Euro /U.S.Dollar moved as I expected ✅👇
Now, Euro /U.S.Dollar is running near the middle line of descending channel; at the same time, it was able to make an Evening Star Candlestick Pattern (reversal pattern).
I expect Euro /U.S.Dollar will touch the lower line of descending channel at least.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 4H⏰.
Do not forget...
Are Elliott waves pointing to a military incident in Europe?
Gotland is a Swedish island in the middle of the Baltic Sea , commanding a key strategic position. In 1915 , the Battle of Gotland was a crucial moment in The Great War , with the navy of the German Empire being defeated by that of the Russian Empire . Assisting the Russian navy that day was a...
I would like to say a few words about the European currency. We are currently seeing 2 falling wedges, one of which is yet to be completed.🖋
This gives me the opportunity to assume that the price movement trajectory will be exactly in accordance with the chart, in case of a delay at the current level, at least for 2 candles.
EUR/USD
I love you all❣️💋🥂
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EUR/USD TECHNICAL ANALYSIS
September 2/2021
Dollar weakens against the Euro causing the bulls to dominate the EURUSD currency market.
So far this week trading session as recorded a bullish gain of over 95% twice larger than the previous week trading profits.
Market participants are however the key factor behind the bullish moves that was recorded in the...
As expected, the Fed will continue its quantitative easing program to keep long-term interest rates very low, despite encouraging signs of recovery. Tighter monetary policy would make the dollar more attractive to investors . Nonetheless, keeping interest rates low amid an improving US and global economy is a good recipe for the greenback to continue falling.
Cup and handle formation EUR/USD.
We are having a backtest and strong support zone on 1.15 zone.
Stoch RSI is at lowest point on the weekly chart.
We do also have a 50-200MA bull cross which will bring us to 1.32 levels (cup and handle target).
When the Covid-19 is over and people start spending, Money is going to flow and we will see high inflation.
Not only...
Hi Traders
Where could the fall of USD find at least a break?
When looking at the monthly charts one of the blue areas could potentially be a place to find a bottom. But if we look closer then we realise that the red marked areas (the lows of 2008 and 2011) are not so unrealisticly either. We see a very bearish candle for this month and also the Brrrrrr of the...
EURUSD H1 chart (This analysis is an update to the analysis dated May 28, 2018)
With the continuation of the Ascension, a new rising hill can be expected.
The first target is 17.4xx and there is not much time left for broke to trendline
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for...
EURUSD H1 Chart
The big falls are formed with small rising in the channel.
When we examine the current situation, the idea is that the downward trend will continue.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
PS...
You can see support and resistance in the weekly chart.
I also plotted the formation of a possible formation.
It's risky if price down to the red zone from the yellow zone!
It can go down to the bottom.
Below you can see the general status on the monthly chart.
Support and resistance zones are important
It is not an investment recommendation.
The Euro has changed from an uptrend to range bound in the short term. We may be seeing the end of the strong uptrend that the Euro has been in or a complex PB but I'm leaning towards the end. The Dollar is still on its hike cycle with three hikes predicted this year and should be strong but with all of the turnover in office and ongoing talks about Russia we have...
