The signal of trend reversal convergence will appear when the downtrend turns into an uptrend. At that point, in a downtrend, the subsequent lows will be lower than the previous lows. However, oscillating indicators behave differently, as they show that the subsequent lows are higher than the previous lows, indicating that the momentum of the downtrend is...
The euro, Europe's common currency, has showcased remarkable resilience amidst the prevailing headwinds of the global economy. Despite challenges stemming from geopolitical tensions and inflationary pressures, the euro has remained steadfast, bolstered by the European Central Bank's monetary policies and the region's strong economic fundamentals. Recent...
According to Politico sources, the deal would impose tariffs of 25% on steel and 10% on aluminum. The agreement creates a "club of like-minded economies" and aims to impose tariffs on imports from economies deemed to provide subsidies to key sectors such as steel and clean technology. It is said that The US and EU are still negotiating plans to create this "global...
I was looking at this with the RSI open and was getting mixed signals. The daily timeframe (short-term) also, mixed signals but this isn't the case for the long-term. The blue lines you see here, that's the trend. Both the long upper wick March 2022 and the crash May-Dec. 2022 are the excess. This chart is clearly saying that the Euro is set to continue...
Ruble falls in the wake of the decline in exports from Russia. I expect 80+ rubles for 1 euro in January.
EURRUB $EURRUB Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Ritual figures on the chart that were ahead of the events in Ukraine. The timeframe on the chart is 1 week. 57 weeks (12) Time 399 days 21 (management changes) Potential maximum channel height + 303% 57 weeks. 399 days. It all depends on how the price fixes in these important areas. Fixing the price above a certain zone will mean further growth of the dollar...
Extremely High-Risk EURRUB Initial Short. We already had a short going on this pair, it hit TP1 and then stopped out at breakeven. Looks like its going for another swing low. I'm posting this purely for speculation purposes. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset. This signal also uses Super 6x: RSI, MACD, Stoch,...
EURRUB Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
a lot of gaps which is not seen on a forex chart. these gaps are nothing else than accumulations of liquidity exit level a smiley north
Hello Dear Traders, You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 88.15 as I am showing in my chart. Our Daily Goal is 87.85. Currently, EUR/RUB is moving towards the resistance level of 88.85,where there is some liquidity from this...
Hello Dear Traders, You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 89.35 as I am showing in my chart. Our Daily Goal is 89.25. Currently, EUR/RUB is moving towards the resistance level of 90.05,where there is some liquidity from this...
Hello Dear Traders, You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 86.25 as I am showing in my chart. Our Daily Goal is 86.05. Currently, EUR/RUB is moving towards the resistance level of 86.85,where there is some liquidity from this...
Let's form a head and shoulder inside this bullish flag, nay descending channel. Hopefully, price will break the shown resistance, and bounce off from the upper edge of the channel for better RR. In the end, we should have formed a big H&S on HTF... Actually, all this is within one big rectangular range. And this price descent is from a double top. All the best.
Hello Dear Traders, You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 87.65 as I am showing in my chart. Our Daily Goal is 87.25. Currently, EUR/RUB is moving towards the resistance level of 88.6,where there is some liquidity from this...
Hello Dear Traders, You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 87.55 as I am showing in my chart. Our Daily Goal is 87.25. Currently, EUR/RUB is moving towards the resistance level of 88.15 ,where there is some liquidity from this...
Hello Dear Traders, You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 85.95 as I am showing in my chart. Our Daily Goal is 85.75. Currently, EUR/RUB is moving towards the resistance level of 86.75, where there is some liquidity from this...
Hello traders! After our succes trade on EUR/HUF is here next nice setup. Positive swap points like a bonus.