EURUSD bounces off an ascending support line from November 2020 amid oversold RSI during early Thursday. However, sellers remain hopeful as MACD keeps flashing bearish signals ahead of the ECB’s special meeting. The bloc’s central bank is widely expected to repeat support for easy money policies, likely extending the latest corrective pullback towards a...
welcome to a new free trading-setup.
Note: This is meant to be a preparation! As always we will have to wait for a confirmation!
Stop-Loss: 21 pips
Risk: 0,5% - 1%
welcome to new trade-idea.
This setup involves is a high as the ECB-news can cause everything.
I personally expect the ECB to come up with a dovish statement as previous news have shown that the recovery is not as good as expected.
I take this trade with a low risk as I think that big players are currently pushing price up to...
"Dovish Draghi drags EUR/USD lower" has been one of this analyst's favorite headlines – but there is a new boss in town. Christine Lagarde has taken over the European Central Bank's presidency from Mario Draghi and now makes her first decision.
*Christine Lagarde makes her debut decision as ECB president.
*Investors will eye the president's performance and new...
welcome to another free signal of WEEK 37 Nr. 11!
IMPORTANT: Trading ahead the ECB-Conference today is risky and you should consider not to trade if you got shaky hands.
Not more than 1% risk!
they will either sweep below first and reject taking
out the above equal high and to my level marked 1.2400 or
we take out the above level first and make the HOTW
and go lower and fill in the area below 1.2290
Try and stay away from trading ECB NFP FOMC .. trust me there plenty of other days to trade.
STUDY IT THOUGHT
Personally i like the idea of going higher...
With ECB committed to ease in September, pressure is increasing on SNB to further cut rates towards minus 1 percent from current minus 0.75%. CHF has appreciated considerably as a safe haven move recently making higher possibility of intervention by SNB. chart structure has started to favor fall in Swiss franc in coming weeks. Further looking at SMI 20 strong...
The publication of data on employment in the US private sector from ADP was the main even. Considering that official statistics from the US Department of Labor will be published tomorrow, traders and other financial market participants are expressing interest in. Analysts had expected growth in May (140K) however, the number is + 102K, only. On the one hand, the...
Trend line, Price action, Expecting bearish movement, ECB President Draghi speaks on Wednesday , so there is a minor chance for price to go up during his speech or after. But hey traders trend line is our friend. Good luck!! Time to go to the gym for workout, need to be physically strong, it helps to become mentally strong. And i am sure you know how important it...
I am waiting to see how the initial reaction is the second rates are released.
I am expecting the market to suck some sell stops at the bottom then power through.
Readings on the release is hawkish and structure is bullish on EU and EJ. So, we will see!
Wait and see how price reacts and get ready too buy!
After a breakout of the triangle we see an ABC correction, a possible retest of the breakout which should stop around 13.020
The BIG C wave might not be finished yet and price could fall until 12.8XX to finish the correction.
However over 13.070 we are back in the trend, old target around 13.500 (see older posts) are still on the table.
EURUSD We can see clearly that this minor support is holding and this zone is showing bullish implications.
I'm seeing this zone more as a buying area and i will take long position after Draghi's speech tomorrow.
Hello Dear Traders,
1.The pair is forming a descending triangle & a break below 1.0649 would open doors for 1.0620 & later 1.0580.
2.the pair's outlook is still negative & break above 1.0700 would trigger 1.0750.
3. News to follow today is Speech by the President on the occasion of the launching of the new €50 banknote at the E.C.B in Frankfurt, Germany. with...
Watching the chart I can spot a nice H&Sh pattern forming and I thought to share this idea.
This week we will have some very big events especially the ECB rate on thursday 8, and until then I am shorting eurusd down.
When Super Mario will release the rates I will be out of the market and close all trades.
Let me know what do you think !!!
The WTI is located in a very busy area for trends, and that previous and current conditions a little freedom of movement. The current pattern augurs not fallen but before relevant, G20 and more data in the coming weeks anything is possible.
Only serves the technical analysis,...