EURUSD - Trends, Forecasts and Implications (Part 1) - page 450
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My view of the move is the 1.4793 level.
this is not supposed to be a forecast.
It is correct to specify the price and the interval in which the price will reach this level.
It should drop to 1.4740 by 17:00 Moscow time.
My view on the move is the 1.4793 level.
I take it this will be the minimum of the correction of the first wave?
My view on the move is the 1.4793 level...
And past it. And the target of 1.4793 might not be reached at all today. At least not until the US, and then as the stock market behaves, so will the currency.
pushed back from 4810 just barely breaking through
And I'll be honest with you... I don't know what the eu will do locally.
Still holding my shorts. And I will keep them, but I moved my stopper to zero.
Before that, it was above 1.5160.
On the daily....
I think that if today and on Monday the growth of euro will continue, our friend will fly above the high.
The nearest target for growth (on the days) is 1.5168. If it will be there, I am going to short it again.
Actually....
If I were trading intraday, I would abstain from positions at this point.
It's a very slippery spot.
Good flat will fly well, shorts might be worth holding back maybe 1.5 has been a year high.
Good flat will fly well, shorts might be worth holding back maybe 1.5 was the high of the year.
Yes it is quite possible that it was.
I already wrote, that for me the closing of this weekly and monthly candlestick will be very decisive.
Then everything will be in its place for me.
But on the whole I totally agree, 1.50 is a BEAUTIFUL number for the high of the year :)