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Medianline

Bullish is back for EURUSD?EURUSD was down to 1.1190 area which is not too surprising after the nomination of Mrs. Lagarde to be the head of ECB. I think she wouldn't get the majority supports of investors. As for our analysis, yes, it broke 1.1250 but it could be foretell based on our trend lines. Now, the price has move out of the down trend (Yellow trend) and moving upward in the upper half of Purple trend, which are the indicators that help us to buy. If you followed the FED's chairman testify last night, you definitely should buy EURUSD. In the long term, there is a very good chance that EURUSD will come close to 1.15 (ML of Turquoise trend), but 1.1350 area should come first (the upper parallel Purple).
Long
by DuyNguyen0205
ETHUSD - Lines on a Chart, Shiff & ShirtsIf you lose your shirt in a crowd, it's likely that someone else will be wearing it shortly after. Daily 50 Period & 100 Period Moving Averages are nearby. I think typically, MA's and Lines on a chart are only useful if they are respected. This Shiff has been monitored closely during recent price action, and thus far, has proven useful with respect to confirmations. I have no idea where the market is going, but here are some observations that may be indicative or probable based on some those confirmations. Daily 50 Period MA has been useful, strong - recently seeing decent bounces. The Daily 100 Period MA is nearby, but it has not been tested as of late, but probable as a useful benchmark. These median lines have many confirmations and are providing a channel to gauge demand areas. Recent swing high moves are observed at nearly identical 13.60% and 13.82% climb. Certainly an Elliot Wave TA out there can make sense of a probable next move. Good Luck, Traders. May you find yourself on the profitable side of it.
COINBASE:ETHUSD
by MrJEB