EURUSD: The rally was over, Bear controls E/U.

FX:EURUSD   Euro / U.S. Dollar
986 13 5
Neadless to say,ECB set the case for EURUSD             trade.

They said they will increase stimulus likely in March.

Hence, the mood of EURUSD             trade is SELL.

I believe EURUSD             quickly backs to 1.0500 in the medium term.

That why I sell EURUSD             to 1.0500 last week.

Look at on the chart, the most important thing I want to share:

EURUSD             has had two months trading in a thick Kumo cloud. Today, E/U officially escape from Kumo cloud and extend the drop below Kumo.

It's mean E/U would fall more.
I’m not familiar in Ichimoku indicator, but your analysis makes sense… I’m short in EUR/USD, but looking soon for Long position around 1.0700 and 1.0650

Interesting analysis!
Very nice analysis.. I have the same view but by counting waves. But is the result that matters, right? Well done sir..!
Bro, you have to learn forex... This is so incorrect.
marzubus OLIGARCH
I'm trying to learn fx, any good resources on correctly interpreting graphs?
OLIGARCH marzubus
There are a lot of them. You are sitting in front of Computer with Search Engine. Use it. Find what best fits to you, and stick with it!
+1 Reply
marzubus OLIGARCH
Thanks @CartelVersus, I am doing that, I just hoped for some in-the-industry recommendations since google recommends stuff based on who pays more. :/ even a good book recommendation would be helpful.
What is incorrect ?. Prove it. why ? give me reason and evidence.

You can't say without evidence.

I can teach you Forex. Don't underestimate others without a good reason.
+1 Reply
I see EURUSD to hit above 1.11 next week on many hidden reasons that you didnt notice.
Sforex aymankkhlifat
When you say a reason, you need to give the clue. What I should notice , please give it.

This is the basic notion of debate.

You can't say without evidence.

Criticizing others is easy than proving that they're wrong.
Bro, yea it is going down, but later. :) So no worries :)
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