The US dollar continues to get weaker and weaker. You see it in the news and on financial research across the world. It's weakening especially relative to other currencies and even emerging currencies. How long can this go on? What's next? Where would you rather put your money?
The key to understanding the US Dollar and its weakness is the expected push toward...
I drop this idea: because many people have written.
Yesterday I recorded a video with my vision of why the Euro will cost 1.25.
Link in the description.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your...
EURUSD on July 24 broke through a strong and important resistance line on the 1W timeframe
After this breakout, the price returned to this support line and was unable to break it.
Then there was a second return to this line of support during the US elections,...
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It will continue to the downside, but in front of it is a very strong trend line for the Yen, so if it is not able to break this trend, it will rise according to the scenario that you set.
NFP is threatening the breakdown in EURUSD and across G10 pairs.
The flows, with centralisation focused on the dollar follow profit taking and an early advance. This can be exploited and is easy to understand what is in play (as with NZDUSD). We have our shelter at 1.215x...
So, the price movement continues up and I also continue to hold an open buy trade, which I opened yesterday.
Yes, the previous week I was hoping for the price to fall, but the chart is changing, I continue to analyze it and also adjust my forecasts - to trade in the market you need to be flexible.
So why am I expecting the price to rise to the resistance line?...
Technical Market Outlook:
The EUR/USD pair has made another higher high at the level of 1.2138 it is on the way to the next target seen at the level of 1.270 - 1.2183. The nearest technical support is located at 1.2045. Nevertheless, the strong and positive momentum supports the short-term bullish outlook as the bulls are now in control of the market. The...
Trend power: 4
Overbought/Oversold : overbuying
Preferable trade direction : buy
Buy near 1,2090 with a stop loss above 1,2050 and a take profit near 1,2180.
Buy near 1,2000 with a stop loss above 1,1950 and a take profit near 1,2100.
Trend : 1
Trend power: 3
During the growth from the historical support line, from the point 1.162, the price rose to the support-resistance level 1.121.
This is a historically strong level.
There was only one chance (and several false breakouts) when the price broke through it.
However, now the price has support in the form of an equally strong historical line.
And the price will manage...
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The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..
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*The content on this analysis is subject to...
Since early August, EUR/USD has been in the consolidation phase, while the price was stuck between 1.1925 resistance and 1.6000 support area. But consolidation came to an end just a few days ago when EUR/USD broke above the key psychological level at 1.2000.
During the past 3 days alone, the price has risen by nearly 250 pips, which is quite a substantial...
EUR-USD is surging, defying all the technical analysis
Which means that it is going up on fundamentals
However, no tree grows to the sky
And the next resistance is ahead of us
I begins on 1.22222 with the high being 1.25211
I expect the growth of the Euro to Stop on this level
At least for some time...
Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...
EUR - BULLISH
1️⃣ Investors welcomed news that Poland showed willingness to find a solution that would allow an agreement to be reached on the EU's €1.8 trillion stimulus package.
2️⃣ The EUR was also helped by broad dollar weakness amid renewed hopes for a coronavirus vaccine and signs of progress towards US fiscal stimulus.
3️⃣ German factory orders rose more...