The 2016 July lows stopped the decline yesterday. I'm waiting for ECB to call the EurUsd bottom this week. The decline slowed down. All the indicators are showing divergencies. TSI is coming back from 2015 October levels. MACD has turned up from near- Brexit levels. We might have the bottom in or we could have one more fast drop down below 2016.07.24 lows. I don't think the 2016.06.24 (Brexit) lows could be taken out.
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Arrived into the blue box. Buying here.
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I think we bottomed with the hammer in the last hour.
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Finally they broke the brexit low. What a panic selling it was !
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UnknownUnicorn540299
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We're getting close. I made a very interesting discovery about the dollar pattern today. It likes to rally in some special time-zones :)
And since EUR is majority of basket, my analysis support this view. I think the dollar will top next week and the Eur should make an undercut bottom.
Hks6996
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I have not traded forex yet... still learning, do not have a forex account
Hks6996
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Arpi, I was looking for a leveraged ETF buy for the Euro or to make money on the future up move on this... I did not find any... any suggestions on this????
chartwatchers
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Isn't the simple forex EurUsd enough? I don't use the leveraged ETF in currencies.
Staxs
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March double bottom perhaps is on the cards.
PowerOfCapital
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I won't buy at this level. One more fast drop down for me.
And since EUR is majority of basket, my analysis support this view. I think the dollar will top next week and the Eur should make an undercut bottom.