EURUSD - Trends, Forecasts and Implications (Part 3) - page 957

 

The eurik has so far broken through a small one hour channel. I closed my buy with a 30 pips profit for now. By the way the 1 hour head and shoulders are starting to work themselves out!!!!

 

And where is the finish line?


 
Ilap70:

And where is the finish line?


I think 87.70 is still to come down. The trend line has been broken and tested - so I think the sell is clear. And in general - this model is called "Failed Swing". If you are interested here is a link where you can look at it http://intermarkt.ru/content/view/177/218/
 
Ilap70:
Gut!
In fact - it's a model called "The Failed Swing". If you're interested, here's a link where you can find it http://intermarkt.ru/content/view/177/218/
 
Hey, people, what's the big fuss? Are we counting the profits?
 
herzogtier:
In fact - it's a model called "The Failed Swing". If you're interested, here's a link where you can find it http://intermarkt.ru/content/view/177/218/

My levels are 0.8782, the next one is 0.8718
 
Ilap70:
My levels are 0.8782, next 0.8718
Leaning on the first support? Good decision IMHO :). And in general, the price went back to the Fibo fan. By the way, we should not forget about the unsuccessful swing seen on H1. So far, this is just a correction in my opinion, as the price barely broke through the 23.6 Fibo line and is moving rather precariously to 38.2. I advise you to follow the news - the situation with the dollar will clarify things for you. Well, I think you have nothing to fear - you are already at breakeven :)
 

What will happen?


 
Ilap70:

What do you get?


Very much like a head and shoulders. We have to wait for the blue line to be tested - if it bounces back down there is a good chance of a move down.


 
margaret:

NEW YORK, May 13 (ANI). /Dow Jones/. Commodity markets are volatile and some observers are calling the recent sharp downward movement in commodity futures anything but calming.

>In particular, oil and silver futures prices are said to have been particularly affected by movements in the euro as traders sought to get rid of risky assets, including commodity currencies. On the other hand, it appears that a new wave of growth awaits the Euro.

>If there is a correlation between the euro exchange rate and commodity prices, it is likely to be huge.

>Considering that the high of the 11-month uptrend is at 1.4946, a rise above 1.4460 would be a good start of recovery.

Good afternoon everyone. We are holding positions until Tuesday, Wednesday. And then we'll see where we go up. :-)). Once again I suggest to pay attention to the pair UK_OIL next week there are still chances for long term sell for two, three months to 68-72