We currently broke out of a descending trend. I believe we will retest previous support in the 1.099 area if we can hold this major support at 1.077 area
As shown on chart. First scenario currently in play. If there's a sustained break below the bottom uptrend line and no signs of reversal there, I will be looking for longs in the second demand area for the second scenario.
(4HR CHART) Dear day traders looks like tomorrow will be a bullish momentum due to the scarcity of the corona virus pushing all the buyers to the EUR/USD my resistance level is on the 50% mark 40 to 50 pip move GET READY WHEN THE BELL RINGS >>>>
Yes. By next year the USD will dominate the EUR. There will be ups and downs for another year or so between them, but ultimately EUR will go back to it's 2001 low of 0.89, by 2025 (as low as 0.81). This one was very interesting for me to analyze. With heavy-weight currencies you have to go way back in order to make a precise analysis. So I used my thinkorswim...
Elliott wave + Momentum + Harmonic pattern High probability setup..
It’s time to talk about Trump, and why I think he’s done a good job at being a president so far. First of all, he is not your usual politician. This is good on two fronts simultaneously. Firstly, he does not have to return favors and kiss asses to the circle of insiders, which one inevitably amasses on one’s way up to the presidency, when doing it a...
FX_IDC:USDEUR Tweaked a couple of the levels and TLs around, but still steady grinding on up. Still shooting for parity unless Trump gets his way with the Fed to weaken the dollar. Looks like .90 will finally turn to support.
same scenario in gbpusd and gbpjpy
Our bullish bias originally posted this weekend remains after the market has had since opening.
I haven’t published forex analysis for a long time. Last week I was at a forex conference in Dubai. And I was pleasantly surprised by the quality of the people at this conference. That's why I want to look globally on the forex market. Euro / Dollar (EURUSD) most popular pair I showed large main cycles of 16 years. Methodology: 1. Visually determine the...
Welcome to Extreme Long Range Prediction Modeling of USD.EUR. I am your hyperspace archaeologist Glitch420. Welcome to the Hyperspace. This hyperspace is underdeveloped and does not contain important components of the protocols. This is a bare bones framework presented. The protocols used here were developed to help navigate quantum hyperspaces across any 2D...
There is too much pressure world wide to cope with the trade wars. It's going to be a race to the bottom. Central bankers world wide are now of the view that the only way to support ailing economies is to reduce interest rates and avoid the additional burden they bring on indebted companies. After the US currencies rapid rise as an alternative to weaker global...
Markets predict that the Fed will reduce interest rates by 25-basis points. Simultaneously also raising sentiment on whether there would be further policy easing. A rate cut and further policy easing would insulate the U.S. economy from the slowing global growth and the implications of the ongoing trade conflicts. Although the markets still expect a rate cut,...
This is Best Time to go short on USDEUR for 200 Piples moves.
I think its only a matter of time USD breaks free and pummels the Euro