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  • #1,164,461
  • Mar 17, 2020 1:01pm Mar 17, 2020 1:01pm
well here is the DXY, has been greatly extended so if falls below this channel and the 200 ema then maybe eurusd will continue up atleast SHORT TERM for a retracement

Attached Image (click to enlarge)
Click to Enlarge Name: dxy.png Size: 94 KB
  • #1,164,462
  • Mar 17, 2020 1:02pm Mar 17, 2020 1:02pm
Quoting Robinhood1
{quote} I will answer you once it reaches 11500
I see what you mean. So you are gambling, got it.
  • #1,164,463
  • Mar 17, 2020 1:04pm Mar 17, 2020 1:04pm
Anyway, thinking fundamentals, the worst area now is europe. why does a currency go upĒ? because demand. Who is demanding? the big hands buying all those big european companies in the shit
POSTMASTER
  • #1,164,464
  • Mar 17, 2020 1:06pm Mar 17, 2020 1:06pm
Quoting Jrotc1sg
well here is the DXY, has been greatly extended so if falls below this channel and the 200 ema then maybe eurusd will continue up atleast SHORT TERM for a retracement {image}
I see what you mean. You are trading on short time frames which this one is 3 minutes. I was looking at weekly, daily and 4 hour chart. I see it differently and also looking at fundamentals news.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DXYweekly.png Size: 100 KB
Click to Enlarge Name: DXYdaily.png Size: 92 KB
Click to Enlarge Name: DXY4H.png Size: 93 KB
  • #1,164,465
  • Mar 17, 2020 1:07pm Mar 17, 2020 1:07pm
Quoting Robinhood1
Anyway, thinking fundamentals, the worst area now is europe. why does a currency go upĒ? because demand. Who is demanding? the big hands buying all those big european companies in the shit
At the moment, the whole world is in a bad position.
  • #1,164,466
  • Mar 17, 2020 1:10pm Mar 17, 2020 1:10pm
Quoting Techanalyst
{quote}\\ EURUSD daily. {image}
this is not a daily downtrend.

This is
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (3).png Size: 137 KB
POSTMASTER
  • #1,164,467
  • Mar 17, 2020 1:12pm Mar 17, 2020 1:12pm
Quoting Robinhood1
{quote} this is not a daily downtrend. This is {image}
I am looking at supply/demand zones. EURUSD is clearly showing fresh demand zone on a daily chart. Weekly and monthly overall is bearish. I know what a trend is, but was referring to supply/demand zones. We are not only trading based on trends, there is much more to take into counts. Supply/demand zones, COT reports news and macro worldwide.
  • #1,164,468
  • Mar 17, 2020 1:20pm Mar 17, 2020 1:20pm
Quoting Jrotc1sg
well here is the DXY, has been greatly extended so if falls below this channel and the 200 ema then maybe eurusd will continue up atleast SHORT TERM for a retracement {image}
so far looking good
  • #1,164,469
  • Mar 17, 2020 1:20pm Mar 17, 2020 1:20pm
Quoting Techanalyst
{quote}\\ EURUSD daily. {image}
Your blue box will probably be hit once it turns down from 11500 and above
POSTMASTER
  • #1,164,470
  • Mar 17, 2020 1:21pm Mar 17, 2020 1:21pm
Weekly EURUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDweekly.png Size: 44 KB
  • #1,164,471
  • Mar 17, 2020 1:22pm Mar 17, 2020 1:22pm
Quoting Techanalyst
{quote} I see what you mean. So you are gambling, got it.
I forgot to tell that i am the one driving the price up
POSTMASTER
  • #1,164,472
  • Mar 17, 2020 1:22pm Mar 17, 2020 1:22pm
Quoting Robinhood1
{quote} Your blue box will probably be hit once it turns down from 11500 and above
No, it is going down. We will not see 1.1150 until this virus is resolved. Maybe mid of April, nothing bullish before that.
  • #1,164,473
  • Mar 17, 2020 1:23pm Mar 17, 2020 1:23pm
Quoting Robinhood1
{quote} this is not a daily downtrend. This is {image}
Got news for you, both currencies have a very strong correlation.
  • #1,164,474
  • Mar 17, 2020 1:24pm Mar 17, 2020 1:24pm
Quoting Techanalyst
{quote} No, it is going down. We will not see 1.1150 until this virus is resolved. Maybe mid of April, nothing bullish before that.
11500 not 11150
POSTMASTER
  • #1,164,475
  • Mar 17, 2020 1:24pm Mar 17, 2020 1:24pm
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 17 KB
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.png Size: 31 KB
yes yes yes
  • #1,164,476
  • Mar 17, 2020 1:25pm Mar 17, 2020 1:25pm
Quoting investing101
{quote} Got news for you, both currencies have a very strong correlation.
ok so audusd will also be going up
POSTMASTER
  • #1,164,477
  • Mar 17, 2020 1:26pm Mar 17, 2020 1:26pm
Quoting Robinhood1
{quote} ok so audusd will also be going up
AUDUSD monthly.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDMonthly.png Size: 46 KB
  • #1,164,478
  • Mar 17, 2020 1:30pm Mar 17, 2020 1:30pm
Quoting Robinhood1
{quote} 11500 not 11150
You're right, you claim that from here it is going up to 1.1500 . Thank you for the laugh. Maybe 1.2000 or 1.2500 .
  • #1,164,479
  • Mar 17, 2020 1:31pm Mar 17, 2020 1:31pm
Quoting Techanalyst
Weekly EURUSD. {image}
Probably, next few or more weeks we will see consolidation in the range at 1.09xx-1.12xx. Ofcourse, because of Corona virus, anything can happen.
  • #1,164,480
  • Mar 17, 2020 1:32pm Mar 17, 2020 1:32pm
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POSTMASTER
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