Dislikedit should do a pull back to 20 , at least to 32 before make any further moveIgnored
Looking to enter EUR/USD at 16 though I am not sure if that would be a farfetched target considering all the consolidation around the 81-60 range.
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Dislikedit should do a pull back to 20 , at least to 32 before make any further moveIgnored
DislikedIgnored
DislikedI haven't used monthly pivots but that line at 1.25744 sure LOOKS like it could be a pivot.
I tried doing the calculation w/monthly min, max and close though and got something else: 1.2666 ... I also checked a website (ActionForex) which lists 1.2660 for the current monthly pivot.
That level is on my charts as the high from last Tuesday, and it roughly capped yesterday's up move. So it's something.
How did you get that level as a "monthly pivot"?
Looks like Eric_D is signed out --- would anyone else know?Ignored
Dislikedyup I got 2660 too, wasnt going to argue, dont use them other than monthly, got no idea how got his levelIgnored
Dislikeddaily pivot point at 2536
R1 @ 2630
S1 @ 2486
if spanish auction goes well price could reach R1.
expecting unemployment to be worse than expected but not taking any position before the actual data.
for now, price is expected to retrace to 252x region to meet with 50-EMA on the 1H chart.Ignored
DislikedI use eSignal charting software. Today it shows dailypivot at 1.2535, R1at 1.2582 & S1 at 1.2484Ignored
Dislikedh4 looks very bearish to me. however we are still in strong short term uptrend. better to be considered as retracement. price has only retraced about 25% of the big fall. so i think 620 is possible today, but a drop could start at frankfurt open. 520 is still of big importance to me. if we break that, we will be back down again.
spanish auction will have something to say too.Ignored