ForEx Trading Range in this Context mainly is based on Price Action and developing Points of Control (POC) - occasionally looking at some more technical Tools.
Today's range expected ... UPDATE ... Weird numbers of US Non-Farm Employment change (previous 179k, forecast 85k, actual 172k) caused USD pop & EUR drop, while Hourly Earnings and Unemployment Rate remain almost unchanged.
Today's range expected 1.1613 x 1.1713. EUR bounced from DOL 1.1609, but seems pausing at YH 1.1645 / WP 1.1644. Range since London open 23 pips. 15 minutes ahead USD Un-/Employment and Earnings. Enjoy the weekend.
Today's range expected 1.1599 x 1.1713, in between POC june 2nd 1.1633, price there right now. EUR shows strength today, travelling whole yesterday's range back up. If price continues north, POC 1.1633 may get support level. US eco data 8:30 Unemployment & more.
Today's range expected 1.1572 x 1.1633. Price below YL 1.1613 around POC 1.1611, already tested june 1st. Crude towards 100, pointing to a poor or none strategy of #Trump ref. #IranWar. EU PMI day data mostly positive, US 8:15 ADP, 10 am ISM.
Today's range expected ... FYI ... Rally in US stocks paused after the AI trade helped drive the S&P 500 to its longest winning streak in more than a year, with investors assessing the prospects for an end to the conflict in the Middle East (#IranWar etc.).
Today's range expected ... UPDATE ... EUR last 2 hours moving below prev. session POC 1.1647, possibly getting a resistance level. We let POC below 1.1611 still on chart despite small test of 4 pips.
Today's range expected ... OFF TOPIC ... Now, the “best American President of all time” could add to his list of ended wars several ongoing conflicts, some of which he himself started: #Russia/#Ukraine, #IranWar/USA, as well as #Israel/#Gaza, #Lebanon and #Syria.
Today's range expected 1.1611 x 1.1713, same as friday and prev. session. POC also same as fri. Apart from the jolt to the markets following Iran's announcement that talks with the US would be suspended, the waters have become calm again.
Today's range expected 1.1611 x 1.1713, same as friday. A calm market almost 'dead' so far. Nothing ref. intl. conflicts -#Israel, #IranWar, #Lebanon, #Ukraine- seems impacting traders. Eco EU PMI data bit mixed, more positive, Unemployment 6.3% unchanged, US 10 am ISM & more.
Today's range expected 1.1611 x 1.1713. Eco - while EU France reports are mostly worse then expected, German data looks slightly positive. No impacting data from US, but positive news from #IranWar front would be appreciated by everyone. Enjoy the weekend.
Today's range expected 1.1572 x 1.1639, EUR heading lower as well as crude now around 90 (YL 87.77). EUR around POC 1.1612, level may get valid S/R-level, if price moves away + returns. Eco EUR Lagarde spoke in Cambodia (rates), USD 8:30 GDP & more, 10 am Home Sales (delayed).
Today's range expected 1.1612 x 1.1713. Yesterday price respected POC 1.1642, now price above prev. session POC 1.1635 just testing YH, daily & weekly R1 1.1645. Eco data US 8:15 ADP Employment Change.
Today's range expected 1.1612 x 1.1642 technically, next POC above 1.1713. Despite new US attacks in #IranWar crude remains stable - so optimism possible! US economic data 10 am Consumer Confidence.
Today's range expected 1.1612 x 1.1713, EUR opened small gap up 34 pips. #Trump once again raised hopes over the weekend for an agreement ref. #IranWar, only to subsequently partially walk them back (dubbed TACO). Today Bank Holidays across the board, low volume and small action.
Today's range expected 1.1572 x 1.1620, next POC above 1.1713. Wed session POC 1.1598 was invalidated yesterday. Possibly today's range will not be challenged by price, last days ranges ...
... were mostly small (ADR 10 days 57 / 20 days 60). Eco EUR Ecofin Meetings, German ifo out positive, 10 am US Consumer Sentiment. Monday Bank Holiday EU Whit Monday & USA Memorial Day, so enjoy a long weekend.
Today's range expected 1.1572 x 1.1713, large range, in between prev. session 1.1605 and price today travelled 30 pips since DOL and 18 pips only since London open. Eco US 2 pm FOMC Meeting Minutes.
Today's range expected 1.1572 x 1.1619. Today G7 Meetings and US eco 8:15 ADP Employment, 10 am Home Sales.
Fast published economic data, speakers & more stuff:
https://t.co/9xRdt4EKaN or https://t.co/sdSdakjotl
Today's range expected 1.1572 x 1.1713, same as friday's range. In between POC 1.1627 price around, trying north, if continuing, POC may provide support. DOL + YL 1.1617 and DP 1.1637 near by recent price.