Bearish trend for EXY, Two strategies Placed, Must trail profit rather than booking complete profit.
The biggest dump of all time is yet to come i think it’s about to happen
The Euro has weakened and had an increased sell pressure, especially against the dollar. I expect the pressure to continue until it reaches the next major support level.
my humble Analysis on EURO Currency index , we can go higher than the targets mentioned in the chart
Strong bearish momentum after declining from the upper trend line, we are now at 50.0% pullback, and we can expect a further decline in the euro index to a 61.8% level.
in Daily time-frame we see a clearly Head & Shoulder pattern. Also breaks another trend line and retest it, ready to booom! Target level is 113
Take note of both Dollar and Euro charts and deduce something out of it. Leave your views too
The Euro Currency Index (EUR_I) represents the arithmetic ratio of four major currencies against the Euro: US Dollar, British Pound, Japanese Yen and Swiss Franc. All ratios are expressed in units of currency per Euro. The index was launched in 2004 by the exchange portal Stooq.com. Underlying are 100 points on 4 January 1971. Before the introduction of the...
Profitable Deals Not a Lot Of Indicators Good Analyse = 85% Easy Money You can text me for a business
In the weekly chart, Bullish pin bar have been created. it will help Eur/XXX to be bullish and fly higher I will focus on Eur/usd & Eur /jpy
EXY might be completing its ABCD structure, if so then then the 119 support will be respected and we'll see more down trend in the upcoming week. Note that that arrow is equal to BC.
Hy trader, good mood and profitable trades ! 💲 In the 1h chart we can see a negative correlation between DXY and EXY. While DXY broke out of the falling wedge with a nice kick, we saw EXY break out of the rising wedge. In the Dollar index I see a nice bottom formation with HLs and a HH. In the Euro Index we can see a top formation with LLs and LH ! My trading...
Price can go in my predicted price
the index is bullish toward its target @123.37 and then @124.46