FX_Trader_Analyst
Long

Correction for EURUSD

FX:EURUSD   Euro Fx/U.S. Dollar
Important week ahead for EURUSD             . In US ( ISM, NFP and Unemployment ) while in EUR ( CPI             and bank rate decision) will be driving forces behind EURUSD             move.

I expect short term bullish correction to be initiated by the bounce from 628 Fib retracement at the support levels 1.118 until 1.14 area will be retested and one might consider to rejoin bearish long term move.

Correction might be driven by expectation of FED not rising rated in September but rather December
thanks
Reply
EUR/USD LONG AT 4HOUR

Same idea.
Gook luck to us.
Reply
Good luck or right entry :)
I'm in from the Sydney open
Reply
JamesZhang FX_Trader_Analyst
Nice meeting you.
I am having my undergraduate program in New York
Reply
James it seems to me that you are using different prameters for your MA on the chart and different set of of EMA on MACD.
Any specific reason?
Reply
JamesZhang FX_Trader_Analyst
Morning Sam.
Actually, I am using the simple Moving Average Lines and regular MACD with 12 fast length and 26 slow length.
The MAL helps me to judge the market in the down-trend or up-trend .
The regular-parameter's MACD helps me to find the good positions of building order, sometime reveal a need of correction.
And I usually use Fib and Resistance&Support position line as well.
For instance a AUD/NZD I published yesterday.
And these are my analysis combination.
AUD/NZD One Position Gives The Direction of next week
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out