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yandas

After testing a strong resistance level at 113.80 from 2019, the pair is going down to 110 level, selling long term. Moreover, after overbought price action, the RSI give us confirmation. Time to take nice shorts. Make money with us dear traders and let us know your opinions.

yandas Updated 

After not being able to break the strong resistance zone, the price action ends the thirds elliot wave. we can expect to price to retrace around the demande zone which is 38% fibo retracement. Entry : 81.91 SL : 82.15 TP : 81.53 Traders enjoy making profit we us.

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Wall St tumbles over 2% on growth worries Sept 20 (Reuters) - U.S. stocks sharply dropped on Monday as risk-off sentiment gripped investors on concerns over the pace of global growth and a possible spillover from China Evergrande's troubles, ahead of the Federal Reserve's policy meeting later this week. The Nasdaq (.IXIC) tumbled as much as 2.9% in afternoon...

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As you can see, the price was rejected from a very strong resistance zone and found support at 61.8% Fib level. therefore, we can expect a slight down move after which a consolidation period should start. Traders out there, please share your opinions with us.

yandas

Storms hitting the US, this will probably cause the Dollar not to stand the upcoming NFP Source : www.wsj.com

yandas

After many attempts to break this strong restistance, the pair is finally moving smoothly towards 1.19 zone and this will impact a lot on the upcoming NFP which is tomorrow. Traders, please share your opinions with us.

yandas Updated 

After testing the support, the pair is moving with strong momentum towards 1.90.

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“Fed hawk Kaplan last week indicated that a rise in Delta cases could make him rethink the timing of his support for tapering. While this would be a USD negative factor on one hand, delta worries may simultaneously increase the safe-haven appeal for the USD.” “On balance, while pullbacks are likely to be par for the course, we see scope for EUR/USD to head...

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A lot of people confuse this fibo retracement associating it to dollar fall. Unfortunately they dont realize Euro is going down in the dumps since the dollar and general economy of the country are doing quite well. before the first Jackson hole day 1, the pair will start it journey to 1.60 support zone.

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As you can see, the Elliot Head and shoulder should continue since with have confirmation at a key level.

yandas

After a 3 days pause around this key support level, the Pinbar confirms that the price is buying towards 1.39 resistance zone while we can clearly see that the price has reached the demand zone. therefore, we can take long positions. Traders out there, please feel free to share your opinion with us

yandas

Due to the new rise in covid new variant in the US, the Dollar will drop in the next few hours and will after all the pair in Dollar index basket 🧺 Therefore, in my opinion, it is time to go long on quoted dollar pairs and go short on base dollar pairs.

yandas Updated 

Today events related to the current crisis of COVID19 will push the price of this pair to 1.15 it is time to sell!!!!!!