Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20050822 Big candlestick indicates buying. The expected rebound from the severe downside move. Would be looking for shorts 1.2300-1.2310 level for retest of the lows going forward.
EURUSD chart
posted by emacro @ 7:52 PM
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