EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE At their previous meeting the ECB hiked by another 75bsp, and with HICP >9% it should keep the bank hiking for now. ECB sources notes the bank is planning to discuss QT at their Dec meeting. On spread fragmentation, the bank didn’t provide any new info or clarity on how the eligibility might impact countries...
German PMI figures outperformed expectations, reaching 46.7, strengthening MoM by a value of 1.6 indexed. Whilst this is still firmly in contractionary territory for the German economy and the number of new orders remains heavily depressed, It was still a kernel of good news for Germany and the wider Eurozone. By the same token, Eurozone manufacturing PMI figures...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE At their previous meeting the ECB hiked by another 75bsp, and with HICP >9% it should keep the bank hiking for now. ECB sources notes the bank is planning to discuss QT at their Dec meeting. On spread fragmentation, the bank didn’t provide any new info or clarity on how the eligibility might impact countries...
💶💵EUR/USD Another wave of declines. 💶💵Post is a direct continuation of the previous post: 💶💵After a beautiful wave of declines, the American session brought increases. 💶💵They stopped at first line of resistance. Resulting from the cluster of the level 0.5 of the entire downward wave and 0.382 of the largest upward correction. 💶💵I determined the first support...
EUR/USD resistance is 1.0428 and 1.0465. Support is 1.0359 and 1.0327.
EUR/USD generally remains pretty bid, but it is approaching tough overhead resistance at 1.0636/39 - the 2020 low and the 55-week ma and we suspect that the market is going to struggle to clear this tough area of resistance, you might want to tighten stops on long positions. Disclaimer: The information posted on Trading View is for informative purposes and is...
💶💵EUR/USD One more attempt. 💶💵After first predicting the dips beautifully, and then rushing too early to catch the next downtrend wave on EUR/USD after which the price went up some more. 💶💵Time has come for another attempt, this time from a better ceiling. 💶💵I still think a correction on EUR/USD at this point is very likely. 💶💵The support level remains...
EUR/USD resistance is 1.0451 and 1.0489. Support is 1.0376 and 1.0342.
EUR/USD resistance is 1.0346 and 1.0363. Support is 1.0281 and 1.0252.
💶💵EUR/USD next wave of weakness. 💶💵As in previous posts I have predicted declines on EUR/USD: 💶💵This time we have a period of correction which, in my opinion, will end with a continuation of the weakening of the euro against the dollar. 💶💵It is worth emphasising that we are currently in the process of performing a correction of the uptrend. 💶💵A current local...
Hello my friends, Everything is clear on the chart for you like always. The price has some correction so Monitor the price's action in the circles to Sell opportunity. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
EUR/USD resistance is 1.0279 and 1.0309. Support is 1.0234 and 1.0208.
The bearish divergence on the daily chart is still in place. It looks like the PA made a higher high at 1.04080 and the sentiment switched from bullish to neutral. Perhaps, some bearish correction is needed before the PA moves higher.
💶💵EUR/USD Level for the coming days. 💶💵Post is a direct continuation of my previous posts on EUR/USD against which my opinion hasn't been changed. 💶💵After I perfectly predicted declines to the first support level: 💶💵The time has come for something local. 💶💵Applying technical analysis, I have set a support zone that can be reached within the next few...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE At their previous meeting the ECB hiked by another 75bsp, and with HICP >9% it should keep the bank hiking for now. ECB sources notes the bank is planning to discuss QT at their Dec meeting. On spread fragmentation, the bank didn’t provide any new info or clarity on how the eligibility might impact countries...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE At their previous meeting the ECB hiked by another 75bsp, and with HICP >9% it should keep the bank hiking for now. ECB sources notes the bank is planning to discuss QT at their Dec meeting. On spread fragmentation, the bank didn’t provide any new info or clarity on how the eligibility might impact countries...
Hello,Traders! EUR-USD is overall bearish in my opinion And probably it is going to be a bearish butterfly pattern Also ICHIMOKO shows the chart has a bearish move Like, comment and subscribe to boost your trading!
- Looking for EURUSD to soften while Dollar makes a retrace up - Could be a matter of days before Wyckoff distribution pattern unfolds