About me🐮Hello Mr/Mrs 🐻
🗣My name is Erik I'm a forex analyst with a 2 years experience in this field.
🇦🇱I'm of Albanian origin and I live in Albania where Forex has not yet formed its form as a popular trading platform.
Getting a lickle buy signal, but there is resistance on the 4H. I bet the time that breaks price would have pushed up on 1.1370 already.
EUR has been strengthened with 7.0 today and is expected to up in 1.370
The announcement of this 90-day cooling-off period has given risk assets a healthy push higher, while the Australian dollar - a proxy for Chinese trade - has also pushed higher, continuing its recent rally. On the daily chart the Australian dollar is getting short-term support against the US dollar from the 200-day moving average which it is now trading back above...
1) We have A Double Top In PP 1.63544
2) Bar Pattern (But, here the pair is overshadowed by positive RSI divergence which shows decreasing downside momentum. As such, this could precede a turn higher towards 1.5772. Climbing above that exposes a former range of support between 1.60128 and 1.59855. Thus, the EUR/AUD technical outlook will have to be slightly...
Fundamental Australian Dollar Forecast: Neutral
-The Australian Dollar could gain if the weekend G20 offers a trade breakthrough
-However the issue is complex and markets could be hoping for too much
-The RBA sets policy Tuesday, may fret AUD resurgence
The continued float higher by the DXY Index hasn't altered the technical picture. Price remains above its daily 8-, 13-, and 21-EMA envelope, but both daily MACD and Slow Stochastics are not pointing higher. The DXY Index appears to be in a 'melt up' situation towards the yearly high at 97.69 (although indicators are have diverged due to the lack of conviction in...
When looking from technical perspective, the near-term chart shows that buyers are still maintaining the momentum in a move to the upside today. A follow-through buying has the potential to continue lifting the pair further towards 2018 swing high resistance, near the 1.3380-85 region, touched in June. On the flip side, the 1.3300 handle now becomes immediate...
Any big drop buy . It should be little down before or during the eur market open . Then is the chance for buy . First target today high if break 1.3380 is the target . If break 1.3385 . Then We should not see 1.32range for a long time