fxtrends
Long

EUR/USD: Long-term trendline supports for bull wewdge breakout

FX:EURUSD   Euro / U.S. Dollar
A trendline dating back to mid-2010 has given the EUR/USD             traction. Yesterday I observed (http://fxtrends2015.blogspot.com/ ) that retail trading activity had hinted of a near-term base. This has been complimented by Monday's price-action, which highlights a falling wedge . Typically, these type of formations are bullish and with "big speculators" short positions at an extreme and the retail crowd set to sell into rallies, I think the stage is being set for a short squeze rally.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out