The main view of this trade idea is on the 4-Hour Chart. The Forex Cross EURUSD hit some resistance around the 1.14 level and is attempting to retest the 1.118 level. The overall trend is down, breaking lower from its short term moving average (MA). EURUSD continues to be below is medium and long term MAs. A negation of this move will be observed...
Hey Traders, in the coming days we are monitoring EURUSD for a swing selling setup around 1.138 zone. we are watching 1.107 Zone as a swing target. once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
The world leaders have begun to create a synthetic crisis. This crisis is far scarier - the energy crisis.
It is not an accident that coal-fired power plants in Great Britain were not just shut down or canned. They exploded it without any chance to rebuild. It gave the island 44% of its generation in 2012.
Britain is developing a plan to build a 3,800 km long...
And it is back!
> Biden re-nominates Powell as Fed chair, praising the progress made in the USA
Biden said "we’ve made remarkable progress", and the US admin mentionned the improvement in unemployement as well as economic recovery, shutting down voices of opposition within the US central banking community. No change in direction, we can...
Just an idea and trade at your own risk.
EURUSD is still capable to reach between 1.08-1.11 before turning bullish and breaking its downtrend channel.
Also please check the previous idea on the monthly chart for a clearer view.
Hey Traders, today we are monitoring EURCAD for a selling opportunity around 1.14245 zone. we noticed a breakout of the daily demand zone , so we might consider going short on the retrace.
Once we will receive any bearish confirmation the trade will be executed.
Trade safe and use proper risk management.
Hey Traders, in the coming week we will be focusing on the selling opportunity of EURAUD around 1.568. We expect a little pullback from 1,56 zone before the market continues bearish. Once we will notice any bearish confirmation the trade will be executed.
Trade Safe, Joe.
Hey traders, today we are monitoring GER30 for a buying opportunity around 15682 zone, once we will receive any buying confirmation we will execute the trade.
remember to use proper risk management especially with the INDICES since their movements are more big and violent comparing to forex pairs.
Trade Safe, Joe.
After breaking out of the upper trend channel where VEUR was trading for the last year we find a new lateral channel that finds support around 34.6 Eur and might find a resistance level around 36.95.
Looking at the volume profile on this sideways channel we can see how it is clearly P shaped, usually a sign that consensus exits on the upper part of the channel....