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- formosa replied Apr 26, 2016
look at that...1 min..chart...low volume and sudden spike....bulls are not enough with volume...bears will take over this for sure...all set to make this pair lower..i hope in next hour will see only red candle..
- formosa replied Apr 26, 2016
1.18-1.19 oil leading the charge likely 52-55 summer until aug, dollar strongest near elections sept to dec into mid feb 2017
- formosa replied Apr 26, 2016
wednesday i think is important day, if feds give a positive result it will sky roket the dolla and if not the Euro can bull to 1.4.. .
- formosa replied Apr 26, 2016
it will go up if the 30 min candle closes as a doji in the oversold area.It is concerned a reversal signal. Correct me if im wrong...
- formosa replied Apr 26, 2016
Guys BOJ is expected to announce more stimulus Thursday for the economy, There is no chance they will intervene directly with the currency by selling Yen, So only method left to weaken Yen will be to dilute its strength fundamentally like increased ...
- formosa replied Apr 26, 2016
Fibonacci on the weekly chart shows this is approaching 30% retracement at 1.4630 approx. 50% retracement at 1.4884 approx.
- formosa replied Apr 26, 2016
US fed reserves have more power over the forex market and they do not want a bears dominated charts at this moment in time. IMO reading the news, bears dominating won't truly get going to June when the feds MIGHT increase interest rates.
- Posts by Member Search: 'formosa'