As the USD builds momentum, and XXXUSD UDDXXX crosses come under pressure, I'm especially interested in EUR that was slammed across the board last week. We smashed down through the 109 level so I'm expecting a retracement to that level and then a push lower. to around the 1.075 level. This is a 1:6 Trade, good odds for me. For me recent EUR strength has been...
Mega bearish on EUR at the moment and I think we'll continue to see EURCHF slide. Here's my ideas, plan A and plan B both resolve at a TP of 0.967 but I think we'll break through the demand zone and head down to 0.957, which is a 1:6 trade. Last week the Euro was the worst performing G10 currency in my analysis, we can see USD strengthening (which indicates risk...
EUR/USD rose from a two-week low as the dollar fell and rose for the first time in four days. Technically, the upward trend intends to regain the 10-day moving average on the daily chart. The Job report in Eurozone and the United States will be released within the day to see if it is good for the EURUSD to continue to break through and close to 1.11. However,...
In the euro-dollar currency pair, divergence can be seen in the RSI, by breaking the trendline, I am looking for its short positions. up to Fibonacci zones ✌️ Make money 🤘
As you can see in the image, we have some information about what will happen.
EUR/JPY Price Analysis . From a longer-term perspective, the EUR/JPY formed a double bottom, meaning that the EUR/JPY pair is upward biased . A decisive break above the latter would send the EUR/JPY pair rallying toward a 2022 high of 148.40, but it would face some hurdles on its way north.
Here are some of the notes I had put down since 2020. I am wondering how long the EUR/USD can hold above the 1.05 lvl . The Federal Reserve is on a path to keep hiking, in hopes of combating inflation and winning on that front. The ECB is stuck between a rock and a hard place as inflation is still extremely high and the economy is barely above water. I think price...
My long entry at 1.08442 SL 1.0744 TP 1.1190 Small size since i think it might want to retest that 1.0520sh level. Be looking for new entries. Stay tuned.
DAX Weekly Volatility Analysis 12-16 Dec 2022 We can see that currently the implied volatility for this week is around 2.82%, DOWN from 2.9% last week according to DVOL data With this in mind, currently from ATR point of view we are located in the 24th percentile, while according to VDAX, we are on 8th percentile. Based on this, we can expect that the current...
'''''''This is NOT a financial advice"""""" In this pair, the price can still touch 0.98 area before continue its journey on formed channel since early september. Meanwhile European countries are preparing themself for coming winter and of course Russia will use this opportunity to put some pressure on EU to get off of some sanctions. that means Euro zone is now...
EURGBP Intraday - We look to Buy at 0.8650 (stop at 0.8600) Buying pressure from 0.8690 resulted in prices rejecting the dip. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further downside before the uptrend returns. Further upside is expected although we prefer to...
EURUSD Monthly Forecast Movements 1-30 November 2022 We can see that for this month, the implied volatility is around 3.57%, increasing from 3.5% of last month. This is currently placing us in the 88th percentile according to ATR and 92th according to EVZ Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle...
The yen maintains its positive momentum by attracting buying flows from investors seeking refuge in safe-haven currencies as global recession fears grow. The yen also received additional support after Bank of Japan Deputy Governor Masayoshi Amamiya acknowledged last week that the BoJ should begin considering tools to end ultra-expansionary monetary policy,...
The ECB meeting has marked a rise in interest rates of 0.5 points. This has caused the EURO-DOLAR pair to rise to 1.0227. Although it will make the EURO stronger, there is economic uncertainty and complexity of the current European situation very difficult for it. In addition to no measurable productivity gains in recent times, the Italian community owes more...
Dec 15th, 2020 : Buy to 1.232 then Sell BIG ... Been short ever since. Not happy about it since I am European but at least the chart worked perfectly. After all we only need 1 trade like this per year, it's enough. One Love, the FXPROFESSOR ps. we will probably see parity this summer..wow
EURNZD Intraday - We look to Buy at 1.6642 (stop at 1.6609) Daily signals are mildly bullish. Expect trading to remain mixed and volatile. Trend line support is located at 1.6640. Bespoke support is located at 1.6640. Our profit targets will be 1.6733 and 1.6753 Resistance: 1.6740 / 1.6770 / 1.6800 Support: 1.6700 / 1.6670 / 1.6640 Please be advised...
EURNZD Intraday - We look to Buy at 1.6683 (stop at 1.6647) Previous resistance level of 1.6670 broken. Previous resistance, now becomes support at 1.6670. Daily signals are bullish. Our overall sentiment remains bullish looking for higher levels. We look to buy dips. Our profit targets will be 1.6779 and 1.6799 Resistance: 1.6770 / 1.6800 /...
If you haven`t shorted here, when i gave you this signal: Then you should know that as long as the war continues and the sanctions to Russia, we will see a weaker Euro and a stronger Dollar. EUR/USD is the most actively traded currency pair in the world. The European Union rely on Russia for almost 38% of their imported natural gas . Germany gets about 50% of...