But next week, will be best for the deep retracements.

AUDUSD - Price has created a clear bullish sequence to confirm it's uptrend. A good pullback will present good opportunities to join the buys.

NZDUSD - Price has formed a healthy bullish channel, printing clear Impulse and correction structures, which forms higher highs and higher lows.
This Structure offers a good long opportunity and is worthy of consideration.

Yeah. I didn't see the 4hr closure. That was another clue for the buys. as price was already resting on a support.

it's not looking it will continue dropping. But let's see how next week goes.

Price should continue the sells from there

It should continue abeg

I actually like what i see

It's a good sign for retracements

USD pairs can be crazy most times

For real. That's why they are good for Intra-day and scalps most time. If you have intention of holding trades more than a day, just avoid the Majors.

See how AUDUSD just rallied this week, after selling last week.