DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
ISHARES MSCI EMERGING INDEX FUND, SPDR S&P 500, GENERAL ELECTRIC COMPANY, PACIFIC GAS & ELECTRIC CO., ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
The last few days will be crucial for the financial markets, in particular, the currency market, the bond market, and the stock market. Particularly with the large-step approach of the mid-term elections of the American president. Some believe that if Republicans manage to keep the House of Representatives and by increasingly establishing a majority, the prices ...
You have front of your eyes the evolution of the relationship between the currencies of risk appetite and the currencies of risk aversion since the exit of the financial crisis of 2008-2009 to today (at the dawn of a new market shaking). We find ourselves curiously in the same configurations and this seems to ripen quietly week after week.
Note: The markets are ...
Euro index fall soon
EXY EUR.INDEX BUY
EXY EUR.INDEX BUY
Chart self explanatory
EXY has demonstrated a very strong bull candle today, there will probably be bullish moves with the eurxxx pairs until midweek.
Euro Index has a high level MACD Divergence for Bull - 1D & 2D.
EXY got a long lower shadow - near a Hammer yesterday.
Euro gets strong and valid support from previous support zone: 113-115.
Target 1: 118
Target 2: 124
If it goes over 118 successfully, a bull run toward previous high 124 is expected.
We can see a Bearish Head & Shoulders on the Weekly chart, I'm shorting the EUR against the strong US Dollar.
short then long
EXY headed to fill a gap from the 29th. Once it does, it'll most likely hit hard resistance and complete a harmonic pattern.
Possible Head and Shoulder in Euro Index
#EUR #index #Bearish
...as I have already written in a couple of other trades. The EUR pretends to be strong, but many problems are not solved and won´t be solved within the next months (Turkey (Why Turkey? Who do you think bought all the Turkish bonds: European Banks), Italy… etc.). ECB will likely not change the current course (QE, interest…).
First Signals are turning on: EMA50 ...
I predict the direction as per my chart by following reasons
1. Soft Brexit is pending, and EU zone shows their weakness in dealing with that.
2. The Turkey tumoil, it makes the EU in danger
3. Price has broken the lower band of Pitchpork and also the trendline with a strong momentum
Happy trading !
Subscrise if you ...
current trading at falling wedge support which bullish pattern.if euro succeed to make reversal from here it can give move toward 120 on weekly chart.
on flip side is break below 112.50 it will open doors for 104.
wait for conformation
Short EURO for long term