Hello and welcome to my trading idea about EUR/USD.
I want to explain to you why I think that EUR will be bullish in the next few days. So, first of all, look at the weekly chart.
In this chart, you can see a full 5 waves cycle followed by 3 wave correction (zigzag). So, after a correction, a new impulse starts and we...
Actually the EU situation is critical concerning the COVID context.
The European Central Bank wont change anything about policy parameters.
All decision will be made on December.
Actually, the price is under 1.17, the next step is 1.16 . if the 1.16 is broken so im waiting for a return at 1.13.
Otra idea para considerar cortos en el cruce. El escenario para el BCE se vuelve cada vez más complejo y la carta de presentación ante mecanismos de ayuda es acotada, por lo que EEUU-FED tienen más posibilidades de ganar en esta batalla.
Very short term
In line with the other world indices, this upward trend driven by the resumption of American prices will tend to continue. The level to which it will aim in the very short term is the dynamic resistance identified by the weekly EMA200 at an altitude of 20450 points: from here it will be understood whether it will have the strength to continue...
The trend is bearish in the short and medium term, while in the very short it remains lateral. With the last conference of the ECB governor, the investors have been surprised by a sudden change of vision by Draghi, who said that as early as the first quarter of 2019 could start to issue money at 0 interest rate in favor of the banking system since the European...
Following a double bottom pattern maybe BCE has finally found a bottom, if the bull move continues we are looking at a target of 43 with a volatility stop around 39.20.
Maybe just wait for the price to keep increasing to make sure this is not in fact a double top, in which case the movement could be bearish. I am siding on bullish though because of the direction...
Hello guys AUDUSD has stalled just shy of the resistance level of 0.7700 as bulls take a break from their recent run. The area is full of resistance and bears will try and use this to their advantage as they look to regain their recent lows, with targets at 0.7650, 0.7625 and 0.7600.
Eur vs Usd - 1 months
1.0450 main support . The break of support with the closing of the the monthly candle inside downward channel push the cross to parity by June or at the September 2015.
Trade from 1.0450 - Area of earnings up to a minimum of 2001 , stop at max last month ( March 2015 ).
The FIB retracement from top 2014 seems to confirm the...
2007-2012: Convergence between S&P500 trend and yield on Treasury 30y USA:
- Downhill stocks leads to a reduction in yields on the bond market . The flow of money coming out of the US stocks and goes to US bonds for the "safe haven" - RISK OFF.
- Rise in share prices on stocks leading the market yield bonds to rise due to the vendite.Flow of money out of the US...
Stay short EurGbp or, if you prefear, long GBP!
Since the macro economic data started to improve, the pressure on the exchange rate has became stronger. The beginning of rates normalization will make the UK's currency more expansive versus the Euromoney.
At the same time, the chart seems to confirm the bearish view: It is unlikely (given also the macro-analysis)...