EURUSD

Quoting Don96

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Smaller timeframe (m5) Trend line on UJ if anyone is playing it they always do look top heavy after a rally... people called the same after 400/500 pips in UJ.... 1700 later and the same can be said... but there is always potential - UJ looks like it wants more Dollar rally has to come to end at some point? triple top on USD chart ------ longer we spend up here on EU, more positions will be soaked... trigger either way... Shorts being soaked here atm for a spike higher or a movement higher? which one? {image} {image}

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Quoting MarianneOslo

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/ Now evryone think the USD is going to heaven. Yes the trend is Down but the trend will change. Look at the history of the USD. Evrytime the USD goes up it goes down again back to track. Look at USD/ YEN . It has risen from 65 to 117. The euro /USD 1,4 to 1,04. So if one looks at the history in the1980, 1990 s and the 2010 the same pattern. The USD goes up and straight down again.THe US can not sit and wath their competion againt foreign countries be destroyed. The USD will come down the question is when. We will see QE 4 in the future. US debt...

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Quoting Neqrotik

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here and now I think EU goes up.

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Quoting TudorIoan

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{quote} Higher than 1.0499 the Dec. 22nd High?

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Quoting Nightingales

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{quote} Gold and most commodities including Oil are quoted in USD ergo, there is a purpose of having strong USD About the turning point... The question is, when is the surest time to enter long on USD. I think nobody knows exactly when. I will enter a trade whenever I see a good chance, up or down. I play safely with SL and TP. As long as my TP is greater than My SL, Ill be good

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Quoting MarianneOslo

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{quote} I trade also when I see a good chance. I try to be patience and not have to in the market all the time. Your remarks abouth the oil price and gold. Has gold bottomed? A rising gold means a lower USD.Gold is a hegde againt the USD. Has oil bottomed? A rising oil price mens lower USD. Then we have Trump. He will make the USD og lower to get more competitive. US has too much debt and must have lower rates. Trump knows this. I saw a video from him 10 years ago claiming all the countries weakening the currency to be comeptable. He will do the...

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Quoting Neqrotik

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here and now I think EU goes up.

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Quoting Don96

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{quote} What is your reason ?

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Quoting Neqrotik

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{quote} Just PA really. But it doesnt seem to be holding. Either way I dont really see Parity happening so easily. Dont think a 450 pip move is gonna be laying down so easily for people. Especially with due dollar retraces. Theres a continuation pattern there thats being respected. For now thats about the only thing its got going for it.

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Quoting Don96

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{quote} Yep I agree You have gone from saying it's going up here and now implying small.timeframe move... yet you are looking at larger 450pip moves? :/

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Quoting Neqrotik

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{quote} It will be challenged. Either 1 of 2 things will happen here for EU. Either Dollar shorts will be funneled into CAD and oil follows through with its gargantuan breakout or EU will go up to challenge the Dec 22 high but will have a very muted and cautious rise. But either way, from a fundamental perspective, TRADE being the slogan driving expectations right now if the double top on UCAD doesnt get taken out the entire 2017 will be a UCAD short. So that being said, UCAD is the surest low margin vehicle out there to ride out dollar depreciation....

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Quoting TudorIoan

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{quote} You relate so tight E/U with U/C and oil... ok, maybe you're right, beats me (maybe you deal with more solid information than I). But I'm rather worried about Trump effect in the US economy and foreign policy. And that makes me reticent at any long term outlooks.

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Quoting Neqrotik

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{quote} Totally hear you. I ONLY ONLY say this as we are at such extreme prices across the board. Obviously if we were well within a mature trend, the shifting catalytic fundamentals are hardly worth mentioning.

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Quoting MarianneOslo

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{quote} I trade also when I see a good chance. I try to be patience and not have to in the market all the time. Your remarks abouth the oil price and gold. Has gold bottomed? A rising gold means a lower USD.Gold is a hegde againt the USD. Has oil bottomed? A rising oil price mens lower USD. Then we have Trump. He will make the USD og lower to get more competitive. US has too much debt and must have lower rates. Trump knows this. I saw a video from him 10 years ago claiming all the countries weakening the currency to be comeptable. He will...

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Quoting Nightingales

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{quote} When was the time the US has less debt? Lower Rate Yes I know, any corporation, especially export-oriented, would love to have a declining of their own currencies for the purpose of their competitiveness in global markets and also to have cheaper liability and cheaper running costs since declining currency will induce inflation. which is good for them. I didnt say that gold, commodities, and oil is bottomed. What I did say was, there is a purpose of having strong USD, meaning, a purpose for some

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Quoting lexux

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who can see SHS pattern in 4hr chart.... target 1.06

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Quoting tehnobyte

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{quote} Yeah I am seeing big V like victory only don't know for who sellers or buyers . Maybe it's time to call Nostradamus

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