50/50 bias formation. Mostly like bullish outbreak, given positive signs in US Equities.
Euro Stoxx 50- Major breakout inevitable. Symmetrical triangle formation breakout will be violent. 50/50 chance of either bullish or bearish breakout.
1-2-3 Low inside a big rectangle linked to 2015's maximums
This could be a large WXY flat correction. We are in the last Y wave down. It could be a hefty gain. Target at 2655 level is the minimum. I like European indexes clean charts and ideal touch points as you could see in the EURO Stoxx 50 here.
Review: After the last analysis from September 7, the Eurostoxx did not fall below 3363 and thus continued its forecasted upward trend. We were right in our expectation that the index didn't touch 3400 anymore. You can read the old forecast here Forecast: This develops to a perfect trade. Now we have to prepare for the start of a correction wave in the area...
One day goes up and one day goes down It's better to wait for the break of the triangle formed by the intersection of the bearish channel and the red line of the fibonacci's fan Fisher indicator that could return bearish. The targets are 3605 in the event of a break up and the 3406 in case of break down
One day goes up and one day goes down It's better to wait for the break of the triangle formed by the intersection of the bearish channel and the red line of the fibonacci's fan Fisher indicator that could return bearish. The targets are 3605 in the event of a break up and the 3406 in case of break down
Weekly (blue) and monthly (red) levels. active layers dashed A neutral scenario waiting to see whether it will be a continuation or a return. www.leonardofranci.com
And here's the fisher indicator has finally given off the short signal Today or tomorrow we should finally reach the target at 3406, with extension on the Fibonacci's support at 3385.5
Hello everyone! Following recent fall in global stock markets, if the downtrend continues, OANDA:EU50EUR will likely form the bullish blue wave. As a possible confirmation for current continuous downtrend, minor yellow wave is being formed. However, even if it doesn't succeed and the price reaches 349x-35xx support area, this will provide an interesting...
we have a nice chance for an breakout above the resistence zone
Nice short-term Reversal Trade taking advantage of the upward move in the range bound trading. The removal of political risk and the inflow of investment from US to europe would further boost it.
The Eurostoxx 50 is being to splutter.. the rally since the 8th February is slowing, and a very bearish divergence has formed since the 10th March. The lower high set today confirms that these stocks are looking tired. Our key support target is 3400.
So "they" want everyone to turn bullish (whether artificially or not) or be stopped out. The weak buyers are being washed away, shorts must be covered or the shorters will burn their feet if that's not already the case. Retail investors are still very bearish overall, but what is observed in Europe and in the official financial news show that money is flocking to...
After a downward breakout from a consolidation figure (flag), the EuroStoxx 50 is pulling back in the Distribution zone between 3232 and 3251 points. The index is approaching a ST pivot at 3243, but there are strong resistances in the area around 3250: these points are potential sell levels when the pullback momentum weakens.
On thursday ECB president Mario Draghi maintains a dovish tone on rates, Bund reacted with an attempt to rally from lows of 162 and closed 162.36 that day. However that rally was short-lived as the US Dollar continued to strengthen ahead of Trump's inauguration while pushing global bond yields higher. Bund closed on a critical support level of 162, which has...
Alla vigilia del ADC di Unicredit, non sono molto ottimista sul futuro del settore bancario Europeo. Il future si trova poco sotto l'area di accettazione posta a quota 176, round number, VAH 2015-2016, importante HCR settimanale (ed in passato anche LCR sul quale il future è più volte rimbalzato), dove sono allineati più High/Lows e peraltro livello coincidente...