Expecting the price to fake out below the support and next make a bounce towards the resistance. Nice almost 2 % move. Flip short at the resistance. Expecting this trade to play out in the next weeks.
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, here's a Forex update on the popular trading pair EURUSD. It's the last month of the year 2022;...
There is a short relief that we are currently experiencing which would confluence to around February 2023 for a bearish USD rally. Then a massive bullish USD move for the next decade. Would work well together with 2020-2030s bear market predictions and a deep and long recession. What surprises me is that the numbers for DXY are exactly the same as they are now.
Hİ GUYS; EURUSD pair in the short term; tp1:0.99600 tp2:0.99350 will want to test the levels. it is not investment advice.
The euro strengthens against the U.S. dollar as rumors have it that the ECB is mulling a 75 bps rate hike during its monetary meeting on 27th October 2022. Currently, EURUSD trades near the 0.9959 USD price tag. As a result of the upcoming ECB decision, we expect it to strengthen temporarily. Although at the moment, we have doubts the rate hike will have a lasting...
The party's not over! With the sharp bounce-back from the support, dollar further gains against euro in what appears to be the greatest bull market of the pair of this year.
Entered as shwon on chart. Betting on a test of higher resistance.
Please give a feedback in comment for this analyse, THANKS!
Friday, 7 October 2022 19:12 PM (WIB) Notes: Wait for the price touch the Support Lines and prepare buy order. Monday Morning. 11 October, 7 AM.
Euro /U.S.Dollar moved as I expected ✅👇 Now, Euro /U.S.Dollar is running near the middle line of descending channel; at the same time, it was able to make an Evening Star Candlestick Pattern (reversal pattern). I expect Euro /U.S.Dollar will touch the lower line of descending channel at least. 🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 4H⏰. Do not forget...
Hello everyone, let's take a look at the USDEUR weekend chart as you can see the price has been moving in the uptrend channel since 2008 and has broken the downtrend line that has been going on since 1985. Let's start with the designation of the support line and as you can see the first support in the near future is 0.95, if the support breaks down, the next...
From 1985, DXY oscillated into falling wedge and nowadays rising on EUR weakness. This falling wedge got confirmed and trend is strong. Consumers prices rises to try accelerate worldwide economy. Damage was done in US by printing. However, the war in Europe destroying Euro. Many of Us, traders and investors thought this have to come sooner or later. With that...
The DXY is approaching a meaningful trend change! Don't be fooled by the Fed, the USD will soon reverse course no matter how much the federal reserve wants a strong dollar, the fiat currency seems to be approaching extreme overbought territory on the weekly chart on every momentum and price oscillator I could find. Be on the lookout for risk on assets to reverse...
Hello my friends, Everything is marked on the chart. We have a breakout and a new upward trend, for now we can enter the buy position with retest the support zone . Good luck. If its useful please like it as a support and follow me to next analysis :)
First full week of the new month. My expectation is that market will grab sell side one last time possibly with a big push, and then chase buyside from late last month. Ultimately I think the month will close red however. I see short term trade opportunities both to the down and upside.
Expecting a growth in the euro and a decrease in the US dollar FX_IDC:USDEUR