EUR/USD - longterm view

FX:EURUSD   Euro Fx/U.S. Dollar
416 3 4
The price action from 2008 high shows certain simillarities with a decline 1992-2000 in this pair. Unfortunatelly TradingView does not provide a longerterm chart on this pair. Anyway I believe that the move from 2008 is corrective a we are about to finish one move up towards 1.4422 from either 1.3453 or 1.3345 level. A possible decline from 1.4422 should be impulsive in 5 waves and should resemble the decline 10/2008-10/2000.

A break below 1.33 will negate this idea!
A break above 1.49 will negate this idea!
This scenario may be replaced by a triangle as a black wave B. In other words we would need to finish blue wave D and E first before declining under 1.20.

P.S. I am new on TradingView, so apologies if something does not go smoothly with my charts.
2 years ago
sorry, i find now what you mean. you are write 1.4175 easy, but after you to negative. 1.026 NO.
Sinuhet call.wstreet
2 years ago
??? where I write 1.4175? can not follow you. I would suggest you post your longterm EUR/USD forecast cart. That may help for clarity :-)
call.wstreet Sinuhet
2 years ago
No where i told that. but you see social investment like rats, all the time bring back. 1.359 so hold and hold and wait year 2252 when we start to fly
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener 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