Can you please explain this long position in EURUSD at 1.4865? As per my analysis, Stochastics and RSI are not supporting the retrenchment. And immediate trendline is also broken in H4. (I was thinking of taking a short position)
Again, in many cases, once making new top or bottom, the prices tend to move back. We have seen that in GBPUSD, EURUSD. How to guard against this. Is this on daily timeframe or weekly timeframe??
Thanks Nzvik, Is the turtle trading same as one turtle group started by one Mr Richard for commodities trading. Some of them were quite successful. I have read it
One reason for this upmove in EURUSD seems to me the perceived weakness in USD following the weak NFP data. I thought EUrUSD wd move up. However, less downside in stocks was surprising. Do you still see the level of 1.4445 in today's session?
I am sorry to keep my question brief. I knew it wd be bearish. I wanted to know how much bearish (levels). specially for eurUSD. Further, should not oil be below 66 for a few trading session to finally move to 'definitely bearish'?
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (9 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (9 months ago)
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Gold, Bitcoin, USD Combo
I mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail.
View Hot-Chart..
Can you please explain this long position in EURUSD at 1.4865? As per my analysis, Stochastics and RSI are not supporting the retrenchment. And immediate trendline is also broken in H4. (I was thinking of taking a short position)
Rgds
Rajesh
Can you please explain the breakout technique in detail. I tried it 2-3 times, but am not sure whether doing it right way. Thanks
Rajesh
One reason for this upmove in EURUSD seems to me the perceived weakness in USD following the weak NFP data. I thought EUrUSD wd move up. However, less downside in stocks was surprising. Do you still see the level of 1.4445 in today's session?
Will the Abbott M&A deal with European company be positive for EURUSD?
Rajesh
I am sorry to keep my question brief. I knew it wd be bearish. I wanted to know how much bearish (levels). specially for eurUSD. Further, should not oil be below 66 for a few trading session to finally move to 'definitely bearish'?