EURUSD on support now and i think this level will be heavy to goes down. To me, its time to be flat or long in correction. But, its still bearish in higher time frame.
Speculation for Macro: I argue that price and consumer price inflation do not influence equities as much as the dollar. Investors who are betting on stocks because of 'inflation' will be in for a shock. Yields indicate we may be entering stagflation. Economic slowdown and rising dollar will prove a stronger force than consumer price inflation. After all the...
Technical Analysis and Outlook: The Euro is currently in completion mode with our Inner #2 Currency Dip 1.1407 and Inner #1 Currency Dip 1.1367. BARC (Trade Selecter System Proprietary Symbol) confirmation is required to initiate buying opportunity - intermediate downtrend halt. The aggressive (High-risk takers) may buy currently fluctuating prices around Inner...
Technical Analysis Summary EUR/USD TREND ANALYSIS We have 2 downward trend in red color The wider the trend the stronger The trends are 1 daily another one more internal FUTURE PREDICTIONS We have many resistanse and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Good luck everyone, stay...
Technical Analysis and Outlook: The Euro Dollar, intermediate Stage 1, is completed at the Mean Res 1.1611 mark - On the downside, Stage 2 is in progress advancing to the Inner #2 Currency Dip 1.1407, while Inner #1 Currency Dip 1.1367 is resting below
• Pair broke the 1.1500 psychological level which turned into resistance now. • Downtrend resumed, bears targeting lower levels. • First resistance is the red descending trend line support turned resistance just below 1.1500. • Next target/support is at 1.14220, 1.1330 after that and last but not least 1.1170.
Eur/USD trading in a tight falling wedge. no open shorts atm. With the DXY trading ATH any pullback can trigger this to sqeeze hard and with GOLD and SILVER moving bullish this week. I would be careful shorting at these levels.
lets c if Euro/usd will follow what we all expecting breaking and closing above the doted line will change my view and will start looking for long but i don't think with DXY status that we will long euro soon
Technical Analysis and Outlook: The Euro Dollar, intermediate downtrend price action (Stage 1), is completed at the Key Res 1.1677 mark - this is high merit and significant sell point. On the downside, there is a remaining Stage 2 starting at the Key Sup 1.153 while the Inner #2 Currency Dip 1.1498 is resting below.
Just an idea Possible daily uptrend and current correction phase (possible double bottom formation about NFP)
Just an idea EURUSD to continue its uptrend correction towards 1.17
Hello, traders! as you see on my chart analysis i tried to define critical zone to break down I said always that we don't have a cristal ball tp predict markets ternds but we try to react efficently and rationally i you win do not forget thinking me ok? good luck
Hello dear traders, As it is drown here in my analysis, EUROUSD is close to one fo the critical zones ( green cycle ), if this level is broken down this downtrend can continue until the next down level, the same if rebound and gow up until the next up level, To conclude, you have front of you all critical levels so what you should do is to follow the market and...
this multi time frame analysis form h1 to monthly time frame from h4 to Monthly H4 - price has breakout rising wedge pattern, ready to retest lower trend line and make new lower low Daily - price has retest daily resistance after breakout , making sideway correction below resistance before making new lower low on h4 Monthly - if this month candle...
There seems to be indications that the EUR is ready to make an upside move against the Canadian dollar . The signs that would indicate this is a break of the bearish channel that had been created on the daily time frame, and signs of accumulation at the level indicated on the chart.
EURUSD is reacting to the top channel line and will fall down, at least to it's previous Low levels. I will Follow the down trend and sell in corrections. Also retailing stop will be useful.
Should see this move start to come into fruition in next Monday's London session.
Eurusd - H4 - Dollar weakness creeping into eurusd and i see a clean setup for a long play say less