ali11002

ali11002

Fundamental analysis The US economy should weaken, as the sharp rise in interest rates will still have its effect. If there are signs of a slowdown in the US economy, the reaction on the markets should be strong and a rapid upward movement of EUR/USD should be the result. For 2024, we expect a relatively better development of the economy in the Eurozone, where...

ali11002

Technical Analysis 1.There is Crossing of 20 EMA with the Trend 2. There is Break of Trend line 3.There is Divergence in RSI 4.There is Divergence in momentum 5.MACD line crossing the signal line

ali11002 Updated 

Market Structure Uptrend 1.Trend is Near the Major Trend line 2.There is formation of Double pattern Near the Trend line 3.There is Formation of BAT pattern 4.Mention zone is Potential Reversal zone 5.Wait for Break of Structure 6.Divergence Near to form 7.There is divergence in Momentum 8.MACD line crossing the Signal line

ali11002

There is Strong Resistance Near the Trend and Trend gets many Rejection from there 2.There is divergence in H1 RSI 3.there is divergence in Momentum 4.There is formation of double top pattern 5.MACD line Cross the signal line 6.ZEW Economic Sentiment Index News on 14 may Forecast in positive More chance of Strengthen of Euro against US dollar

ali11002

1.Market structure Gets Rejection from Resistance On Daily time Frame 2.There is Bearish Engulfing candle on daily 3.There is formation of double top Pattern on H4 4.there is Divergence In RSI on H4 5.there is divergence in Momentum

ali11002 Updated 

Market structure Uptrend 1.There is Bullish Engulfing candle on Fib 0.5 Level 2.After Taking Retracement There is Higher high and higher low In H1 3.There is no Break of structure found in lower time Frame 4.Trend is supporting 20EMA 5.There is Bullish Divergence in Momentum 6.There is Break of RSI Trend line 7.There is Retracement done on RS1 8.MACD line...

ali11002

For H1 anaylsis 1.there is Bullish Flag In H1 2.Trend is Supporting 20EMA 3.there is No divergence IN H1 4.Take entry after rejection from FIB 0.3 level