Forex EUR/USD daily patterns

[AstroElite]

Sideways weak, "lazy"

Price in fluctuation zone. Day close price is near day open.

Normal, typical bullish

Price mostly in blue zone, hit a day average high and close at resistance.

Aggressive bullish

Price never goes to bearish (pink) zone below open, breaks a day high and close well above that.

Compensation after aggressive bullish day

Market is out of steam next day. A pair trades in lower, pink/red zone, weak activity.


News-driven spike and following day correction

Unusual activity during market calm hours driven by Trump's speech about "too string dollar", April 12, 2017, 15:19 EDT.
Next day market returns to old level.


Potential reverse

Exhaustion gap before reversal day. Two strong bearish thereafter.

[AstroElite]

HIGHLIGHTS-THE TRUMP PRESIDENCY ON APRIL 20 AT 1:50 P.M. EDT/1750 GMT

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April 20 (Reuters) - Highlights for U.S. President Donald Trump's administration on Thursday:

NORTH KOREA North Korean state media warns of a "super-mighty pre-emptive strike" after U.S. Secretary of State Rex Tillerson said the United States is looking at ways to bring pressure to bear on North Korea over its nuclear program. urn:newsml:reuters.com:*:nL3N1HS07Y

U.S. STEEL Trump launches an investigation to determine whether Chinese and other foreign-made steel threatens U.S. national security, raising the possibility of new tariffs and triggering a rally in U.S. steel stocks. urn:newsml:reuters.com:*:nL1N1HS1FC

IRAN Iranian Foreign Minister Mohammad Javad Zarif says the United States should meet its own obligations agreed in a landmark nuclear deal in 2015 rather than making accusations against the Islamic Republic. urn:newsml:reuters.com:*:nL8N1HS3QH

RUSSIA Russia dismisses as false a Reuters report that said a government think tank controlled by President Vladimir Putin developed a plan to swing the 2016 U.S. presidential election in Trump's favor. urn:newsml:reuters.com:*:nL8N1HS2R2

U.S. ECONOMY American economic growth will not achieve the new administration's 3 percent goal this year or next, even if some fiscal stimulus and changes to tax laws are implemented, according to economists in a Reuters poll. urn:newsml:reuters.com:*:nL3N1HQ4A2

TRADE WITH JAPAN Japan has less room to compromise with the United States under a bilateral trade deal than under a multilateral agreement like the Trans-Pacific Partnership, its deputy prime minister says, taking a swipe at U.S. attempts to directly pressure Tokyo into opening up heavily protected markets like agriculture. urn:newsml:reuters.com:*:nL1N1HR25N

DAIRY TRADE Canadian Prime Minister Justin Trudeau brushes off an attack by Trump on Canada's system of dairy protections, saying every country defends its agricultural industries. urn:newsml:reuters.com:*:nL1N1HS1B4

IMF, WORLD BANK MEETING International Monetary Fund Managing Director Christine Lagarde says she believes the IMF can work successfully with the Trump administration to improve the global trading system, but adds that open trade must be preserved as a growth engine. urn:newsml:reuters.com:*:nW1N1GZ03C World Bank President Jim Yong Kim says he is "encouraged" by the Trump administration's interest so far in the multilateral lender's mission and its plans to harness more private capital for development finance. urn:newsml:reuters.com:*:nL1N1HS0MR

PENCE IN INDONESIA Trump will attend three summits in Asia in November, Vice President Mike Pence says in Jakarta during a visit to the headquarters of the Association of Southeast Asian Nations (ASEAN). urn:newsml:reuters.com:*:nL3N1HS41C

EGYPT Defense Secretary Jim Mattis says he is optimistic about improving military ties with Egypt after talks in Cairo with President Abdel Fattah al-Sisi, following a period of strain under the Obama administration.

[AstroElite]

Zone Trading

[AstroElite]

Buy trap on false signal