Target 1.172/1.174 main Stop Loss at 1.167 *Disclaimer : I just share my view. Please trade with your own and comfortable ideas.
It has been true that markets were mainly driven by USD weakness and strength for the last few years. Dollar strength means mostly deflation for everything else, including Crypto as well. This USD vs Euro graph is a bit concern for me. On weekly basis, the parity is squeezing in a flat bottom triangle, and targeting sub .70 area, a the end on the long run. Also in...
USA in long term move toward weaker currency. Probably because of export position in world and fight back China. In mid term probably trump empower export position in next presidential for 4 year.
Expecting trading ranges between 1.1773 and 1.169. Now it seems best level for selling with the stop loss of 1.181 #currency *Disclaimer : I just shared my view. Please trade with your own and comfortable views.
#EURUSD Little Target 1.66 Stop Loss at 1.61 *Disclaimer : I just shared my view. Please trade with your own and comfortable views.
Best level for Buying is 1.1713 Best level for selling is 1.1832
Mini Target 1.185 for short term Main Stop Loss is in 1.189 *Disclaimer : I just shared my view. Please trade with your own and comfortable views.
If usd defend 0.82% maybe stroge era of dollar happen again
Hello everyone, In this chart you can see the major EUR/USD longterm downtrend. And as we can now see the Euro has come up to a major inflection point. Currencies turn over a longer period so we should still see 45-60 days of chopiness between 1.18-1.20. And then I'd give a 70 % Probability of the Euro going down against the dollar. Though most recently the...
Hi All, I have drawn the structure and reasons for price action. The 0.318 level will bound to give a bounce and when looking at the overall Elliot wave correlation, its wave E of a complex wave which should break up and the USD regain lost ground against the EURO Weekly indicators supports a reversal coming as the bottom is near. Monthly chart Please give...
Refer to chart for trade idea.
Nothing really changed from last week. Euro tried to close above 1M Trendline and got rejected for the 2nd time: This fact signals that Uptrend is getting weaker and weaker, so we should pay great attention to local Support/Resistance Zones: It is recommended to open SHORT/LONG positions ONLY from the local zones. Also, make sure that you've checked my...