I recommend to buy EURO Futures (or EURUSD Forex) now. There is a high probability that the market is bullish. GOOD LUCK !
Hello Community ! Since yesterday, the EURO broke the supports and went on a downtrend. I strongly recommend to sell EURO today and WATCH the blue levels as they strongly represent zones where the trend can be REVERSED. GOOD LUCK !
Hello community ! EURO FUTURE (EUR/USD) is on an uptrend. To buy EURO now is more profitable than to sell. Wait for the best entry price when the market makes a PULLBACK on the PITCHFORK LEVELS.
The Fed has the markets back - as seen in the equities market. Euro/Pound are screaming higher, because the news is better there - with that said Fed has been adding liquidity to the system but so has the ECB -$1.52 trillion in stimulus. Bond Market is saying hey equities no so fast - and to be clear the US Bond market is bigger! Interesting inflection...
I have drawn this before on weekly basis - thought it would be a good idea to show it on more granular level using daily chart. This week the US Dollar (DXY) put in a double bottom matching the low of August 18th. This may be an inflection point. The Dollar Index absolutely could go lower to about 91.50 and still remain in this channel. This is where a 12...
The move is in - easier to go long at this point than try to short the US Dollar or by proxy every other currency pair featuring the USD. At worse you know where to put your stops. After today's move away from the precipice the decades long trendline continues to hold. TVC:DXY The mainstream media in this case Reuters has been reporting this for months....
EUR Futures are still consolidating. Last week the Department of Labor gave instructions on how to implement the executive order that partially extends federal unemployment benefits signed by President Donald Trump. But it was not enough to get a dollar out of consolidation. Fundamentally, nothing changed for both currencies. EUR has clear support and resistance...
Early this week the market can test 1.1630 and later bounce for a few days to form a signal for sellers. There is no need to hurry and pick up a trade now. Let the market do its thing and form some pattern to get clear entry with a good risk/reward ratio. The main reason for potential weakness is the bullish setup in DXY. I made a post about it. Below you can see...
Few believed this bear flag would result in such a move. Went even further than I thought breaking key TL on monthly ... backtest soon $EURUSD $USDJPY $EEM $GLD $TNX $TLT $SPY $QQQ #Currencies 💱
We notice that the EURO on its monthly chart is bullish and is trying to break the historical resistances. The Bulls are determined as we can see a big green monthly candle approaching the intersection of the resistances. There is a high probability for the EURO to break the resistances, probably come back to make a pullback on it and go higher to reach the...
I recommend to trade the EUR/USD FUTURES (or FOREX) at the rectangle breakout.
The market is making a pullback on the red resistance. If the market doesn't go back higher, sell EURO. THE TARGET IS THE YELLOW SUPPORT
$EURUSD 💶 looks set for a breakout to test key down trendline. What happens there is critical for markets $DXY $SPY $QQQ $DIA $EEM $USDJPY #6J_F #6E_F $EEM $GLD $TNX $TLT #Trading #Currencies
Some time ago we have talked about EUR COT reports. Swing traders should focus on taking sell signals. Commercials are short this market, while retailers are heavily buying. We saw almost the same in 2018 before a big decline in EUR. I believe the story repeats. However, we don’t have a good entry yet. I have a feeling price will make false breakup before the...
From the history of the 6E! Euro Future which can be used to analyse also the EUR/USD (FX), we can see that there is a strong probability to see the market pushing up to break the lines as it is entering in a very high pressure zone. The horizontal blue line is a very strong support, very hard to break. We have seen several attempts to brake the blue line with...
There is a high probability to break the triangle from below and touch the YELLOW SUPPORT. Short ONLY AFTER BREAKOUT.