EURUSD Technical Overview: Pivot: 1.1594 Key Resistance: 1.1568 - 1.1594 - 1.1622 - 1.1645 Key Support: 1.1522 - 1.1498 - 1.1465 - 1.1445 Day Trading Range: 1.1622 - 1.1498 Technical Indicator: Moving Average: SMA 50 (1.1593) & SMA 200 (1.1653) strong resistance for EURUSD today. RSI: The indicator moving oversold level below 30, soon it will go up side...
Technical Overview: Weekly Pivot: 1.1581 Weekly Resistance: 1.1631 - 1.1663 - 1.1713 - 1.1765 - 1.1790 Weekly Support: 1.1531 - 1.1501 - 1.1449 - 1.1420 - 1.1369 Technical Indicators: MACD: MacD starting for more down side moment & show volume for seller side. RSI: The indicator moving below 50 level, means more downward movement. Moving Avg: SMA55 (1.1612)...
EURUSD Technical Overview: Pivot: 1.1575 Day Trading Range: 1.1530 - 1.1630 Key Support: 1.1575 - 1.1545 - 1.1530 Key Resistance: 1.1600 - 1.1620 - 1.1635 Technical Indicators: Moving Avg: SMA100(1.1571) strong support & SMA200 (1.1611) strong resistance for the day. MACD: MacD still having buying volume & looking toward selling pressure. Most Likely...
So, we have a standard Head and Shoulders pattern, and we are currently at the Right Shoulder, "almost" at the end of the pattern. Price is currently inside a Box Area, containing many Supports and Resistances from a while ago. In the RSI, at the current moment, price may be confirming a Trend-Line, right after a Bearish Divergence. A Bearish Divergence is...
good day everyone the market is so volatile and instable lots of trades are changing directions due to the news however on the long run im waiting for this trade on the bat pattern to go short as per the chart showing
Hello Traders, Price still in the continuation pattern, If DXY will rise next week this pair will go down. I will manage to sell as much high as possible. If the price close above 1.18844 than the impulse will be invalidated and I will reanalyze the chart. Good Luck! Cheers, Jonas
Hello Traders, I finally get the impulse that we have been waiting since very long. Now, watch for continuation pattern to sell this pair. If the price will start to rise correctively, I will look for sell as much high as possible. Good Luck! Cheers, Jonas
I expect that monday the price will broke the little red trendline ( T3 ) and after test the support ( S1 ) and maybe break it. My SL area is from 1.07545 to 1.07645 and the TP are near to 1.05700. I'm waiting a bearish moment due to 2 main reasons: 1) technical analyse: I already explained it on the chart... the broke of the T2 and a confirmation ( ceiling...
I think we have diamond pattern on EURUSD and eurusd goes down tomorrow or next week. It should be good opportunity to sell eurusd. stop: 1.12500 and take profit at 1.112 good luck
EUR$ Technical analysis - highly bearish: Key level close: 1. On the daily and weekly we closed below the strongest pivot point of recent times below 1.10 - this is very bearish as historically this is the strongest level (lower than post brexit). MA: 1. We trade below the 2wk and 4wk MA - this is a bearish indication + we have been below the 3m MA since...
ECB nowotny reiterated senior member official sentiments regarding the situation with Italian banks unsurprisingly saying people "Should not over dramatise situation regarding Italian Banks". He also hawkish said that the Brexit impact forecasted on the EUROZONE economy would be less than the IMF forecasts. Perhaps the most important sentiment though was that...
The Gross underpricing of ECB and FOMC Monetary Policy Changes - A fully-priced medium-term equilibrium Lower coming? EURUSD: *Short EURUSD 3m-12m Duration: 1/2lots @1.11 - 1.07TP1; 1.04-5TP2 1.01TP3 1. On Decemeber 2nd the ECB cut their rate by 10bps to 0.05%, paradoxically this actually caused EURUSD to rally higher. Thus this is a mispricing as...
Bullard is the lone Fed official forecasting just one additional rate increase, and expects modest growth over the next two and a half years. But he reiterated Tuesday he's not expecting the economy to head south. However, did go out of his way to mention a relatively dovish point "We Have Some Ammunition if We Need it During Next Recession". Nonetheless he...
IMO FOMC George was largely bullish/ Hawkish $ on the margin; surprisingly coming out and stating for one of the first times that "Fed rates are too low" and "Not Raising Rates in June Was Due to Timing Issues" - these two statements imo hint that a hike coUuld be on the cards earlier than perhaps was expected (Dec), in-light of his opinion of them being too low...
IMO the ECB minutes were the most dovish/ clearly directed statements out of the ECB for several months. Before this, and in the past several speakers comments, sentiment has been towards the hawkish/ stale side, citing "ECB has done enough" as the main rhetoric. The June Minutes however show a renewed positioning of the ECB, where they clearly imply they are...
Usually I dont post trade ideas based on shark patterns. The reason is Sharks can complete between 0.886 & 1.13 which makes traders to get confused when to enter. So if you guys have traded sharks successfully & have own set of ratio's : this trade idea is for you only. EURUSD is channeling for sometime and the recent close below our trendline put us on...