Quick return let’s see if it will swing or continue I will sit out after that win lol
EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are bullish on EJ but we can clearly see that we are stuck in a range. I am favoring a bullish breakout here because this heavy consolidation is occurring at a high and also at key resistance. Wait for a break above resistance at 130.600 with a higher...
Euro looking bearish on open. Speculators are loooking for retest around the 1.170 area. Breakout will allow pair to continue even further to 1.16-1.14 area. Let’s see what happens.
Consolidation in an upside continuation channel, wait for breakout and snipe it out Share thoughts in the comments. Like and follow for more content
1. Virus Situation. Regarding the UK's coronavirus outlook, this remains encouraging with the UK's vaccine program having administered at least one dose to over half of the UK population. Given the current success of its vaccine program, the UK is now in the early stages of lifting lockdown restrictions. While the UK's coronavirus outlook is improving, we expect...
LOOKS LIKE PRICE IS AT good support level 0.863 ,expecting up movement to 0.877 then 0.887
1. Virus Situation. The outlook for EUR remains tied to the EU's ability to overcome its coronavirus pandemic. At present, the outlook appears bleak, with many European countries entering third waves and reinstating or prolonging economically damaging lockdown restrictions. Vaccinations remain frustratingly slow, a result of ongoing supply constraints and rising...
1. The Monetary Policy outlook for the BOC. For the past few months, the BOC has been one of the least dovish central banks among the majors. After recent data surprised meaningfully to the upside, market participants have been speculating that the bank will look to taper as soon as the H1 2021. This view was confirmed when the bank announced a discontinuation...
1. Developments surrounding the global risk outlook. As a high-beta currency, AUD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. Also, as a pro-cyclical currency, the AUD enjoyed upside alongside other cyclical assets after moving into an early...
AUD, NZD & CAD: Positioning data for the AUD, NZD and CAD updated until the 13th of April still shows more room to run to the upside for the three high beta commodity-sensitive FX majors, even after the recent push higher in the likes of the NZD and AUD. For this week the majority of the attention will turn towards the Canadian Dollar where we will have the...
Like this idea if you want me to update it regularly. It's been a while since we looked at EURUSD. It's important to note that DXY is inversely correlated to EURUSD. As we are looking for DXY strength, we are looking for EURUSD short. Both are in a really interesting area where we could see an important move that will dictate the next few weeks of price...
Like this idea if you want me to update it regularly. It's been a while since we looked at EURUSD. It's important to note that DXY is inversely correlated to EURUSD. As we are looking for DXY strength, we are looking for EURUSD short. Both are in a really interesting area where we could see an important move that will dictate the next few weeks of price...
Recently we saw that this pair broke the long term descending trendline and last week we cleared the daily level. We seem to be in an ABC bullish correction. Watch for bulls to come in and enter with stops below the ABC correction. Goodluck and trade safe!
Recently we saw that this pair broke the long term descending trendline and last week we cleared the daily level. We seem to be in an ABC bullish correction. Watch for bulls to come in and enter with stops below the ABC correction. Goodluck and trade safe!
Based on monthly Chart analysis for long term position with great Risk Reward . Trade Wisely and with a Confirmation and I have to BUY zone's and also SELL zone. Watch out That area :) GoodLuck if you Taking this. FX:EURUSD
price went up as we expected ,now i expect 1.19400 too hold or it coud fall down to 1.18600. our long term target is still 1.23400 but now we are targeting 1.20400 and 1.21000
EURGBP 4H trending uptrend .The price is above ema .sto rsi indicator is going up. if you find this analysis useful, please support me with your likes and comments. If you have another analysis on this pair, please share it in the comments. Good luck