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umardar
Sep 3, 2014 12:02 AM

EURUSD AUG-SEP View 1 

Euro Fx/U.S. DollarFXCM

Description

Likely to hit 1.3080 / 1.3067 / 1.2998
Comments
Ryan_Tyler
Yeah Agree. I have short trades from top. Let's see
umardar
Thanks, not very hard to figure that out, was it :)
Initial extension levels reached. I think before this week ends we will see slight pull back
since AUDUSD has weakened and USD seems to be still strong on CAD CHF and YEN
we might not expect much upside, but whenever it comes tomorrow or day after it will be
big. Volatility been absent from the FX markets for a while, last month alone i struggled with EURUSD
posting 35, 44 pip range on days. But i guess with he recent dollar strength now matter what the fundamentals
line up we will volatility may play back in the markets again. I will do another chart on EUR and its crosses later.
Also watch out for equities pullback or making corrections in trends, do notice the NASDAQ daily chart and watch out for lately every time big time volatility hits nasdaq and you big volume candles the trends changes or continues adead. Any move there will be replicated else where on the markets.
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