LONG US, SHORT EU Hello, these two charts seem to show an identical background situation for the two economies (US and German), however, the economy in US and EU is very different (among other explanations, TFP - total factor productivity is, and always has been positive in the US, while it is negative and, most importantly, decreasing since many years in...
We are having here a very well structured trade idea, exploiting the confluence of high important technical factors, mean reverting stance, and extreme positioning in the Oil and Gas space thanks for a Long Inflation lean by most investors this year. Into year end and preparing for 2023, Fact is that after such a good performance some will be tempted to take...
JPY BASKET For basket selling opportunity is high probability due to yearly analysis , sellers are more strong as we have seen 12M candle of 2022 we manage to create all time LOWS and that is where we are heading because sellers are maintaining their selling pressure / opening price are defended
EURUSD closed the year well and above many key support levels, and it even closed above several diagonals, as did several other currencies vs. the USD. On the one hand, the USD may have peaked, especially as the DXY swept a critical low and retested its 2015-2020 highs. The year has started with a EURUSD dump, and the pair has closed below its Monthly and Yearly...
On a we weekly we have gotten close to our resistance level we can get the following two plays: price going up and closing above 86.149 on a weekly chart or we may get pullback where then we will have to evaluate longs for now i am bullish since levels held perfectly my entries are pullback after retest (roughly as demonstrated on the chart) Let me know your...
The orange line is a daily resistance that I use a long time ago. As we can see RSI already crossed the 50, after a overbought zone, together with MACD we can see after the RSI change the direction MACD had crossed the signal line and also changed it. And joining these indicators we've the BB where the candles had already crossed the MA, and the BB lower line...
We have formed new higher high and were able to close overall week above the the recent level of support meaning we have potential to the upside. My entry Entry point: 144.550 SL:142.830 TP: letting it run What are you doing with EUR/JPY? Like and follow :)
Hello traders! Europe and most dominant economies of it such as England, Germany and France are under fire but regardless good news from USA have eased the situation and some pressure. It reasonable to buy some of the positions on retest of recent support levels such as a historic 1W timeframe- 13602 / 13011. Bearish trend has been stopped and looking for more...
Despite facing the unknown external shock of a war, the Eurozone economy’s growth has been resilient in the first three quarters of the year. Eurozone Gross Domestic Product (GDP) rose by 0.3% quarter-on-quarter (QoQ) in Q3, easing from a 0.8% increase in Q2 2022 aided by the rise in government spending alongside an improvement in inflation adjusted trade surplus...
Reversal trend has formed. Looking for pullback to enter long and confirmation of strong support level. Need to hold 0.99 level in order to keep the bullish trend.
Engie - 30d expiry - We look to Sell a break of 14.09 (stop at 14.61) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term RSI is moving lower. Momentum is stalling with the posting of new highs and indicates bearish divergence. A higher correction is...
Many bearish signals on the Oslo Boers right now-- at support on an ascending wedge, at neckline of head and shoulders (at a monthly lower high), top of h&s made an hourly double top against resistance that has been steeply rejected twice this year. NOKUSD is weakening temendously and maybe the European oil price cap is impacting the OBX's major holdings (Equinor,...
As we said in the last or previous analysis that we have a huge opportunity to sel eurjpy from the higher resistant amd then the market got done.. check up my last analysis and this one… Have a nice day..
€ - Where To Next? $EUR - BUY THE DIP?! As from my previous posts via trading view can be seen I was very bullish medium term hitting the target areas are currently at. However, lets take a bird eyes view of EUR! EUR currently at key resistance on Monthly - 1.03. Price may decline back towards support areas of 1.02/1.01 areas before heading higher IF we get out...
On Friday 28 October, EU carbon emission allowances (EUA) had extended their largest weekly gain in 5 years following a strong rally over the preceding six days1. This happened during a week when the first ‘Fit for 55’ proposal was agreed2. The EU has strengthened targets for CO2 emissions from road transportation. To understand this price action, it is important...
Restrictive policy and geopolitical risks raise the odds of a global recession What a difference a year makes. 2022 saw the ‘reopening’ of markets from the COVID pandemic evolve into a ‘recession’. Margaret Thatcher put it succinctly on 27 February 1981 – “The lesson is clear. Inflation devalues us all.” Monetary policy has been on the most pronounced tightening...
This week the UK economy posted its highest inflation reading in 41 years rising 11.1% year on year (yoy) in October. The recent jump is largely the result of the uprating of the household energy price cap in October. Core inflation moved sideways at 6.5% yoy. We expect this to represent the peak for UK inflation. As the base effects of high energy prices begin to...
According ewt expanding triangle via $DEU40 should plunge lower than lows of 1932 and 1945 in next 70 years.