Major USD Pairs Discussion | Daily Market Breakdown

While those buys seems clean and possible, it may still be a pullback and it won't take out external high

You should check price now the news have been released

GU- Price broke out of the bearish channel like I suspected. I'll be expecting a retest of 1.3301 price level for buy continuations. I'm not expecting strong sells again, but more buys next week.

No, I'm not. At this point, I'm watching out for buys not sells.
After the imbalance created by the news yesterday, Thursday and Friday will likely continue with sells to fill up the gap, but I'll wait for the buys next week.

The strong buys from the news release on EU yesterday was a very significant one. but the daily closed at the key resistance level. I'll be expecting sells for the rest of the week to fill up the gap, then watch out for buys next week.

what's your EU projection now that the news has been released?
I have this setup on EU, but the nature of the sells will determine if it is a buy continuation pullback, or a full sell continuation move despite the strong buys from the Fed Interest rate.

what's your EU projection now that the news has been released?
I have this setup on EU, but the nature of the sells will determine if it is a buy continuation pullback, or a full sell continuation move despite the strong buys from the Fed Interest rate.

GU- on the 4hrs, price is on the Run phase of the BARR Top pattern. without invalidation of the Bearish channel, the bears will continue to exercise dominance.

GU- on 1hr, a break below the 1.3280 and we'll see a further downside as price has been ranging the entire day, pending Fed news by 7pm.

EU- Yeah. a breakout from either side of the price range on 4hrs will determine which direction the next momentum will drive to.

The strong buys from the news release on EU yesterday was a very significant one. but the daily closed at the key resistance level. I'll be expecting sells for the rest of the week to fill up the gap, then watch out for buys next week.

EU- There won't be an outright break of the trendline, without strong reactions and resistance from the bears. Price rejected strongly at the technical decision zone, yet the bears could not overpower the bulls completely as the 4hr candle as about closing bullish with a large upper wick on the key minor support zone.

EU- I'm watching out if they'll be a drop to the 1.3621 price level, before strong buys kick in.

Price didn't takeout external high so there's still bearish intention

It's just a pullback though, i'd want to see some bearish continuation

Except price takes out the externa high, there's still hope for sells

what's your EU projection now that the news has been released?
I have this setup on EU, but the nature of the sells will determine if it is a buy continuation pullback, or a full sell continuation move despite the strong buys from the Fed Interest rate.

Alright then

I'll join the sellers

I'm still bearish on GBPUSD

GU- has fully resumed its bullish trend. I'm not expecting the consolidation sells again.