Goldmine! - page 56
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Good Morning all...
NFP has hit the market and EU is holding on...Trichet's comments yesterday knocked price from the red U-MLH to the second WL. Buyers trying to hold it in that area...look left. At a critical point. Let's see if the bears will whack this one some more.
Enjoy your weekend.
Take care,
FX4
Weekly wrap ups of the 10 pairs I follow on the blog and metals are now posted on the blog.
Take care,
FX4
Hello traders,
Here are the charts for EU this morning. Hanging at a critical place...decisions, decisions.
Take care,
FX4
Hello EU traders,
Below are continuation charts. Let's see what we get. Assume nothing.
Take care,
FX4
Hello again,
Here is the H4 chart for Eur-Usd. Price still holding....
Back to trading mode I go
FX4
Good Morning all,
EU looks like it may drop a little then head back up. It needs to go to the "spot" where it will give the tell for the next move. So, it is now a cat and mouse game .
H1 and H4 charts included.
Take care,
FX4
Good Friday Morning traders,
EU had a drop (caught by the WL) then a move upward earlier today. Overhead resistance if price tries to go to U-MLH of teal fork. Not impossible by any means...just what needs to happen if it wants to go higher.
Take care,
FX4
Weekly wrap-ups of the 10 pairs I follow on the blog are now posted.
Enjoy,
FX4
Good Morning traders,
Here are two views of EU...H1 and H4. The H1 of course will give more of a blow by blow of price action...a little closer than the H4. In a zone (from H1) as you can see...could be a war zone too.
FX4
Price has not made any real headway going up or down. Gold box on H4 shows the ranging...struggle. Need for price to get a stronger push from either the bulls or bears to get this pair to trend again. H1 looks like the bulls got an advantage. If price goes below the blue HL, bears may push it to the red U-MLH again. If we meet bulls there, then there could be lift off. If the bulls get aggressive, then maybe they can push from here.
Trade well,
FX4