E/U daily recommendation!

Supports at 1.5756 and 1.5743 should hold the downward correction . After which a big upmove could occur . Stop loss below 1.5743 limit.

EUR-USD
It should test 1.5641 area after which a sell off down to 1.5489 or extended to 1.5421 area is expected.

EUR-USD
Current fall is near an end of wave around 1.5395 - 1.5418 zone, a rally should then procede to above 1.5462 or 1.5476. Fall below 1.5383 would cancel this scenario.

Good call! I don’t use EW (which I’m assuming is what you’re referring to by “wave”), but our analyses lined up perfectly: I bought this morning at 1.5385… :wink:

EUR-USD
Difficult to predict next move. It should stay in a trading range between 1.5520 - 1.5756

EUR-USD
Currently uptrend should end around 1.5915 - 1.5839 area. A correction down to below 1.5636 is expected. A rise above 1.5909 will abort the expected correction.

EUR-USD
While below 1.5703 or 1.5745 it could fall towards below 1.5562 or 1.5479. After which a corrective/consolidation activity is expected.

I can see it fallibg below 1.5562

you think it toped out at 1.5836?

Short At 1.5936
Take Profit At 1.5750
Stop Loss 50 Pips

bolinger band : normal setting, stochastic : 5,3,3 , rsi 2 at
t/frame hour
eur/usd short at 1.5936, take profit 1.5750 , stop loss 50 pips.

eur/usd setting:bolinger band default setting,rsi 2 , slow stochastic 5,3,3 at 1 hour scale, 5min scale
short at 1.5936, take profit 1.5750 , stop loss 50 pips

Hi everybody :slight_smile:
I will share my prediction on EUR/USD this week.

this week Eur/Usd still go up, although today may reach arround 1.5858.

sorry, if i have bad english :wink:

bolinger band normal setting , ema 5, 15 , 25 set at 4 hour scale. target reach at 1.5750 as my predict . i change the setting most of the time.
chk out the ema 5, 15 and 25 at the scale on 9/7/08 and monitor at today level ema 5 move down before to cross 15 and 25 . ret level 50% reach before set a new trade.
good luck

i monitor the wave at macd with the setting 52, 24 ,18 . gap there before it move down. it will reach at target 1.5750 . after all pls proceed with the new trade idea.

rsi 14 at 8 hour scale showed DIVERGENCE.

This is my prediction today.
after Eur/Usd reach arround 1.5875-1.5880 it will go up
:wink:

Are you guys basing your predictions off a weekend or something because when I go back I dont see any of that for those days.

Ok, this thread is dead. To liven things up - i’m looking at the hourly chart, i went short @ 1.39470. In my opinion, it’s goin dooown.

This current rally is at less of an angle. Price may bounce off the last daily chart high and make a long travel to the downside.

Daily

By dunndigidy

1H

By dunndigidy