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  • #4,361
  • Sep 21, 2024 12:07pm Sep 21, 2024 12:07pm
Quoting PatienceFx
what will happen next month {image}
Since April 14, 2024, the usd has been weak. Now the dollar is starting to become strong.

https://fastercapital.com/content/De...Purchase-Index
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  • #4,362
  • Sep 21, 2024 1:42pm Sep 21, 2024 1:42pm
[quote=PatienceFx;15005521]what will happen next month {
Respecting the lines i would think that price Will raise. Looking the post of Gelubrin, the price Will break the lower
line... What should i do!?
  • #4,363
  • Sep 21, 2024 6:25pm Sep 21, 2024 6:25pm
[quote=ElvisAnt;15005695]
Quoting PatienceFx
what will happen next month { Respecting the lines i would think that price Will raise. Looking the post of Gelubrin, the price Will break the lower line... What should i do!?
Best way

https://www.random.org/coins/?num=2&....ireland-1euro
  • #4,364
  • Sep 21, 2024 6:34pm Sep 21, 2024 6:34pm
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  • #4,365
  • Sep 21, 2024 7:17pm Sep 21, 2024 7:17pm
2 scenarios are possible here

  1. if price breaks 1200 it goes to 1280
  2. price breaks 1125 and drops to 975

PMI & GDP numbers should guide

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  • #4,366
  • Sep 21, 2024 9:08pm Sep 21, 2024 9:08pm
I'm daily tf eurusd target may hit 1281 plus having support over 1067 , better 89 .so little to little more correction to target bull and probably those supports test after target hit also.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #4,367
  • Sep 21, 2024 9:25pm Sep 21, 2024 9:25pm
Quoting fontu
I'm daily tf eurusd target may hit 1281 plus having support over 1067 , better 89 .so little to little more correction to target bull and probably those supports test after target hit also. {image} {image}
Beautiful welcome fontu
  • #4,368
  • Sep 21, 2024 9:44pm Sep 21, 2024 9:44pm
Quoting PatienceFx
2 scenarios are possible here if price breaks 1200 it goes to 1280 price breaks 1125 and drops to 975 PMI & GDP numbers should guide {image}
I agree with scenario 2.
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  • #4,369
  • Edited 11:48pm Sep 21, 2024 11:36pm | Edited 11:48pm
Interest rate / PMI / GDP

The decrease in the interest rate will at least favor the housing industry. Cheaper construction materials and lower mortgage rates will increase the number of houses built. This will spread in the economy through the ripple effect and will cause the PMI to increase.
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  • #4,370
  • Sep 22, 2024 4:08am Sep 22, 2024 4:08am
In addition to reduced interest rates another person is busy boosting the housing market

Inserted Video
  • #4,371
  • Sep 22, 2024 7:33pm Sep 22, 2024 7:33pm
starting a new week, let us see where this takes us
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  • #4,372
  • Sep 22, 2024 7:42pm Sep 22, 2024 7:42pm
let's see what comes first 1280 or pmi today
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  • #4,373
  • Sep 22, 2024 9:26pm Sep 22, 2024 9:26pm
Quoting Gelubrin
Interest rate / PMI / GDP The decrease in the interest rate will at least favor the housing industry. Cheaper construction materials and lower mortgage rates will increase the number of houses built. This will spread in the economy through the ripple effect and will cause the PMI to increase. {image}
Hi Gelubrin what kind of indicator do you use in your chart the last one MACD with two line.
  • #4,374
  • Sep 22, 2024 9:54pm Sep 22, 2024 9:54pm
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  • #4,375
  • Sep 22, 2024 10:13pm Sep 22, 2024 10:13pm
Quoting k.k
{quote} Hi Gelubrin what kind of indicator do you use in your chart the last one MACD with two line.

The application is called Webull and has standard indicators.
I use this application only for some analysis.
  • #4,376
  • Sep 22, 2024 10:29pm Sep 22, 2024 10:29pm
This ride up is too steep
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  • #4,377
  • Sep 22, 2024 10:49pm Sep 22, 2024 10:49pm
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  • #4,378
  • Sep 22, 2024 10:50pm Sep 22, 2024 10:50pm
Quoting Gelubrin
{quote} The application is called Webull and has standard indicators. I use this application only for some analysis.
I use MT4 and I dont have webull indicator.
  • #4,379
  • Sep 23, 2024 2:41am Sep 23, 2024 2:41am
Quoting k.k
{quote} I use MT4 and I dont have webull indicator.
It has nothing to do with MT4. It is a trading application used only in USA. It is not an MT4 indicator.
  • #4,380
  • Sep 23, 2024 3:25am Sep 23, 2024 3:25am
https://www.pmi.spglobal.com/Public/...afd2c84fceaa6e

http://uk.investing.com/economic-cal...vices-pmi-1062
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