EURUSD only

Quoting ztrader247

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Guys, I have a quick question, which does control the Euro against USD, does euro control USD or USD control the Euro pricing?

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Quoting halkins

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{quote} Nothing controls anything here, but when it comes to forex, USD actually has a greater influence on most currency pairs

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Quoting Avir

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Wow, I recently felt that my avatar on Forex Factory was outdated and of low quality, prompting me to consider changing it. To do so, I sought the assistance of an AI (DALL-E3). I provided the prompt: "I would like to create an image of a Chessboard with the king in red colour positioned at the forefront, while the pawns stand in the shadows behind the king in a jade hue." Then I used Google One (Photos) to enhance it. And the result I received was nothing short of stunning! {image}

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Quoting Avir

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Wow, I recently felt that my avatar on Forex Factory was outdated and of low quality, prompting me to consider changing it. To do so, I sought the assistance of an AI (DALL-E3). I provided the prompt: "I would like to create an image of a Chessboard with the king in red colour positioned at the forefront, while the pawns stand in the shadows behind the king in a jade hue." Then I used Google One (Photos) to enhance it. And the result I received was nothing short of stunning! {image}

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Quoting ztrader247

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Guys, I have a quick question, which does control the Euro against USD, does euro control USD or USD control the Euro pricing?

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Quoting Js3mwtRc

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{quote} Beautiful colours! 1 year earlier this would be magic. AI is in our lives for well! If, we use wiselly it can be a great tool for trading too.

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Quoting Avir

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Observing the weekly chart, two distinct triangles have emerged. Following yesterday's appearance of a Gravestone Doji candle, price action failed to make significant moves, remaining within a tight range of just 30 pips throughout both the Asian and London sessions. As we await the conclusion of the week, all eyes turn to the New York session. Should the weekly candle close below last week's close at 1.0774, it sets the stage for an intriguing start to next week, particularly as we approach the month-end close. {image}

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Quoting Js3mwtRc

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EU is muted here at the trendline, the next week will be very critical for its development as US PCE numbers will be out. 4 hours {image}

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Quoting Avir

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{quote} In all honesty, I've found that monitoring the 4-hourly candle can be a bit confusing due to the variations(In Candles) seen across the Asian, London, and New York sessions. As a result, I've opted to exclude this timeframe from my analysis altogether. Instead, I focus my attention on the monthly, weekly, daily, hourly, 15-minute, 5-minute, and 3-minute candles. Throughout my years of trading online (I used to be a hard currency trader before), which spans decades, I've developed a strong preference for exclusively trading the EUR/USD pair....

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Quoting chacho.fx

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{quote} Im really so curious at what it is you mean by this. I’m shocked at how bad you explained yourself. It’s as if you smoked a bowl before typing this, read it, and hit post anyway. There is no controlling this or what. The EURUSD is a major forex trading pair that determines the price in USD it takes to buy 1 EURO. As of right now it takes 1.081 USD to purchase 1 EURO. What we do in this forum is show analysis and different possible outcomes, and speculate on the future prices of said currency using data and strategies.

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Quoting Mihisti

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Ata, I like your idea regarding the weekly chart which can determine the next week range. It was easy when it was in the channel. After broking the channel, you have a solution to forecast the next weekly candle range? It was a pleasure to read all of your posts. See you soon Sunday at the Forex Church.

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Quoting ztrader247

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{quote} So you are saying that the Euro does not have anything to do with the USD Index?

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Quoting Darfirst

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{quote} Now I'm confused. No one currency controls another! It's other factors...LOTS of other factors that go into price movements.

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Quoting ztrader247

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{quote} So you are saying that the Euro does not have anything to do with the USD Index?

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