Value in Description ⬇️ Beware we have returned close to our extreme prices after an abrupt beginning to the week. Price fell into the abyss as optimistic buyers were a bit too early like myself. This NY session though we managed to grab a spot on the train. I was bearish walking into the week and was expecting a pullback to these prices. However , after that...
With the global economy showing more resilience and the Fed slowing its pace of tightening, we believe EM currencies can outperform relative to G10 peer currencies this year. Attractive real yields should result in market participants accumulating exposure to developing currencies, while our assumption for contained banking sector stresses should lead to improved...
Hey Traders, Bullish Compression on Fiber. Still bullish, but nearly weak momentum, reverse probability.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
According to the structure of the dollar index, we will buy euros with a close stop on Monday
With the global economy showing more resilience and the Fed slowing its pace of tightening, we believe EM currencies can outperform relative to G10 peer currencies this year. Attractive real yields should result in market participants accumulating exposure to developing currencies, while our assumption for contained banking sector stresses should lead to improved...
The Canadian dollar remains relatively weak against the greenback, as it continues to hover near its cyclical high. While many investors fear a tightening of global credit conditions, some believe that Canadian bank could face a very difficult environment due to their exposure to residential real estate in a much higher interest rate environment. Combined with...
From the 1D chart of EURUSD, we can see a pattern resembling a U-shaped bottom, with three bottoms around 1.05. Currently, it has reached the phase resistance level, but the pattern is not yet complete. The strong resistance level should be around 1.098-1.1. It is not difficult to see from the 30m chart that there is support around 1.091-1.088, and 1.086 is a...
The Canadian dollar remains relatively weak against the greenback, as it continues to hover near its cyclical high. While many investors fear a tightening of global credit conditions, some believe that Canadian bank could face a very difficult environment due to their exposure to residential real estate in a much higher interest rate environment. Combined with...
After a strong first quarter for equity markets, the second quarter brings its share of new challenges. The unexpected announcement from OPEC+ to cut oil production did not provoke panic in stock markets, with the main stock markets closing the day up, but caution is still the name of the game. The ISM manufacturing index, released yesterday in the United States,...
The EURUSD pair has recovered after the drop below the 4H MA50 (blue trend-line) and is almost at the top of its short-term Channel Up. With the 4H RSI reaching its Lower Highs trend-line, we expect pull-back to the bottom of the Channel Up and the 4H MA50 before a rebound that will test Resistance 2 and our 1.10300 long-term...
TVC:DXY OANDA:EURUSD I always have the Dollar Index close by my side Correlation = "a mutual relationship or connection between two or more things." Trade well
Looking over the higher time frame, and using various looks, most all signs point to a higher price in the near future. I will be watching the 1.082 levels, looking for rejection before entry near the long tool. With the target at 1.11315, outlook to 1.115, there is plenty of room for reward to make sure of a good entry. I want to make sure we have some reaction...
In the lower tf we can see that the market is still bullish, maybe this week or tonight the market will create a new higher high. Again trade with caution. Peaceeee minna-san! P.S the marked poi was in m5 order block with liquidity, might trade it if the price will go there :)
Hello,Traders! EUR-USD hit a local horizontal Resistance of 1.0924 and we Are seeing a bearish reaction So despite this being a Counter-trend trade We can still expect A move down with Reasonably good probability Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURUSD close above a recent higher high and is retracing to retest the demand below. Buy!
By examining the gold chart in the 1-hour time frame, we have reached 3 important scenarios, each of which is specified based on the percentage of realization on the chart, pay special attention to the important levels of supply and demand and liquidity pools ! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This...
The possible scenarioes of Euro/Dollar is indicated on the chart, pay special attention to the supply and demand levels indicated on the chart! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.03.2023 ⚠️(DYOR) ❤️ If you apperciate my work ,...