Macro Monday 38 The Euro Area ZEW Economic Sentiment Index & The German ZEW Economic Sentiment Index (Released this Tuesday 19th Mar 2024) ZEW is the German acronym for the Zentrum für Europäische Wirtschaftsforschung, which translates to the Centre for European Economic Research. There are two releases from the Centre for European Economic research we...
EU50 on the daily chart after the recent impulse retraced in a channel and perfectly retest the previous resistance now turn support at the 0.5 Fibonacci level. According to Plancton's strategy IF the price will break above and satisfy the ACADEMY conditions we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
The Polish index is approaching the 2,080 October 2018 Low and 1W Support Zone (2,013 - 2,085). With 1M on the lower levels of neutrality (RSI = 45.568, ADX = 19.801, MACD = 34.710) we are on excellent technical long term levels for a bullish reversal towards the 2,600 Resistance. If the E.U. fundamentals help in 2 years time it may even break this Resistance,...