Starting off as we do most weeks with EURUSD we gave out this idea way back at the start of this month and we are finally starting to see price line up with our bias, now of course as always we are waiting for an idea we have to line up and provide context tot the higher time frame move to then allow us to trade on the lower time frames, this is now in play from...
EURUSD - two improtant zone for bearish market
now at DXY this week we have NFP and very more effective date for gap or slash market
take away and more becarefull .....
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FX:EURUSD is declining and testing the local minimum on the background of strengthening of the dollar. The price is retesting MA-200 , which only increases the chances of further decline.
Today, at 13:30 GMT we will meet the NFP data, to which the market reacts quite strongly. In general, analysts expect an improvement for the dollar, as 180K is...
Euro USD broke out of the bearish range we had on Friday good evening into a bullish end of the week and the bullish beginning of the week looking for the low at 1.08585 to be taken to give us a clean bullish entry to the upside, As we have POI in the lower end of this range that it's going to be our ideal for entry but of course until we form our swing high we...
Hello Traders Investors And Community, welcome to this analysis where we are looking at the EXY CURRENCY INDEX which is the index to show the value of the euro in comparison to other currencies where we are looking at recent events, the current formational structure and what to expect the next times in order to handle the situation accordingly and in the right...
EURNZD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, if the market successfully close above 1.8170 level you can trade it with buy stop.
EURJPY is heading towards major resistance zone, where in past sellers already had shown good sell pressure .
If the sellers took charge from resistance area then the optimum target could be 158.
What you guys think about it ?
EURUSD has a pretty much identical setup to our GU trade idea given earlier, now we have the same cons for this markup so high volume POI c-swing potential setup if we shift lower for BOS of the 5min range, bank zones and liquidity.
For now we are still waiting on our order flow change to confirm our SWH on this range BUT we are prepared when we do put it in!...
EURNZD has become one of our main pairs after we back tested over 12months of PA and had increased returns, now we follow this pair on a daily basis!
super simple sell range here so we are going to go for a short at our POI if we meet our entry requirements, NOW as we have such a large range we are using a confirm entry to get the best idea of price dropping or...
The dollar index eased to around 103.2 on Friday but was still on track to advance for the fifth straight week, as minutes of the Federal Reserve’s July meeting showed that policymakers stressed that upside risks to inflation remain, leaving the door open to further policy tightening. However, some participants flagged the economic risks of pushing rates too far,...
Our Past Euro Currency Index Analysis of March 2021:
Elementary Analysis:
The Euro Currency Index (EUR_I) represents the arithmetic ratio of four major currencies against the Euro: US Dollar, British Pound, Japanese Yen and Swiss Franc. All ratios are expressed in units of currency per Euro. The index was launched in 2004 by the exchange portal Stooq.com....
Is EURUSD due for some major correction. As the pair already complete the 5 wave count and already break bullish parallel channel. Now the pair is ready for major correction.
Recently EURNZD was in strong bullish momentum but currently the market is stuck in bearish parallel channel.
Currently the pair is trading at the resistance of channel, will it go to downside again?
EURJPY is in strong bullish trend and seems like it is going to form AB=CD pattern.
As BC leg retraced to 50% fib level and reacted well also because of strong area of value.
Will it complete CD leg ?
EURCHF is in strong downtrend and struggling to recover against CHF. Currently EURCHF is in strong area of value which is acting as a resistance and it also facing resistance from bearish channel.
Will it continue to downside?
