EURUSD - Trends, Forecasts and Implications (Part 3) - page 723

[rem211]

rigc:
What are your thoughts?

so far the main trend is down

[rigc]

rem211:
while the main trend is down

that's what's frustrating about the hovering bay((((

[[Deleted]]

Although many forecasters and analysts are talking about a downward trend, but something is pushing me to buy the eu... (thoughts, just thoughts...)

[FoxUA]

1.4500 is not going down without a fight, but, as they say, there are prospects and here's why. There is still a buyer in the market. This buyer has moved the market to a new price level and is holding it there. There's a certain consensus price formed this week, expressed as a weekly ROS 1.4464, which is 168 pips higher than the previous weekly ROS 1.4296 and 384 pips higher than 2 weeks ago. That is, no matter how you look at it, there is an upward progression on the longer timeframes. Another nuance, yesterday this buyer pulled down the stops under Tuesday's lots and instantly bought them back to the previous values. They squeezed the weekly WPP pivot at the beginning of the hour and got out without waiting, as they were so eager to follow the break-up. As a result, we are back in the balance. What's remarkable about this week...the whole weekly rally was 144 pips, on a trendy day it's doing more than that. If they break it down, they may shoot so high that it will be hard to keep up. In general, we wait for the breakdown, and then we scalp inside the VA_Weekly 1.4492-1.4428 and inside the VA_Daily 1.4508-1.4408. On the approach to 1.4500 increased readiness.
Safe trades to all!

Author : forexpros

[rem211]

rigc:
that's what's frustrating about the hovering buy((((

where is the buy hanging?

[rigc]

rem211:

where is the buy one hanging?

above))))

[Алексей]

rem211:
so far the main trend is down

where is this information coming from? It is too early to talk about a trend change today.

[rem211]

rigc:
above))))

tell me the price)))

[rem211]

Temnyj:

where is this information coming from? It is too early to talk about a change in trend today.

I didn't say there was a trend change today.

[artikul]

Truly down )))