Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago broke the resistance level, which coincided with the seller zone, and some time traded below. But later, EUR rose back to the seller zone, after which it turned around and started to fall in a downward channel, where in a short time Euro...
In recent trading sessions, the Euro has encountered a downward trend against major currencies, prompting market analysts to delve into the underlying factors contributing to its decline. Several catalysts have emerged, shaping the Euro's current trajectory. Firstly, concerns surrounding the Eurozone's economic recovery have weighed heavily on investor...
The euro remains resilient amidst ongoing uncertainties in the global economy. Despite challenges posed by geopolitical tensions and the COVID-19 pandemic, the euro has maintained stability and shown strength against major currencies. Recent data indicating signs of economic recovery within the Eurozone have bolstered confidence in the euro. Proactive measures...
The Euro's journey traces back to its inception in 1999, a bold experiment in monetary integration that sought to foster economic cooperation among European nations. Since then, the Euro has emerged as a formidable force in the global currency markets, challenging the dominance of traditional powers like the US dollar.
FX:EURNZD we have published numbers of chart analysis on eurnzd so far, and most of the time, the analysis has gone out in our favour. In our last chart analysis, we were hoping that price will fill the liquidity gap and then reject at the key level that we had identified, however, price mitigated early. We still think price will come to our key level and then...
The Euro is poised for a potential decline this week as market uncertainty prevails, casting a shadow over its price outlook. Recent indicators suggest that the Euro may encounter downward pressure in the coming days. Factors contributing to this sentiment include lingering concerns over inflationary pressures, geopolitical tensions, and mixed economic data...
Amidst fluctuating global markets, the EUR remains a pivotal currency, reflecting the resilience and interconnectedness of the Eurozone economies. As economic uncertainties persist, strategic measures and collaborative efforts among member states are imperative to safeguard the EUR's stability and foster sustainable growth.
Since its inception in 1999, the Euro has stood as a beacon of economic integration across Europe. As the official currency of 19 out of 27 European Union member states, the Euro facilitates seamless trade and financial transactions within the Eurozone. Despite occasional challenges and disparities among member economies, the Euro remains a symbol of unity,...
Bitcoin faced downward pressure in today's market, March 15th, as regulatory uncertainty continues to loom. Trading at , the cryptocurrency grappled with fluctuating prices amidst growing regulatory scrutiny worldwide. Concerns over potential regulations have left investors cautious, leading to increased volatility in Bitcoin's price. As authorities globally seek...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09300 zone, EURUSD was trading in an uptrend and now seems to be attempting to break it out. if we get further dips below the support we will look for a potential retrace of the trend towards more lows. Trade safe, Joe.
This is my Intraday analysis on EURUSD for 14 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish / Continuation Phase Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of...
Looking at the last 12 candles on H1 we can see a triple top at a line of resistance at .9228/30 and the last 3 candles all have long wicks forming another triple top and if the current candle continues south, this will be a quadruple top. Its clear that there is an almighty struggle for domination of this pair between the BULLS and the BEARS and with the fast MA...
My dear friends, Please, find my technical outlook for EURCHF below: The instrument tests an important psychological level 0.9615 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.9583 Recommended Stop Loss - 0.9634 About Used...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price declined in falling channel, where it fell to support line and then bounced up to resistance line. After this, Euro exited from channel, entered to wedge, and made downward impulse to $1.0735 level. Then price tried to rise, but failed and declined...
Amidst shifting global economic landscapes, the Euro (EUR) stands as a cornerstone of stability and unity within the Eurozone. Despite facing challenges such as Brexit and economic disparities among member countries, the Euro remains resilient, supported by strong monetary policies and a unified regulatory framework. As a leading international currency, the Euro...
Amidst global economic turbulence, the Euro demonstrates resilience, serving as a stable pillar in an uncertain financial landscape. Its steadfast performance underscores its significance as a key player in the international monetary system.
The EUR is currently experiencing a clear downward trend in its value. This decline is notable across various currency pairs and is attributed to several factors affecting the Eurozone economy. One significant factor contributing to the EUR's decline is the uncertainty surrounding the Eurozone's economic recovery. Despite initial optimism, concerns over sluggish...
Hello,Friends! EUR/NZD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.771 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...