ammo...thanks for the chart.it looks like the chart is saying that eurusd is at resistance..could be....the dxy chart i posted seems to confirm this..however,i think the fed wants to trash the dollar to aid recovery.so ii dont know where resistance could be.the difference being that we are all trying to predict potential resistance...that could be dangerous,especially for me..i always lose when i do that
Learning to read Price Action with P&F Charting
- Thread starter HolyGrail
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hourly cable into sunday night and monday
a triple-top break above 5750..lets see if it is support.a bullish chart.no sign of a change in trend
a move up..then look for the next support.a move down ..look for 5750 as support.if that breaks then 5750 as resistance coming upwards
hourly data
32 pips by 3 hilo
a triple-top break above 5750..lets see if it is support.a bullish chart.no sign of a change in trend
a move up..then look for the next support.a move down ..look for 5750 as support.if that breaks then 5750 as resistance coming upwards
hourly data
32 pips by 3 hilo
some guy on cnbc video saying that it is the revaluation or non fixing of the yuan that is causing dollar weakness..not fed intervention
he says 1.4600 area likely within 3 months
he says 1.4600 area likely within 3 months
qe2 seems to be the dollar weakness scanario according to many analysts
eurusd..the trend is up,uneless some new news comes in
eurusd..hourly data input
plot is 29 pips by 1 reversal..hilo
at 1.3800 area of resistance.there is a cluster of previous resistances at 1.3660-1.3688.also trend support at 1.3717 area.
any upside failure should have good support between 1.3680-1.3720.imho
if there is any breakdown,then look for this area to act as resistance
otherwise up we go
eurusd..the trend is up,uneless some new news comes in
eurusd..hourly data input
plot is 29 pips by 1 reversal..hilo
at 1.3800 area of resistance.there is a cluster of previous resistances at 1.3660-1.3688.also trend support at 1.3717 area.
any upside failure should have good support between 1.3680-1.3720.imho
if there is any breakdown,then look for this area to act as resistance
otherwise up we go
looking at eurusd..thinking it could give us some idea of what might happen on friday for non farm payrolls.eurusd has broken out,so looking at previous resistance that might act as support
chart is 10 min data input.19 pips by 1 reversal..hilo plot
res areas showing up nicely at 1.3888 and support at 1.3832
say between 1.3820 and 1.3890 is the support for this latest upmove.so,if we get a retarce back into this zone,then watch to see if it acts as a resistance.
market,thinking dollar has strength
imho
btw..3920 is the 50% retrace on the pole..the latest upthrust column
chart is 10 min data input.19 pips by 1 reversal..hilo plot
res areas showing up nicely at 1.3888 and support at 1.3832
say between 1.3820 and 1.3890 is the support for this latest upmove.so,if we get a retarce back into this zone,then watch to see if it acts as a resistance.
market,thinking dollar has strength
imho
btw..3920 is the 50% retrace on the pole..the latest upthrust column
eurusd..10 min data input
2 weeks of data
32 pips by 1 reversal
above 1.4000-1.4020 area is resistance
supports at 1.3880../previous res,could be new support ?
1.3856 area support
and 1.3820 area..a prev res,that acted as support
there are no real clues on this chart about future direction..it is rangebound now
2 weeks of data
32 pips by 1 reversal
above 1.4000-1.4020 area is resistance
supports at 1.3880../previous res,could be new support ?
1.3856 area support
and 1.3820 area..a prev res,that acted as support
there are no real clues on this chart about future direction..it is rangebound now
cable..gbpusd
10 data
42 by 1 reversal
5960 prev res..coulsd act as support,if we get another upmove
otherwise 5876 and 5834 supports
1 month of data on the chart
10 data
42 by 1 reversal
5960 prev res..coulsd act as support,if we get another upmove
otherwise 5876 and 5834 supports
1 month of data on the chart
eurusd...hourly...45 pips by 3 reversal
which way will it break ???
which way will it break ???
currency wars....
there is some negativity coming into eurusd.we have seen this pullback before so, not putting too much emphasis on it just yet
houly data input
23 pips by 3 reversal
lets see if any chinese currency manipulation has been taken out
there is some negativity coming into eurusd.we have seen this pullback before so, not putting too much emphasis on it just yet
houly data input
23 pips by 3 reversal
lets see if any chinese currency manipulation has been taken out
a closer look at eurusd..chart looks bearish.some long downthrust columns rom the top..ie.longer red columns than blue....from the second top
plenty of internal trendlines.so plenty of res if there is a bounce
victory for the dollar...possibly
1 week...10 min data input
9 pips by 3 reversal..hilo plot
plenty of internal trendlines.so plenty of res if there is a bounce
victory for the dollar...possibly
1 week...10 min data input
9 pips by 3 reversal..hilo plot