fxtechtrader

fxtechtrader

Smaller candles above this diagonal trendline show indecision. If this is an upthrust and fake bullish move : wait for confirmation below the 3625 area...

fxtechtrader

Looks like 1.6900 rejected,..... targeting stops area around 1.68218. - Long-term still bullish in this pair.

fxtechtrader

The chart looks very bullish, but I will wait for a better entry.

fxtechtrader

Looks like the selling isn`t finished yet, but we are approaching major weekly/monthly levels.

fxtechtrader

Undecided but not yet outright bearish.

fxtechtrader

So far bullish price advance above the 1x1 diagonal, but a close above 0.9400 is critical.

fxtechtrader

We had a bearish swing but no real conviction to close below 9600.

fxtechtrader

If the US Indices have no significant rebound, a major target short would be the 9379 - 9400 zone.

fxtechtrader

I will wait and see if this really gets confirmed by further buying. At the moment it looks like the typical... " round number " knock-out move.

fxtechtrader

I will be watching if this bullish flag on the DAILY chart really is as easy as it looks....this stock additonally has some bonus expectations due to Nadella taking over as CEO.

fxtechtrader

I will still wait conservatively for monthly and weekly time-frames to confirm any bearish scenario. Look at the clearcut price action 2007 - 2008 and compare this to now. We have all the time in the world, picking tops is for amateurs....:-)

fxtechtrader

If we look at the weekly chart, it still looks bullish sideways and by no means exhaustive like the RUT or the QQQ`s.

fxtechtrader

No trade yet for me before Thursday ECB news, which could provide a catalyst for a break outside of this range.

fxtechtrader

Watching this for possible strong move either way.

fxtechtrader

We are at a critical juncture here and it depends what price does at overhead resistance 1.50000 and 1.509000.

fxtechtrader

Despite the fact that price advanced to a major sell area, it could advance higher. The 142.00 level was a 50% retrace of the previous upswing which started 2014.

fxtechtrader

Longterm study.

fxtechtrader

Further selling expected, but we will see where exactly price finds some demand.