Long run at eurostoxx 50, 555 pips up. im betting on this run apart of we being in a bull market and my indicator have a hidden divergence input in it, settings until Octobre or November of this year, lets see if it gets there Day Candles setting for the next Half year
Eurodollar is seeing some stabilization in this price area. There is a support level around the 1.07 from last weeks price action. Consider buying the currency and selling in the 1.08 area. This week ECB and FED meetings are up. While ECB hike is certain, dollar hike has a 30% probability and it wont probably realize, so there is some euro upside not currently...
Trade Idea: Selling EU50 Reasoning: Double top completed on the daily chart. Lower prices expected. Entry Level: 4253.5 Take Profit Level: 4205 Stop Loss: 4275 Risk/Reward: 2.3/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
Trade Idea: Selling EU50 Reasoning: Major resistance on the weekly chart Entry Level: 4393 Take Profit Level: 4347 Stop Loss: 4412 Risk/Reward: 2.25/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
An often overlooked index, the EURSTOXX has been on a rising 1W MA50 (blue trend-line) since late January. This is a major Bull rally continuation signal as it matches the pattern of four prior uptrends of the past 10 years. The 1W RSI has turned neutral and during Bull Cycles, this is always a strong signal to enter. We are expecting a peak on this rally close to...
In this update we review the recent price action in the EuroStoxx50 and identify the next high probability trading opportunities and price objectives to target
In this update we review the recent price action in the Eurostoxx 50 and identify the next high probability trading opportunity and price objectives to target
EURO STOXX 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022 We can see that this week, the current implied volatility is around 3.05% , down from 3.16% from last week. According to ATR calculations, we are currently on the 6th percentile, while with VDAX we are on 1st percentile. Based on this data, we can expect on average, the movement from open to close of the...
EURO STOXX 50 INDEX: Potential for bullish extension towards 3,950 and 4,000 in the short term (5 to 25 days). This can be technically supported by the fact that current price is above its 4 and 40 week moving averages, the clearing above the 3,810 August (17th high) and the facts that both the 4 and 13 week rate of change indicators are above their respective...
Dead Cat Bounce Ranging Downtrends Stronger than breakout patterns BEARISH
Trade Idea: Selling EU50 Reasoning: Looking for secondary aggressive selloff Entry Level: 3602.0 Take Profit Level: 3476.0 Stop Loss: 3634.0 Risk/Reward: 3.94:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
Trade Idea: Selling EU50 Reasoning: Head and shoulders top with a gap fill Entry Level: 3765 Take Profit Level: 3700 Stop Loss: 3785 Risk/Reward: 3.58:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Trade Idea: Selling EU50 Reasoning: False breakout on EU50? Bears to return ahead of ECB meeting? Entry Level: 3955 Take Profit Level: 3533 Stop Loss: 3621 Risk/Reward: 2.31:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
Reading charts is just one part of trading a bear market, another highly significant part is a solid understanding of market psychology, heuristics and biases. Having spent 14 years in a QE fuelled bull market where there were few inexplicable events and certainly no major forced liquidation events, it is easy to understand why so many participants get so excited...
Just a quick note on the Eurostoxx specifically to highlight: 1. We are now most definitely trading below the 2 year uptrend that was causing the ongoing corner formations, good to get that out of the way 2. The index has found support temporarily off the March lows and various highs from 2020 3. If this breaks, which we expect it will sooner or later, the...
Sanofi Short Term We look to Buy at 95.00 (stop at 91.90) The medium term bias remains bullish. Levels close to the 50% pullback level of 93.25 found buyers. Previous support located at 93.08. Further upside is expected and we look to set longs in early trade. Our profit targets will be 104.35 and 110.00 Resistance: 95.16 / 98.22 / 104.35 Support: 93.25...
In this update we review the recent price action in the Euro Stoxx 50 nd identify the next high probability trading strategy and price objectives to target
As our first post it is essential to publish our longer term trend channel work as it provides the larger backdrop to our more detailed and shorter term work that we will be publishing in due course. Starting with the Eurostoxx 50 Index (SX5E) we saw a 19% rally in as many trading days off the March lows only to run into resistance and the 3 month downtrend...