DislikedOutlooks For USD, EUR, JPY, & GBP - Morgan Stanley http://www.efxnews.com/story/21796/o...morgan-stanleyIgnored
what's your take on euraud ?
EurAnalysis Kindergarten 24 replies
DislikedOutlooks For USD, EUR, JPY, & GBP - Morgan Stanley http://www.efxnews.com/story/21796/o...morgan-stanleyIgnored
Disliked{quote} Yes I am, I try to create smoothed PA without the spikes..................... EJ is still long..............Ignored
Disliked{quote} E/J is just now completing wave 5 of 5 in an ending diagonal format. So, the top is "almost" in.Ignored
Disliked{quote} Yes, also ….upper channel lines are better than indicators to tell us when prices have reached overbought levels. But personal I would de cautious, the last 2 bars (including Sunday) are a bit scaring. Only me. {image}Ignored
Disliked{quote} I don't have a solid take on that pair right now. From an EW perspective it still has to complete a wave 5 up, but I'm not very confident in that count. Therefore, I have turned my back on it for now. However, considering that I fully expect my mid-term view of Aussie to play out (wave 5 down to 8400 area) and that the Euro will probably remain resilient until taper time, I'm leaning towards a bullish continuation after a small pullback.Ignored
Disliked{quote} Hey Milan. Nice of you to drop by Yes, there is definitely a sense of overbought condition here, but there is still a bit more up which is typical in a topping pattern especially with an ending diagonal where the final wave goes parabolic... probably to clean out the remaining weak bears and trap some bulls.Ignored
Disliked{quote} And I have this if I may, a bit similar, is based on the abcd pattern, which are the body of all the harmonic patterns. {image}Ignored
Disliked{quote} Here's is LC's take on E/J http://www.forexfactory.com/showthre...15#post7111215 {image}Ignored
DislikedIt seems the US Dollar bulls are back... possibly with a vengeance, but right now the daily chart is showing a MacD and RSX bearish divergence. {image}Ignored
Disliked{quote} do u find the balanced USD index better/more insightful than the weighted one ?Ignored