EU has broken down from it's latest attempt at a trend break out. Having failed to progress it is now coming back down and has just completed the week by breaking down from its first retrace after the initial drop from the top. Continuation is expected and a short position was entered at 1.1126.
交易進行:
Should continue down to the 1.07 area from here.
交易進行:
Expected a retrace, but it looks to be continuing to target around 1.07
評論:
Expecting a correction into the 50% zone before continuation down.
交易進行:
Profits were taken with the dot cross on the move up, but a long was not initiated. Currently a top has not been established and it has closed well above the 50% zone. It could retrace right up to (or through) the 100% level. It could also put a wick across the 75% line and reverse. We'll find out next week.
評論:
Mistake above: it's the 7/8 line, not the 3/4, that needs to be confirmed as a limit here. It could easily keep going higher. Time will tell.
交易進行:
Strong move up may be finished, but it has not developed a top just yet. Staying short around current price for a pullback at least to 50% of the run. CV could put more pressure on the pair over the coming couple of months.
交易進行:
Waiting for a HiLo Activator short entry to develop.
交易進行:
target level is around 1.1360.
交易進行:
Delay of game for a retrace. I still think it will go at least for the 75% line if not the whole 100%.
交易進行:
Could go either way in the short run. Will enter long if indicated otherwise I'll wait out a retrace and then go long.
交易進行:
Short from 1.10. Looking to see if this support breaks.
交易進行:
Short from near the high at 1.0996
交易進行:
Should head lower this week.
交易進行:
Short from 1.1325 on the RSD. It won't be confirmed until Mon/Tues with a lower low, but it looks pretty good so far.
交易進行:
Whether or not this continues down will be up to the strength of DXY. If DXY continues to recover from its dive, EU will continue down. First stop around 1.10 and then on to somewhere around 1.06.