Following our initial publication, we've received some astute feedback that warrants further and more in-depth discussion. A reader correctly noted that the DAX and Euro STOXX 50 differ in their treatment of dividends - a detail we initially glossed over for simplicity's sake. The DAX is a performance index, including dividends, while the Euro STOXX 50 is a price...
Germany, Europe's economic powerhouse, has consistently delivered impressive performance since the Global Financial Crisis (GFC) and the European debt crisis. This strong performance is rooted in Germany's strong manufacturing sectors and robust export activities. The country's economic strength is exemplified by the DAX's considerable outperformance of other...
Current daily market structure is bullish on euro! I think we are gonna see a bit of a retrace into the OTE Fibonacci of the latest daily leg! Then the Tuesday NY session should bring about some volatility towards the upside into the market! Targets are the dol lines on the chart! Let me know what you think in the comments!
EURUSD is bearish on the daily, weekly and monthly timeframes. EURUSD failed once again to break above the resistance (supply zone) area 1.09-1.10. On the weekly timeframe, a retest of the double top neckline was established at the resistance area and a reach of the upper channel of the downtrend and a possible formation of a triple top (H&S) at smaller scale,...
$EUR/USD is exploding today as a result of TVC:DXY plunging hard. Fundamentally speaking , concerning is the fact of Euro-Zone's Recession . TA speaking, $EUR/USD is about to be put on stop of it's impulsive price sky-rocketing due to approaching Resistances such as ; -8HR* OB -Macro Broken Trendline which was firstly support but now found as Resistance. If...
These long term expectations are in relation to the highest levels they will be affected in the future
These are long term expectations relative to the Eurodollar and the most important levels that will be affected by it in the future
- Eurozone OANDA:EU50EUR is officially in Recession due to two consecutive negative quarters in a row. The Euro-Zone entered a Recession in the first quarter of this year and economists are not optimistic for the coming months. Having said that, its Index OANDA:EU50EUR continues to hold its head up high, but the question is, how much longer will it maintain to...
- Swing Short Trade opportunity for $EUR/USD Short trade within Ascending Triangle, which is a Neutral Pattern that can be broken either to Bulls or Bears. Demand yells for lower $EUR/USD. Even on Volume Profile ; 4Hr* (TF) Stay Sharp ! Until the next one .. TRADE SAFE *** NOTE that this is not Financial Advice Please do your own research and consult...
- With Europe entering in to Recession as a cause of two consecutive negative quarters, a positive Price Action is a merely a relief rally that will be short lived.. Golden Zone is most definetely reachable taking into consideration the negative Macro-Economics events for Europe . Patience is a virtue . TRADE SAFE *** NOTE that this is not Financial...
Welcome to our analysis of the EURUSD currency pair. We'll be examining the price actions captured on a 1-day (1D) candlestick chart, as well as a longer-term 6-month (6M) candlestick chart. On the 1D chart to the left, we can observe the trajectory of the Euro over the past year. The currency endured a steady decline throughout last year, eventually settling at...
EURUSD on the monthly timeframe is bearish and its downtrend channel and heading back to parity or below parity levels. The current month's close will form a bearish engulfing pattern, a retest of the double top neckline, and a failure to close above the resistance (supply zone) at area 1.09-1.10. which confirms its next possible leg down movement continuation...
Fundamental Backdrop Last week, notably the German Flash Manufacturing PMI and French Flash Services PMI dropped a lot causing the EUR to weaken. This week there's only the German Prelim CPI m/m which is also expected to decrease from 0.4% to 0.2%. This will cause the EUR to weaken further. Technical Confluences Near-term resistance level at 1.07350 ...
EUROPE POWER FUTURES PROJECTION 2025 Based on science. in science we trust!
Gas price in europe Dutch TFF is in "Distribution" phase. Seeking buyers from nighest price!
European indices have been reddening for several days in a row. European Euro Stoxx 50 fell only -3% from the high, but this is just the beginning of a big drop and I will tell you why. Since the beginning of year, European indices have shown very good growth, which is not entirely supported by fundamental factors. Yesterday, on the channel, I already drew...
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...
Hello! The Dixie is showing strength and the Euro has had a significant bounce after being oversold. It's likely to correct to the 1.05 level or possibly lower. Stay safe, stay liquid.