EURUSD - Trends, Forecasts and Implications (Part 3) - page 871
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Although I have no options for a fall yet, i.e. a rise is necessary before a fall.... I'm kinda confused today =))) OK, good luck to all!!!!!!!!!!!
Portugal's prime minister to make statement tentatively at 23.30 Moscow time - media
Nevertheless, in anticipation of the announced speech, the euro started to decline slightly against the dollar.
Portugal's prime minister to make statement tentatively at 23.30 Moscow time - media
Nevertheless, in anticipation of the announced speech, the euro started to decline slightly against the dollar.
Markup by ZetM
My expectations remain the same. Why? They, expectations, are based on Prechter's markup, which, assumes a decline in the rate, as a formation of a 3-wave. A breakdown of 1.5144, will cancel the expectations of a trend change, but I do not think Prechter is wrong. After Bolton's death, he, Prechter, has no equal in Wave Analysis...)))), as for the local situation, I see it like this
tell me, where do you look at his markup?
tell me, where do you look at his markings?
Heh, just as I thought, a correction to 4840 and a flat
But at the London fixing the dollar had another bout of weakness, allowing the euro/dollar to absorb the stops posted above $1.4870 and test the highs near $1.4890.
However, the single currency failed to break through to 1.49, where it hit a new high yesterday and has now fallen back to $1.4840.
"Traders, who expecting a mild appreciation of the USD, were shorting the Euro and other currencies today, but got a classical "short squeeze" and had to liquidate their short positions.
May still be able to buy after a pullback from 1.4819, if there is a reversal.
I have a take profit at 4780. Sell from 4870.
https://www.mql5.com/ru/forum/132402/page30