DislikedBased on 4h: Bears dominate the main trend, but for NOW we see that bear momentum is weakening. Therefore, I expect the price to retreat to 1.075 - 1.079 levels. {image}Ignored
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DislikedBased on 4h: Bears dominate the main trend, but for NOW we see that bear momentum is weakening. Therefore, I expect the price to retreat to 1.075 - 1.079 levels. {image}Ignored
DislikedGuys, what do you think about these words from Lagarde? Is it possible for the ECB to postpone the rate cut, because this can lead exchange rate close to parity? On the other hand, the the growth in the EU is slower than in the US so sooner or later ECB need to cut the rates to avoid recession. {image}Ignored
DislikedGuys, what do you think about these words from Lagarde? Is it possible for the ECB to postpone the rate cut, because this can lead exchange rate close to parity? On the other hand, the the growth in the EU is slower than in the US so sooner or later ECB need to cut the rates to avoid recession. {image}Ignored
DislikedBased on H4 and magnetics, I marked ~1.0710 area as nearby target... Let's see if bulls can reach it.. {image}Ignored
Disliked{quote} Blue channel up, closed my buys here, as we approaching resistance {image}Ignored
DislikedGuys, what do you think about these words from Lagarde? Is it possible for the ECB to postpone the rate cut, because this can lead exchange rate close to parity? On the other hand, the the growth in the EU is slower than in the US so sooner or later ECB need to cut the rates to avoid recession. {image}Ignored
Disliked{quote} Hard to make out anything out of the charts atm. I think this is the battle being fought at the moment, the bears trying to stop the bulls from making a H&S for a reversal / correction. The hourly is setting up for a further push downside in my system but the last candle is incomplete so waiting. I will loose a few pips where I am atm but looking for a final bull push before closing trade. {image}Ignored
Disliked{quote} If eu drops down to lets say parity eurozone must pay more for the goods that it imports from the us and this should raise the goods prices and eventually inflation. Simple economics.Ignored
Disliked{quote} Imo looking like bulls ftw for a hard correction of the previous 4hr swing, I think it will take a news swing for the bears to get back on board from here. I will be trading the ST charts waiting for the right shoulder to confirm the H&S. As always it is only a forward thinking exercise but always ready to turn on a pin (metaphorically speaking) as more information comes to light. {image}Ignored
DislikedAB = CD formation is going on so that will hit my previous post target {image}Ignored
DislikedI hope it will hit my target and more as I am looking the chart which shows that the UPTREND is resumed now and that to be BIG TIME one {image}Ignored
Disliked{quote} I am short with the current 1:1 completion at my hard daily support/resistance level. At this stage not willing to give too much room for at this point I can't find an entry signal on the candles for my system. {image}Ignored
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