FX.co ★ EUR/USD

EUR/USD My positions, short, on the EURUSD pair, from 1.0475 and 1.0452, were shaved. At the moment, I have not opened any more sales. But I think that the price growth on the pair is completely artificial. Fundamentally, there are no grounds for strengthening the euro. But while the pair is being sold on the rise, there is fuel for the price to move north. And if you look at the dynamics of the change in the participants' positions, you can see that sales are not decreasing much, and on the contrary, they were increasing in local areas of volume gain. According to my calculations yesterday, EURUSD should grow to the resistance of 1.0610. And then - I go out in all white from behind the column and start selling. And of course - sales make me very rich - in my dreams, yes . But in reality - something is not quite selling for me. So, what I see now according to the readings of the daily chart for the wave technique: MA100 is pulling towards a decline at a trend angle of ten degrees. Therefore - the mood during the week is still quite bearish. MA18 is turned in favor of growth - at a trend angle of thirty degrees it pulls its tape to the north. And as if with the naked eye it is clear that in the forecast perspective both moving averages promise to form a golden cross - a buy signal. The Ichimoku cloud in its current value is painted in sell colors. The view is more than modest in terms of pumping and standing of bearish interests. The body is very puny. And in the forecast perspective it goes over to the bulls' side. Here it tries to pull a thin sprout to the north, but the body mass does not increase in favor of the bullish interest. For now - a fence. I would like to wait for a technical return of the price to MA100 - level 1.0570.