Stopped at 61.8% Lets see if bulls try again

The Swamp

M15: RSI is below 50 but in a bullish trajectory - some choppy hours ahead

EURUSD only

just imagine america going through another 4 years of this circus lol

The Swamp

fibo channel, is this a thing

The Swamp

Some kind of bullish wedge on H4/D1... Bears so weak compared to that bull run earlier

The Swamp

Liquidity trap: when rates are low enough, consumers rather hold cash than invest into bonds, because their bond portfolio would take a hit when the rates are finally hiked -> monetary policy stops working

The Swamp

A Finn here. This extreme right MEP (Laura Huhtasaari) doesnt really reflect Finlands consensus.. Officially we do support the stimulus plan, and large majority of Finns are happy with the Euro.

The Swamp

I think the past few weeks' up is because of the Europe stimulus agreement. Countries giving money to each other with no strings attached, no payback obligations.. A sign of deepening integration, huge plus for the euro in long run.

The Swamp

but thats 90% of the forex media posts lol

EURUSD only

I dont think any financial crisis results from a chart pattern.

The Swamp

my thoughts - Daily RSI overbought for 7th day straight - Stocks falling -4% atm, risk-off favoring USD - Round number resistance 1400 I dont think the uptrend has any steam at this point, better start building shorts

EURUSD only

Agree. With the recent converging of interest rates, its only logical the yearly trends reverses up Then again, who cares about year charts here lol

EURUSD only

H4 chart. What are the odds you will catch the top here?

EURUSD only

Yeah theres already infinite QE in place, you cant get much more dramatic than that

The Swamp

I think that indicator is a bit noisy A bad trader doesnt make bad trades 100% of the time, but exactly 50% of the time.

The Swamp

Nervous PA... Spike to 1400 incoming?

EURUSD only

Still a range play, just wider range.

EURUSD only

My deja vu

EURUSD only

Last several day's rise was pricing in this PEPP expansion. Buy the rumor, sell the press conference.

EURUSD only

Both premarkets are pretty wild.... Too early to say for sure, but looks like some upgap rather than downgap. url url

EURUSD only