This is my glance at situation (it's not recommendation) and I'm curious what do You think ? In my opinion DAX will fall. AT: - lowering triangle - still move to the downside - if resistance fall, move will go lower - rising volumen when falling Fundamentals: - bad situation in europe - bad bank situations - sanctions from Russia - unfortunately progressing...
Just an idea and trade at your own risk. EURUSD concluded correction into area 1.11-1.12 (with possible revisit) before downtrend continuation into next target 1.06.
Hey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.11 zone after 1.09 wasn't confirmed. once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
The Dollar and Deflation Elliott waves in FX might be anticipating deflation. Demand for U.S. dollars has surged over the past couple of weeks as the economic and financial sanctions on Russia cause all sorts of ramifications . Essentially, taking out an active chunk of the day-to-day global capital markets reduces financial transactions and makes the...
Euro moved in Descending Channel more than one year, and these days we saw that the Euro was able to break lower line of Descending Channel , from my idea, this break can be a fake-out and Euro will back again to its channel. I have some reasons for this fake-out : Euro is at my TRZ (Tiem Reversal Zone) + Junction between 61.8% Fibonacci...
Hey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.10 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in this week we are monitoring EURJPY for a selling opportunity around 127.9 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.093 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Chart shows the effect of Russian invasion of Gergia and Ukraine on the Euro. In the previous two attacks (2008 & 2014) the Euro went down around 30% . Of course the whole downturn of the Euro can not squarely be put on Putin, taking into account the devastating effects of the 2008 financial crysis, but it is clear that it has a lot of downward effects none...
Just an idea and trade at your own risk. EURUSD long-term still remains bearish, but after reaching the lower downtrend channel on 4H, daily & daily timeframes, correction may be underway in next week till target area around 1.1150 before further downtrend continuation.
Just an idea & trade at your own risk. EURUSD reached its lower Long-term uptrend channel on the monthly timeframe and the next demand zone around 1.06-1.09 If the lower long-term uptrend channel breaks, with a monthly close below it, the next targets are below 1.05 and into below parity, to the lower downtrend channel. If the lower uptrend channel remains intact...
Our friends in the USA are doing just fine. Far away from trouble, taking advantage of everything and anything. Respect Unfortunately this does not go for the 'Old Lady' Europe. Ukraine situation will affect Europe in many ways and i think that most people are aware of it. Let's go to Reuters that you can trust: Ukraine war sends euro below $1.10 for first...
Hey traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 128 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, EURGBP been respecting the support around 0.83 for quite long, currently we are waiting for the confirmation to go long around that zone, retail traders are long on GBP while we are planning to do the opposite and ECB seems forced to increase rates this year to face inflation. once we will receive any bullish confirmation the trade will be...
Just an idea and trade at your own risk. EUR/USD is still bearish on all timeframes (4H, Daily, Weekly and monthly) and more to the bad fundamentals in Europe and big rise in commodities. If EUR/USD weekly closes below past week and month low at 1.1106 and after breaking previous demand zone, more downtrend is expected to the next demand zone around 1.08-1.10.
Hey traders, in the coming week we are monitoring EURJPY for a buying opportunity around 130 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring EURGBP for a long term buying opportunity around 0.837 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring EURNZD for a buying opportunity around 1.666, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.