Fundamentally speaking: PRO's - Boris Johnson, "parties" controversy justified, which may cause destabilization of the pair as resignation claims for the PM increases. - BOC Monetary Policy - BOC Rate Statement - Overnight Rate - USD inflatory rate decrease may cause the CAD to strengthen overall against the GBP. Intermediaries - Higher oil...
Fundamentally speaking: PRO's - Fed's Brainard: Committed To Bringing Inflation Back To 2% Goal - Macron + EU voting fundamental. Intermediaries -Euro slips vs dollar as Treasury yields hit multi-year highs CON's - Covid Infection's could cause a standstill for EUR pairs. - Uncertainty with Ukraine War along with additional sanctions. - US inflation rates are...
The price hasn't made HH's in the Range that it normally trades in, I expect a rise to the previous resistance points, sort of falling wedge pattern is forming which also gives me a long bias.
Apologies for my previous idea, I was just using TA and wasn't aware of the current fundamental situation regarding Brainard and her speech. Both short / bearish sentiments are explained in my chart, thoughts?
This trade is oscillator based along with support and resistance / ADR. This is my 3'rd outlook.
Take Profit : 2072.841 Entry : 1966.809 Stop Loss : 1877.204 1.19 : 0.83 = Ratio Trade Type : Ideal.
I expect a long as stated in my previous EURGBP analysis, this looks like a really good opportunity that you should get on. 4/4 of my ideas were correct previously.
As you can see from my technical analysis, I expect a buy for EURGBP. Thoughts?
Here I explore both future outcomes for the pair ROBLOX and attempt to predict what price action does after it breaks past the fib levels.
I see confluence forming as the price moves above the Moving Average, look and see if price action breaks past 0.218 fib, if it does, proceed with a long. Check FIB levels.
I would like to see it test the fib level to a long but overall a short in the local downtrend.
GBPCHF is trading a key level, I expect a long due to the FIB levels.
I predicted the previous sell scalps like a charm, now for medium term I expect a long! BUY!
Price is going in a swing manner, I expect a drop to a SL then to a SH.
I precedent a sell from GBPCHF, basic Support and Resistance and Pivot Point's. Thoughts?
I am just following the simple concepts of trendlines, I feel like the price can push up even more,
I expect a Bullish Sentiment, let me know what pair's you want me to cover next, Price action is key in these levels.
It has given me what I was expecting to see, this is a buy.