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Also agree, just have to wait for the entry point during the European session
Here is a corrected forecast based on M5
Green lines of price direction on M5
here is the adjusted forecast based on M5
Green price direction lines on M5
Only one thing is worrying a lot of news today
for the Eurodol
поддержка 1.4611\1.4559\1.4507\1.4475\1.4423
сопротивление 1.4643\1.4695\1.4748\1.4780\1.4832
And this is what I get:
the triangle on the clock goes....
And this is what I get:
the triangle on the clock is going....
>> it's a distant triangle, it's gonna break earlier by a lot.
My opinion is that eurusd will go down today by 100-150 pips
Triple resistance line touch + double top, let's see
I think there is a triangle on the small ones. And it should kick up now, maybe on Swiss news. We'll see...
GMT
08:30 UK Harmonised Consumer Price Index
08:30 UK Retail Prices
09:00 E16 Labour Cost Index, y/y Q2 3.4% 3.7%
09:00 Germany ZEW Economic Expectations Index September 58 . 9 56.1
12:30 USA New York Fed Manufacturing Activity Index September 12.1
12:30 USA Retail Sales Excluding Cars August 0.4% -0.6%
12:30 USA Retail Sales August 1.4% -0.1%
12:30 USA Producer Price Index
14:00 USA Business Inventories July -1.1%
12:30
July
DCLGhouse price index (y/y)
-9.5
12:45
King, Darling inflation and monetary policy/Inflation Report Hearings speeches
on the pound addendum, msg time
Dollar has worked off the bottom clearly now starting to move upwards....
The upside direction is corrected...the downside is fully worked out...the upside direction is corrected...the upside direction is corrected...the downside is fully worked out...