The broad weakness of the euro in the foreign exchange market today was seemingly brushed off by bullish investors. The news about the Polish zloty and the “unnecessary” rate cut from the Polish central bank has weakened the Polish zloty, preventing bearish investors from regaining their footing. The euro to Polish zloty trading pair will remain widely bullish...
eurpln looks drop to confirming daily demand strong area. good time to set but limits.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURPLN Trading Plan BUY - Riks Reward 1:2.5
There is an opportunity to short the EUR|PLN coming off the top of the descending channel .
EURPLN Trading Plan SELL - Riks Reward 1:3
EURPLN Trading Plan BUY - Riks Reward 1:2.5
The pair will continue its rally towards a major uptrend resistance line. Poland's unemployment rate grew for the third consecutive month to 5.5%. Though its part of the country’s unemployment cycle, the increase in M3 Money Supply is threatening to weaken the Polish zloty. M3 includes coins and notes in circulation and other assets that are convertible to cash,...
The outflows from Poland have been staggering to say the least, large sharks abandoning ship before the storm reaches shore. Notice how the NBP (National Bank of Poland) has been dovish even though inflation ticks higher ...everything is fine right... We traded the PLN devaluation versus CZK previously, now I prefer EURPLN longs as my 'weapon' of choice....
I see the opportunity to sell EURPLN It is crashing down big time If you like my signal please help to like and follow Thanks
I see this pair and i think that this pair move very interesting way I want to see how it will play on this role I will be sell on this one If you like my analysis please help to like and follow Thanks
𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜. 𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥. The pair will continue to move lower in the following days toward its previous low. As the United Kingdom is about to depart from the European Union on January 31, a possibility of a new country leaving the bloc is increasing. A resolution calling for Poland to...
The Euro and Polish zloty (PLN) is testing a major support area on the daily chart, in place since June of 2018 The support area is a large one, between 4.26 and 4.237. The price has been consolidating around 4.26 since Dec. 17. The high of the consolidation is 4.2755 and the low is 4.2528 (small pink rectangle). The breakout direction for that consolidation...
The EUR/PLN is moving around the support zone between 4.25 - 4.28. Please be aware that around this level the EUR/PLN can make a higher low. If this happens, then a positive short term trend can start and that will give room for more upside potential for a test the high of this year! So lets watch closely to what will happen around this level.
ANALYSIS ON EURPLN Welcome to my analysis - 30Min CHart - Interesting Point of interest In the EURPLN pair. - Price above 100/200 day EMA. - sell at top 4.29000 zone. - Expecting more downward momentum. - Watch 4.2500-4.21600 for take profit. - MACD showing bearish divergence Stay Tuned