weekly,daily,8,4 hour still pointing south... no confirmation of bottom so far on 4/8 hour timeframe also.. Monthly suddenly not looking supportive for Euro bulls ATM... the only thing positive for Euro bulls is the fact that 2750/70 support still intact so far... :) AL just might change his mind by end of this week or early next week about his 1.34/35 target by this month... :)
gl/gt
IGGY,
bounce to 1.31 is still a good possibility so far... or even test of 3250 level(as long as 2750/70 level holds).... but clear break and weekly close below 2750 would likely see only few deadcat bounce... if any... imo
clear break of 1.2000 would likely mean it's headed below 1.1875 already... but if 1.2000 holds... could see some substantial bounce from there....
Bigger picture suggests that it will be heading below 1.1875... but 1.1638 is the most important support... break of 1.1638 would likely mean breakdown to 1.10/1.11 level initially then toward parity..
the only question is... how much bounce do we get b4 the breakdown...
21xx level tested... may see 1 more dip to 2130/50.. above 2300 would signal possible recovery to 2550/2580... then expecting 1 more dip to 2000 level... b4 stronger recovery. if 2000 level holds firm... could see stronger bounce from there to possibly 32xx level... monthly close below 2000 would signal test of 1638 main support without any significant bounce.
great trades as usual... :) as i've mentioned..... only you and dave have earned my respect so far.... many jokers here...
Qing...
i enjoy your jokes... it has deep philosophical values unlike other jokers who only seek attention... :)
Jacek...
like i said... can't take you seriously... seems nobody does... trading on 1/4 minute chart only proves you'll never be able to see the big picture....
anyway good luck with your scalps and don't take it out on others when it doesn't go your way...
now most are convinced it's going much lower.... won't be surprised to see move back above 4400 level...
as long as it trades below 4280.... may see dip lower to 3950/80.. but as long as we don't see weekly close below 3980.... could see retrace back up above 4400 level...
weekly close below 3980 could see extension down to 3850 where i expect a bounce back up to low-mid 42xx level b4 heading lower to 3650 level initially...
for chartists... try to see the significance of 3950/80 level in the longer time frame... :)
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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 (10 months ago)
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I guess you have entered long posi to say such thing...
gl!!
Aud will likely see test of 97xx at least and possibly 95xx level... bounce to 1.05/1.550 level would be a perfect entry for shorts...
CHF seems to pointing north... initial target of 9550/9600... clear break above 9600 would likely see test of parity within 6 months..
for GBP... as long as below 1.65 level... see test of 1.50 level....
and for Euro... as long as no clear break and weekly close above 3250... see it moving lower below 1.18 level....
gl/gt
no confirmation of bottom so far on 4/8 hour timeframe also..
Monthly suddenly not looking supportive for Euro bulls ATM...
the only thing positive for Euro bulls is the fact that 2750/70 support still intact so far... :)
AL just might change his mind by end of this week or early next week about his 1.34/35 target by this month... :)
gl/gt
IGGY,
bounce to 1.31 is still a good possibility so far... or even test of 3250 level(as long as 2750/70 level holds)....
but clear break and weekly close below 2750 would likely see only few deadcat bounce... if any... imo
gl/gt
Bigger picture suggests that it will be heading below 1.1875... but 1.1638 is the most important support... break of 1.1638 would likely mean breakdown to 1.10/1.11 level initially then toward parity..
the only question is... how much bounce do we get b4 the breakdown...
gl/gt
above 2300 would signal possible recovery to 2550/2580...
then expecting 1 more dip to 2000 level... b4 stronger recovery.
if 2000 level holds firm... could see stronger bounce from there to possibly 32xx level...
monthly close below 2000 would signal test of 1638 main support without any significant bounce.
gl/gt
preferred scenario for now is drop below 2600 level... but if it settles above 3650 level.... might be headed much higher than many thinks...
great trades as usual... :)
as i've mentioned..... only you and dave have earned my respect so far.... many jokers here...
Qing...
i enjoy your jokes... it has deep philosophical values unlike other jokers who only seek attention... :)
Jacek...
like i said... can't take you seriously... seems nobody does... trading on 1/4 minute chart only proves you'll never be able to see the big picture....
anyway good luck with your scalps and don't take it out on others when it doesn't go your way...
gl/gt
as long as it trades below 4280.... may see dip lower to 3950/80.. but as long as we don't see weekly close below 3980.... could see retrace back up above 4400 level...
weekly close below 3980 could see extension down to 3850 where i expect a bounce back up to low-mid 42xx level b4 heading lower to 3650 level initially...
for chartists... try to see the significance of 3950/80 level in the longer time frame... :)
gl/gt