Following on my idea on the daily and weekly timeframes below:
EURUSD looks like have completed its pullback before uptrend continuation.
EURUSD retested the support (demand) zone and tipple bottom neckline at the bottom of area 1.07 on the 4H timeframe with failing to break below.
Possibly a sub uptrend channel is forming, which next target is into the...
The EUBUND has been showing signs of bullish momentum in the 15 min time frame as indicated by the EMA (Exponential Moving Average) crossing and the breakout of the resistance level. This suggests that there may be a potential trading opportunity for buyers in the short term.
On the daily chart here XNGUSD had a head and shoulders or double top last summer and fall
and has now trended down to support. I see this as a prime place to take a long position.
The decline of the overvalued USD contributes to this idea as does the persistent demand in Europe
for compressed / liquid NG and the ongoing war there that could eventually grind...
Following up on my previous post below and zooming in thru the daily timeframe:
EURUSD is at the resistance area (supply zone) 1.08 and holding on. A break above may be confirmed today after FOMC and Fed rate decision.
A break above, will lead to the upper channel of the correction uptrend (ABC) and to the next resistance and supply area at level 1.15 as...
2023 has been ushered in with a rebound in pockets of equity underperformance from 2022. Markets are coming to terms with the fact that stickier inflation and more resilient economic data globally are likely to keep central banks busy this year. Owing to which the spectre of interest rates staying higher for longer appears to be the dominant theme for the first...
My bias is displayed on the chart. I do hope that the M-pattern on the chart will likely come to play.
To be on the conservative side, I will only enter sell when the neckline of the pattern is formed. My SL and likely TP are depicted on the chart
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EURUSD💥1H-TIMEFRAME ANALYSIS
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This is my new idea for 💥EURUSD
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Sure, it is winter in the northern hemisphere so why even bother with the grains at all? ...
... Because cheap Ukrainian wheat had absolutely flooded European markets, so much so that very soon they will have to start dumping some of it into the ocean! (Right now, they are trying to air out these mountains of grain, so it wouldn't mold, but that will go only so...
The adoption of crypto law in Ukraine has been slowed down mainly due to the need to adapt it to tax and civil codes, an official told Cointelegraph in an exclusive interview.
A year after Russia’s invasion, Ukraine continues working on cryptocurrency legislation, but the war has not changed its regulatory stance, according to a Kyiv official.
Ukraine has...
The idea has two parts: fundamental and technical analysis . The latter is based on the weekly chart.
On the fundamental side , several essential and minor factors affect and could affect March 2023 price change. Let's divide them into three groups.
Bullish :
Russian shutdown of gas supply to Europe
Russia has cut its European flows for the last...
Post BOJ decision which is USDJPY supportive, we could expect the Nikkei to recover from recent weakness.
Since it remains a choppy Equity Environment, selling DAX against it (delta hedge) makes sense from a relative price perspective and looking at technical levels, along with oscilators.
Another way would be to buy Upside calls on Nikkei (cheap in Impiled...
After Equity Option expiry today and into Month end, the technical rally induced by January effect could be fading.
Commodities recent spike (on China reopening/inflationary) will certainly have an knock on seasonal effect in next Inflation data,
Technically speaking BTP/Bund spread has done a double bottom, and we could expect a bounce from here (Italy widening...
EURUSD💥4H-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥EURUSD
I hope my idea is clear
Support me by like and share thank you
Stay Safe💯💲💲💲
Good luck💰😍
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.88100 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
