SignalSwiss

EURUSD: Intraday update (SWING)

FX_IDC:EURUSD   EURO / US DOLLAR
640 15 18
Levels & Models on Chart
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Is it likely to have a sell pressure due to fundamentals? There is a sentiment of reaching the parity before june-september, when the FED would raise rates (or not).
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I think the rates will remain unchanged at least until December, but there are still a lot of net positions (short) that need to be closed, so I will not be surprised to see a bearish attempt...
+3 Reply
NewActarus SignalSwiss
good
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that's just the consolidation inevitably the Fed increases the interest will protect its economy
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SignalSwiss TOP Sandro Rogerio
"...will protect its economy" ...are you sure?
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"C" point in development....
+2 Reply
Very similar to the setup I posted on Sunday, EURUSD is sticking to the script for now :)
Good job !
EURUSD - classic 2618 trade
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SignalSwiss TOP Nico.Muselle
yes, just that I have posted 4 days ago.... :)
+3 Reply
SignalSwiss TOP SignalSwiss
EURUSD: Final bearish leg?
+2 Reply
Excellent, maybe it was seeing that which inspired me to do my own analysis on the pair. Anyway, good call ! :)
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UPDATE: correct movement up to this point, the next two candles could give us more info...
+1 Reply
SunnyBTC PRO SignalSwiss
I like it. Good trade idea there well done ;)
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Hey. Looking at the harmonic, i believe it currently fits the template of bullish crab, given the 61.8% B retracement of the X to A leg. If this is the case, then it would require the C leg to reach the 88.6% around 1.08270 to validate and this would give us a pretty solid 1.618 target for shorts around 1.0314. This also coincides with my elliott typical wave C target and major decision point area, so there's plenty of confluence there for a hard bounce.

Hope you don't mind me posting this here, it's just an edit of your original chart with possible wave C/5 targets on there....
snapshot
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eurusd like to create a similar situation .... You have my own view, and I agree ....
+1 Reply
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