Eur/usd

This is a discussion on Eur/usd within the Forex forums, part of the Markets category; I attach the charts for EURUSD from the Volatility Response Model EURUSD turned short term bullish on 4 June when ...

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Old Jun 10, 2018, 4:40pm   #46
gka
Joined Dec 2017
EURUSD short term bullish, long term bearish

I attach the charts for EURUSD from the Volatility Response Model

EURUSD turned short term bullish on 4 June when it closed at the end of the day above the short term trend channel middle and inside the long term trend channel.

GBPUSD followed one day later on 5 June.

The next interaction is with the the long term trend channel middle at 1.1927 .
Attached Thumbnails
eurusd.png  

Last edited by gka; Jun 10, 2018 at 4:42pm. Reason: at 1.1927
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Old Jun 13, 2018, 7:33pm   #47
Joined Apr 2014
Eurusd

The EURUSD is still consolidating between the 1.1700 level and the 1.1800 level. There is no clear direction on the pair.
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Old Jun 14, 2018, 2:25pm   #48
Joined Nov 2014
Quote:
Originally Posted by fxstrategist View Post
The EURUSD is still consolidating between the 1.1700 level and the 1.1800 level. There is no clear direction on the pair.
traders will make a decision after ECB, as Fed hiking path seems to be unimportant now and comes broadly in line with expectations on US economy.
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