EURUSD historical breakdown anatomy. That trendline channel accurately connects historical lows going back to the launching of EURO in 2000. The rest of tools used are static and plot automatically ahead of time. It is remarkable how price responded to those pivot and IB levels. For educational purposes only.
DeMark - Sperendao analysis of EURO index. Here we weighed EUR versus 2 biggest world currencies US dollar and Japanese yen . Clear signs of bullish collapse. We identified the right TD supply and demand points and analyzed the monthly structure. Breakdown of the major TD supply line occurred in July - August 2019 and it was confirmed by retest already in...
european bonds crashed WITH stocks! and spain peaked first and italy crashed first so this shows us they will be the problem in this sovereign debt crysis part 2, they also both rely for 14% of gdp on tourism which is now....gone thanks to wuhan flu
Remembered this chart from my older idea? No much changes from the technical point of view but things do change around beyond technical and I just want to tell my good folks that I am a guy who go with the follow. Kinda like trend following trader you can take but I don't mean the overall reversal of trend on this major pair but just the personality I got during...
Tradingview hides EURUSD absolute low of early 1985. Even Investing.com will not reveal it to you. Investing.com provides a close for 1985 and possibility to draw a trendline. You can see it using Fxtop.com historic chart and then use investing.com to draw that trendline. But that historic trendline runs the way I plotted now - the right end is even slightly...
Knowing the fact weaker EURO losing against the dollar overall and it's even performing low against swiss. I see bearish market in this minor pair as well. Technically price inside a descending channel and I assume if EURO gonna end up losing strength continuously against dollar then bear will obviously weigh on this minor pair as well which will continue the...
If you are the guy who think that DXY has more room left for downside this trade might be interesting for you.
May have potential movement upward still even if we technically see it high fundamental euro may bang above a bit higher the way how EURUSD proved it every high no sell! I had some sentiment analysis though and I feel it has more potential upward prolly around r2 or even r3 let's see depending on the impact of BOE rate decision yet to come but pricing will occur...
4H Vision Explanation: - Price broke the Descending Trendline and started its up move. - Price reached our first target at the Resistance Zone . - Price has potential to move up towards our main target at the Major Resistance Zone . - However, the Bearish Divergence could be indicating a pullback to the Support Zone before going up. Take a look at our...
It is not surprising that nothing significant in the dynamics of prices for financial assets occurred duo to calm mood on the USA and the UK financial markets. Tuesday in terms of macroeconomic statistics also promises to be a very calm day. But we do not wait for a lull in the markets - after 3 days of rest, traders and investors with redoubled efforts could...
Today, we shall consider important topics, near future and opportunities. Elections to the European Parliament will be held in Europe this week. (Elections will be held in 28 countries from May 23 to 26, 2019, 751 members will be elected. Those elected people will represent more than 512 million Europeans, which makes these elections the largest transnational...
=> Here we have a different view for French Equities as those who are following our telegram will already know. The case can be made that we are in a very large IVth wave of the V wave pattern since post 2008 crisis. => From a technical perspective this looks like a very large correction and should not continue its decline further than 38.2% (4525.x) => Anything...
The decision of the Brexit Referendum resulted in the key price level of 1.43 to be broken in 2016. This support turned into resistance and the price successfully rejected the price in the beginning of the year. A nice short opportunity presents itself: Wait for the weekly candle to close below 1.2730 First Take Profit 1.2509 (0.786 FIB retracement level) ...
This chart shows a relationship that every trader who is serious with the business has to keep in mind. The dollar is king, A STRONG DOLLAR ends up WEAKENING EMERGING MARKETS . This causes a capital flow away from them into safer dollar assets. Right now , my game plan for the foreseeable future is to look for a short with good risk reward in the EEM as a...
The trendline is being followed closely for this American version of the European Automotiv Manufacturer stock. If it retraces just a little more it would be easier to assume the stock price would soar to the 1.618 fibonacci level. The only problem with that valuation is the industry of this successful company. In Warren Buffett's book about what he looks at...
BME:IBC FX:ESP35 TVC:IBEX35 After the worries of Wall Street subside, the technical analysis tells us that we have entered an area far from the minimum of the year and waiting to rise slowly as it goes overcoming resistances. 1) Above the downtrend line (yellow), still remains 4 interesting resistances: 50 EMA, 100 EMA, 38.2% fibonacci (9826) and the...
FX:GER30 FX:ESP35 BME:IBC FX:FRA40 INDEX:CAC European markets looks good after a negative open and leaving behind the minimum of the session they are seeking to reach important supports. FX:GER30 have resisted and maintained the 12000 support. US futures ES1! point to a slightly bullish opening, so that European indices are not affected by Chinese...