EURUSD - Trends, Forecasts and Implications (Part 1) - page 1000
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Congratulations to you too! And about the shot - with this layout, only downwards. Otherwise one should rearrange the letters :)
And according to your marking, may it go to 1.5820?
And after that it may go down, or does this move implies a rearrangement of letters?
And by the way, what will happen if we assume this move ?
I am just not a Waveist...
Axel
Dow Jones Newswires column by Francis Bray, MSc Technical Analyst /MSTA/
LONDON, Feb 16 (ANI). /Dow Jones/. Moving charts for 24 hours:
EUR/USD during the day: The pair continues the corrective rally from last Friday's low at 1.3532 and it should target the resistance at the lower high at 1.3696. However, rising momentum indicator divergences on the daily chart show that a further rally towards 1.3759 is possible. Only a drop below Monday's low at 1.3578 will target the pair again at 1.3532.
EUR/USD on the weekly chart: Downtrend.
US Dollar/Japanese Yen pair during the day: The pair consolidated below last Friday's bullish failure high of 90.43, putting support at 89.57 in jeopardy. A break there would target the pair for a higher low of 89.25 on February 10, before support becomes likely. The pair needs to surpass 90.25 in order to question the downtrend and target 90.43.
US Dollar/Japanese Yen pair on the weekly chart: Downtrend.
GBP/USD during the day: The pair is set to test the highs of 1.5740 and 1.5766 as part of its corrective rebound and the consolidation from the low of 1.5537 on Feb 8 should thus transform from a symmetrical triangle into a bearish flag. Bear-flag resistance is at 1.5797, which protects the former range lows at 1.5834. Only a break down of 1.5615 will bring the situation back under control with market participants betting on the pair's decline in the short term. In this case, the pair will target 1.5560 and 1.5537.
GBP/USD pair on the weekly chart: Downtrend.
US Dollar/Swiss Franc pair during the day: The pair corrects the recent rise to 1.0829, but the consolidation appears to be limited to the 1.0711 area, protecting the 1.0675 area. A break of the lower high of 1.0803 is needed in order to target the pair again to the February 12 high of 1.0829.
US Dollar/Swiss Franc pair on the weekly chart: Uptrend.
Euro/British Pound pair during the day: As a result of the pair's steady decline from the February 11 high of 0.8841, market participants, betting on the pair's decline in the short term, are back in control, with the pair targeting the January 28 low of 0.8603. Trading below that would take the pair to new six-month lows and open the way for a fall to the 0.8493 target. The 0.8750 area is likely to limit the pair's corrective rise.
Euro/British Pound pair on the weekly chart: Downtrend.
Euro/JPY during the day: The fact that last week's trading range was within the previous week's range indicates that market participants betting on the pair's decline in the short term will look for the pair to retest Friday's low of 121.38 and to renew the pressure on the February 5 low of 120.70. A break above 123.10 would weaken the pair's downward bias and raise the probability of a rise towards 123.90 and the February 10 high of 124.28.
Euro/Japanese Yen on the weekly chart: Downtrend.
Euro/Swiss franc pair during the day: Support at 1.4635 resisted, after which the pair showed a corrective rise. The pair is likely to target the resistance of the descending triangle pattern on the chart around 1.4705. However, at the moment, the downtrend is dominating and while the pair's growth is limited to 1.4705, a fall towards the low around 1.4635 cannot be ruled out.
EUR/Swiss franc on the weekly chart: It is in a downtrend.
AUD/USD on the day: The pair made new near-term highs above 0.8920 and continued its corrective rise from last Friday's higher low of 0.8786 towards 0.8954. At 0.8954 is the retracement level of the 50% dominant wave of decline from 0.9325 to 0.8578, but the possibility of further rally towards 0.9000 cannot be ignored either. The pair's corrective decline is likely to be limited to the area around 0.8845.
Australian Dollar/US Dollar pair: Downtrend.
*The pivot point is calculated as the sum of the high, the low and the closing level, divided by three.
-Author Francis Bray, Dow Jones Newswires; +44 207 842 9249; francis.bray @ dowjones.com; translation by PRIME-TASS; +7 495 974 7664; dowjonesteam @ prime-tass.com.
А по вашей разметке, может он на 1,5820 сходить ?
И уже после этого вниз пойти, или это движение предполагает перестановку буковок ?
И кстати, что там получится, если предположить это движение ?
Просто я не волновик…
The letters will have to be rewritten:) To WXYXZ :)
I will also say a little bit, on Gann, namely on S9 & Gann Wheel (circles24), it turns out that the fall of the Euro is over, and now the growth to 4300 is expected, the approximate picture of the movement is as follows:
it's just prices, I'm not good with time, I haven't mastered it yet.
Как вам такой треугольник и выстрел из него? Что думаете?
I agree. The triangle looks passable.
People! Look at GBPJPY :-)))
The price has been in a mega range for the last 40 hours!
Wherever it hits, that's where it goes :-)
so with a lolotick ato i'm in a sweat already i'm yaa***ing marginal already)))
Look out the other day, there is a convergence work in progress.
At least to 1,140 I think it's coming down, the acceleration is there.
Whether there will be a pullback before we get there, I don't know.
In any case, if we are lucky and a pullback does happen.... I'd get out of the pose.
People! Look at GBPJPY :-)))
The price has been in a mega range for the last 40 hours!
Wherever it hits, that's where it goes :-)
Yes, GBPJPY, GBPJPY and USDJPY are behaving similarly for the last 40 hours.
Same hazy picture.
The movement on the quid will start, which means that the Yen will be harder to hit, nothing new and as usually it is not clear in what direction :)))
http://www.fintimes.km.ru/obzory/krizis/9771
It's time to head north, let's help Greece, and then we'll go quietly...