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ChiForex replied Apr 7, 2021Indeed, Forex no longer like 5 and 10 years ago. Maybe due to lot of different types of algorithms entered the game and fucked it up. Every one with few hundreds and thousands want to be a trader, enters and trades stupidly..little stupid trades ...
EURUSD
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ChiForex replied Apr 7, 2021After the expected movement happened and the big bounce off monthly support 1.3720s to 1.3790s but the big fall from there is a sign that support will sooner or later be broken, gradually toward my long term down supports as said before...although ...
Cable Update (GBPUSD)
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ChiForex replied Apr 7, 2021Dude I know how EC works..leave it to me
The days of SNB 100 and more pips interventions ended long years ago with the peg. Same as BOJ ones did.. Clearly after the FED especially with other CBs were unhappy and raised the voice.. CB just need ...EURUSD
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ChiForex replied Apr 7, 2021Nothing keeping Euro strength than SNB curbing chf strength by buying Euro, just look at manipulation in Eurchf pair that should fall to near 1.10 first. At later hours EC always falls as SNB folks go to

Expecting same today. Of ...EURUSD
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ChiForex replied Apr 7, 2021Never open a nearby price buy after such Big Bearish 4hr candle..look at around my said 1.3730
Cable Update (GBPUSD)
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ChiForex replied Apr 7, 2021Bro you better scalp shorts with the trend..look how many bounces so far from 1.3830s, you were enough for the day.. Your buy level might not be reached except later when you would not want to have an order at that time..
Cable Update (GBPUSD)
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ChiForex replied Apr 7, 20211.1889 clear resistance, but I see a possible fake out to 1.1900s or even 1.1930s, all good to add shorts before FOMC as selling the rallies of monthly retrace.. Good Luck

EURUSD
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ChiForex replied Apr 7, 2021Hold your balls strong, do not crack folks
Nothing changed, just sell the rallies, 1.3918 lower higher already placed of long term resistance trendline that is decreasing to 1.3875-90 now, then 1.3850 and in no time ...Cable Update (GBPUSD)
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ChiForex replied Apr 7, 2021And they are still buying
Downgrade your buys for short term trade around 1.3730 low
Cable Update (GBPUSD)
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ChiForex replied Apr 7, 2021Remarkable that chf pairs led the fall before GU fell by a whopping 5 mins.!
Cable Update (GBPUSD)
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ChiForex replied Apr 7, 2021Had done 31 first then went to the 39, don't mind the 8 pip drawdown

Cable Update (GBPUSD)
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ChiForex replied Apr 6, 2021Weekly resistance 1.3840-50s, IMO stretch to 1.3918 was just for higher retrace on monthly and perfect entry
, another lower high(1.3918) on the work to be confirmed on both daily and weekly, for a clear reason that above 1.3920 is ...Cable Update (GBPUSD)
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ChiForex replied Apr 6, 2021I'm telling you GU crashing to 1.3450s but folks here worried of possible 50 pips upmove

There's something named risk to reward for a reason.Cable Update (GBPUSD)
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ChiForex replied Apr 6, 2021GU holding from contuining downward just due to EU that will stop advancing soon. Only if EU can go up to 1.1940s by first daily closing above 1.1880, GU might test somehow nearby recent highs. Both are long term bearish anyways

Cable Update (GBPUSD)
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ChiForex replied Apr 6, 2021Major resistance soon around 1.1877, bears will try a daily close below.
EURUSD
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ChiForex replied Apr 6, 2021Short term traders can TP there for shorts today and buyers can enter there betting on some retrace by tomorrow before the big fall..
Cable Update (GBPUSD)
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ChiForex replied Apr 6, 2021Enough playing around...prepare yourself Mr./Mrs. Bulls to become from the past


Cable Update (GBPUSD)