EU is painting inverse head and shoulder pattern on smaller time frame. CPI data is about to release. keep an eye on 1.1120 level. a breakout above this level will confirm H&S. also, keep an eye on CPI data and open long position based on that.
Looks like the EUR is finally out of its 10 months descending wedge, reversing its downtrend. What is helping the EUR finally push out? Could it be the political turmoil in England over Brexit? The US -China -Mexico dispute? None of this truly matter, its already priced in and all we have to do is look for a...
EURUSD has been sitting at the perfect spot technically, supported strongly as price bounces off strong trend line channel made off bottom in October 2000 and June 2001. Connected and then mirrored lower, formed a clear and strong channel, which EURUSD is certainly respecting it to the point. We will see demand in the EUR currency over the summer and trade is...
EURUSD seems to have untested levels. I don't have a trade plan yet but planning to go long as soon as day starts with a proper risk management. I'm going to update this post accordingly.
FYI: 1.1221 is a strong support
And here's the daily chart:
I know this is risky one. I'll give it a try!
This is not financial...
EUR/USD expect long term boom. it is going to uptrend with all next week calendar upcoming events.
What Is an Investor, its a full of answer. An investor isn’t any individual or other entity (for example, a business or mutual fund) who devotes funding using the anticipation of acquiring fiscal yields.