Hello Everyone, Would like to share my outlook regarding EURUSD situation.In point 1 I have marked - Climatic Volume together with shortening of down thrusts. This was clear sign that something important is going to happen...So huge volume without progress in price suggested "turning point". Yesterday 18.03.2015 we have seen "Effect" of that huge volume. That was the "Cause" for yesterday move "Effect". But what happened on that move yesterday and today is even more important. Bulls gave back whole gain. How this could happen?In my opinion bulls realized profit on this "huge spike" yesterday. So as for today I see that "Smart Money" positions thyself on the short side of the market.Regards Scyther
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –