If it passes through the mid channel, could hit the 38.2 fib next 24...just an opinion
thoughts?
EurAnalysis Kindergarten 24 replies
DislikedPT
Excellent job.
I would explain the price movement just a bit differently.
Yesterday, central banks lent billions of dollars to European banks. These banks then converted their USD into Euros. Massive buying of Euros, no selling. Price pops. This is a bit simpler than concerted action by central banks.
That the central banks knew this... and timed it to a bit of happy thoughts inspired by speaches...and facilitated this by lending the money in the first place...yup.
BOJ is another problem. The bottom line is that the BOJ wants...Ignored
Quoting chodd22;DislikedAttachment
If it passes through the mid channel, could hit the 38.2 fib next 24...just an opinion
thoughts?Ignored
DislikedThe currency war:
BOJ = wants yen to weak
SNB = wants chf to be weak
Feds = wants yuan to be strong
Yen weak = USD strong
CHF weak = Euro strong
Yuan strong = USD weak
Can anyone find an equation to find the solution based on EU???
Ignored
DislikedThe currency war:
BOJ = wants yen to weak
SNB = wants chf to be weak
Feds = wants yuan to be strong
Yen weak = USD strong
CHF weak = Euro strong
Yuan strong = USD weak
Can anyone find an equation to find the solution based on EU???
Ignored
DislikedI have found one truth that is always true about forex. What goes down must come up and what goes up must come down. Sooner or later the reversals always come.Ignored
DislikedI have found one truth that is always true about forex. What goes down must come up and what goes up must come down. Sooner or later the reversals always come.Ignored
DislikedI have found one truth that is always true about forex. What goes down must come up and what goes up must come down. Sooner or later the reversals always come.Ignored
DislikedHey guys, I would like to point out that this is not the first or even the second time in recent months that we have seen the 750 pip pop.
I have finally broken down and attached a chart.Ignored