EUR – The single currency was volatile on Tuesday. Weakening across the board as investors tried to interpret reports that stray Russian missiles may have hit NATO member Poland, killing two people. According to Reuters, two people died in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine. At the same time, the Associated Press...
💶💵EUR/USD Swing trade to 1:1 level 💶💵Post is a direct continuation of the last post 💶💵Taking a closer look, we are in an interesting place to reach the 1:1 level set by the last largest downward wave. 💶💵I determined the resistance zone based on the cluster of levels of 0.236 of the upward impulse and 0.618 of the entire downward wave. 💶💵I determined the...
💶EUR/USD is it a trend reversal yet? 💶I invite you to read my technical insight this time on the EUR/USD pair. 💶After I had perfectly reinserted the upside, catching the end of the correction and the continuation of the upward momentum: 💶The time has come to predict the dips. 💶Looking at economic growth in the Eurozone we are at levels of 2.1% This is quite...
💶💵EUR/USD Amazing precision. 💶💵Post is a direct continuation of the previous post on EUR/USD in which I wrote about the upcoming correction. 💶💵W This time we will take a closer look at the whole situation and show you how, using technical analysis tools, I have determined a very likely place for the end of the downward correction. 💶💵In turn. 💶💵I started by...
There is confirmed bearish divergence and a bearish ABCD on the daily chart. Let's see where this goes. :)
💶EUR/USD ON IMPORTANT LEVEL! 💶That's like predicting rises on the EUR/USD pair in last week's post which was highlighted by the editors. For which many thanks. 💶The time has again come for a bullish attack on this pair. 💶The US situation regarding the strength of the dollar is slowly being cooled. The last interest rate hike, which took place on 2 November,...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%,...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%, markets...
EUR/USD resistance is 1.0100 and 1.0140. Support is 1.0048 and 1.0008.
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/Bund spread breaches 2.55%,...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%,...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%,...
As the chart illustrates, the main structure is identified based on SM (SmartMoney) concept. I see that the major trend is still bearish and some liquidity areas are remaining... Moreover, Dollar may go stronger in future. So this scenario seems really possible for this pair.
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%,...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%,...
I will be looking for the EURUSD to carry on dropping today. This is also true for the GBPUSD, EURJPY and GBPJPY. Being short 2* GBP*** means I am doubling up my pound short exposure, same for the Euro. The US dollar is strengthening into the London session open
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%, markets...
EUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE HICP >9% saw another 75bsp hike this past week. ECB sources noted 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 like Italy and Spain. Until the BTP/ Bund spread breaches 2.55%, markets...