Looking at EURUSD to come into this zone to create that right shoulder to the head and shoulder formation. From here, I will be watching for price action to take the potential short trade.
📌 The best move, since the idea of Eurobonds and an early development of the rally is to continue working against structural dollar weakness. The +/- 200 tick pullback from 1.20xx highs in EURUSD to current levels is an attractive level for us to start adding bullish exposure. As will become clear, buyers are in full control on the macro direction and sharp...
This pair - by means of daily candle confirmation, shows signs of a downward breakout from an ascending channel. Accompanied by Fibonacci, we can clearly see the relevant support/resistance levels. Alongside a strong dollar, a short bias is best. Good luck and follow me for more!
📌 In spite of the summer lull, EURUSD continue to hold and buyers are threatening to win the 1.20xx handles. Sharp speculators understood the powerful attacking force of debt mutualisation, but the icing on the cake comes from Fed artificially flushing USD. The king continues its march lower. To maintain the buy side in EURUSD is pragmatic. Any direct...
Hello, the dollar is reaching new lows, yields are scouring the bottom (probably up to a point) and EURUSD at the highs ... 1.1904 previous "high swing" broken and now as the first demand level, 1.1840 untested level as second demand level stop below 1.1825 First target 1.20 Second target 1.21 good luck
Commodity currencies reached the 🔑 value levels to load for this final leg down in risk. As mentioned here last week 0.62xx was the level to load in AUDUSD and NZDUSD. I also loaded an entire short CAD portfolio with USDCAD testing the 1.395x outguessing a negative outcome tomorrow. In best case scenario we will see a ‘handshake’ which wont be enough to offset...
Hi, Friday rally into supply in my opinion, so one more dip down possible ( equal waves ) Buying dips towards 1,5500/1,5450 stop below 1,54 first target 1,5900/1,6000 Good Luck
EURGBP finding a bid from 0.900x as widely expected since earlier in the month. Here actively adding longs on the pullback for a move towards 0.915x highs. Little Britain are still nowhere near out of the woods yet with the 'oven ready’ Brexit still to come later this year. For those wondering why not Cable? It’s very tough to time a bottom in the dollar...
Hi what we have seen lately it was aggressive defend of 0,90 after some stop hunt below, more weak short to be shaken out in my opinion so for now Im looking t buy dips: towards 0,9010 and 8980 tight stop below 8970 first target 9140 second target 9340 good luck
During past weeks Euro has been gaining against most major currencies. The main factor that drove this rally was the impulse of ECB to stimulate and restart the economy with decent monetary package. Since then, the sentiment remained bullish and EURO had faced long-term high which it easily broke. Now the market needs to gain momentum again and on this occasion...
🔸 An 'ingenious' saving move from Europe and finally they are able to get debt mutualisation through. It will be very bullish for EURUSD in the Medium and Long term horizons, although the ST will become a lot more cloudy via Covid as we enter into the Autumn / Winter for the Northern Hemisphere. I prefer to play EUR on the crosses and vs. GBP is a no-brainer...
FA: Currently, EU leaders are discussing the possibility of a Corona Virus Stimulus package; with there being a standstill between the frugal four (Austria,Netherlands,Sweden,Denmark) and the "Club Med" members (Greece,Italy and France) whom want the stimulus to be treated as a grant but the frugal four disagree. As discussions go on, and the lack of news in the...
EURUSD still in a downwards channel at a very strong resistance area 1.1400 to 1.1450. Entry: 1. Pending sell at 1.14 with short stop loss above last high, or 2. Confirmation of up trend line break to the bottom with a daily bear candle closed under. Indicators: 1. Currency pair at a strong weekly pivotal point and resistance area. (Look Left Rule: Market has...
Hi, I do belive that current pullback will be same in size as what we have seen last week, so it could bring Us down towards 1,5450/40 and that is going to be my entry zone... ( Eur is struggilng at the NY open mostly because of uncertenity related to EU summit and EU rescue Fund Stop under 1,5420 Targeting 1,5580/1,56 Good Luck!
Yet another great prediction. If you've read our analysis yesterday and traded it accordingly, we congratulate you for great profits. As we predicted, the price had an initial push lower to closed the gap, which correlated with past VPOC. This was the level which had double significance for buyers who stepped in to take the price to 12 882 and even broke out this...
PRIVATE INVESTORS DON'T WANT BONDS, CENTRAL BANKERS DON'T WANT INTEREST RATES TO RISE!
EURCHF buy at 1.07000 area aiming for 1.1000 closes. Stops set at 1.05500 closes on daily timeframe.