Thread: EURUSD

Originally Posted by ;

quote I look at precisely the same chart as you...I could also see 1550, not just 1700, but I want to see a 3rd shirt first. Before FED and create a top if we go to 2050 initial. . .then this may go much lower 1550 or than 1700. The drop after 3 shirts could be towards 1100 -.

Back afterward the 3rd shirt was only 1.2034 but greatest low after was 1.1553 so a pretty good call by you. Curious as to your thoughts about highs that are coming if current potential triple shirt plays out with price attaining 1.25ish? I would only be guessing we may see 1.20ish.

so crush at top more to secure bo good 1.2550/ / 2710 or neglect at all before correction start seemingly. A round shirt from tf also okay , a spike down to up ! 1.2407/ /1.2383 or without any ! Take care ,

Support Amounts: 1.2350 1.2300
Resistance levels: 1.2480 1.2535

Originally Posted by ;

quote back then the 3rd top was only 1.2034 but ultimate low afterwards was 1.1553 so a pretty good call with you. Curious as to your thoughts about lows that are forthcoming if current potential top that is triple plays out with price attaining 1.25ish? I would only be guessing we might see 1.20ish.

I am searching to get 1.1840 if the current monthly top remains unharmed.

The USD weakened in the prior day's declines in which firmer than anticipated data and increased calls for hikes by the Fed, failed to plug the greenback's 2018 losses. This was credited to various factors including stagflation and deficit issues, while others suggested the data wasn't very likely to result to a peak of the Federal Funds Rate in the current hiking cycle.

I want to see a push up toward 1.2530 where it seems to a be sweet place to brief with a minimal risk reward scenario.

Choice expiries of note for the current 15:30 GMT cut
EUR/USD: 1.2400-05 (296M), 1.2450 (200M).

that the EUR/USD chart has shifted in accore with yesterday's news. The dollar rose to 1.2275 yesterday EUR, but today EUR/USD is trading in 1.2480, reaching a high of 1.2510. This degree is the top limit of the station, so I could predict a price reduction to the region of 1.2350 this week. If the degree of 1.2510 is disrupted, we'll see new peaks in the region of 1.2770.

The three crows this morning on the 30M chart were a huge warning that this could become a short for some time ...

Short at 1.25. SL 1.2520. TP open.

Lvl 1:2535 broken, next resistance levels 1:2560 1:2620