The United States dollar is a Federal Reserve Note and is the official currency of the United States and its overseas territories. Many countries use it as their de facto currency, while others use it as their official currency. The US dollar is the world’s most dominate reserve currency and is used in most international transactions. It is flat money which means that its value is derived from government regulation or law.
I am afraid that BINANCE will affect the price of Ethereum
ETHUSD
Total books: $34,227,930.61 (-5.37%)
Global Bids: $17,877,485.32 (+3.85%)
Global Asks: $16,350,445.28 (-15.46%)
24hr Volume: $1,259,245,633.44 (+7.45%)
History and Application
This parabolic curve pattern was first observed in the markets over 50 years ago and was misnamed a parabolic trend. Then, observing a parabolic curve pattern on the charts was a rarity. With increased market participation in forex, with the added propensity to have increased buying and selling pressure on a currency pair by an increased...
Recently due to the news from EU euro wenr down. Now we can see a corrective Elliote Wave, where wave 1 is already done, wave 2 is in progress, so we have a reason to wait for the wave 3 down. In addition, there will be some news about EU at Monday, so it's highly likely we'll see another strong wave down. I suggest to put a buy stop order under the end of wave 1.
We are back at the support, as a trader I trade in low risk to high reward so for me this is a buy situation.
If it fails to break the support and go up -> WIN
If it breaks support and goes down -> SMALL LOSS
My green zone is a bit higher because of the spread, if you wanna enter a trade wait for it to be ~300.
Cheers everyone have a nice easter!
USDJPY as we see here USDJPY break out the resistance level and now we are moving up to the top of the channel , our target will be 112.898 we are on the forth wave of we may fall a bit more down but our target still at the top of the channel
If we break out of that longlasting channel we will breakout into a new bullmarket. Need a close above the line though. Till than, I think we stay in the channel.
I see a double bottom performing on the red line which would match the trendlines. These are not 1h trendlines, these are SOLID, HUGE Trendlines just to say.
Furthermore, the weekly RSI indicates,...
We looking at the 100 pips consolidation zone between 1.33 - 1.34.
There's two cases:
Bullish break -we will look for a retest on 1.34 to go long-
Bearish push -we will look for shorts with target 1.33.
After the aggressive drop, I'm expecting Gold to retrace back towards 61.8 Fibonacci level (where our trendline is) and then continue the bearish trend from there.
The pair has just bounced in a major trendline. I'm expecting the pair to drop towards the lower trendline but it will be ideal to take partial profits as soon as it touches the support level in 20 pips. However, in the long term, this could be a very profitable short swing trade with a very good risk/reward ratio (30 pips SL).
All indicators and oscillators are...
The EUR/USD currency pair on the 4-hour time frame has been following a downtrend recently. The price slides to the weekly low of 1.12273 on 18 April. The price action in the EUR/USD in mainly driven by the strength in the US Dollar. Euro dropped more than 100 pips against the US Dollar in 2 days before making a recovery attempt. The recovery attempt seems weak,...
The price has formed a bullish channel after breaking the previous bullish channel, there is a chance for history to repeat itself. The price has started to make its way towards the support level of this channel, if the price is able to break below the support we could see some major drops in the value of this pair
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
