On the weekly chart, I am taking into consideration the bearish momentum that started in March 2014 (1.3905), which finally stopped in December 2016 (1.0451). Now we can see how the pair had already made an attempt to reach the 0.618 level, and apparently, we are in the second attempt that so far does not seem to be successful. However, if we look at the...
In the Euro Dollar, we have an upward movement that started in March of last year (2020), the upward trend was confirmed, after the price will bounce off the thin cloud that served as support. It should not be a secret for anyone to understand that the Ichimoku shows 3 levels of support / resistance that must be broken before being able to indicate that there has...
There is a possible short in this pair considering that in time chart the price has fallen below the cloud, however, we must monitor the behavior against the EMA 200. A Fibonacci retracement of 23% is foreseen, but considering that the Tenkan Sen is flat before this level, has been set as the target 0.76043
The current trend is bearish, almost all elements are in a strong downtrend. The price vs. Cloud: It is under the cloud. The price vs. Tenkan Sen: It is at 1.1089 87 pips below the Tenkan Sen The price vs. Kijun Sen: It is 1.1089 to 87 pips below the Kijun Sen. The Tenkan Sen vs. Kijun Sen: They are together and inclined. Indicating a strong bearish trend. The...
The Euro crossed downward EMA 200, 100 and 50 periods. As indicated in my previous idea is in a 50% retracement Fibonacci ( see previous analysis ). How natural it is expected to return to the point where the EMA is currently 200 periods and that should be our goal over the next few days a week: 1.1200. However, you should always expect the price action...
In the Fibonacci retracement level the pair was 50%, it looked like it was not going to get there before the departure of the United Kingdom of the European Union, but this will -to Euro has fallen well. What can we expect from Euro Dollar? A bounce higher, at any time surely a statement of Mario Draghi who can back to Euro in the play will. The next level is...
The 16/03/2015 the Euro Dollar slowed its fall (opened in 1.04701), and never again be there until the 12.03.2015 where he approached with record lows of 1.05168. Not without having had a maximum of 1.17140 on 24/08/2015. So in my opinion, taking from the minimum point where the fall March to August peak stopped, so should be the Fibonacci retracement on daily...
As I had already predicted that there was a bullish pattern, was fulfilled and the Euro Dollar opened with a bullish gap, which is a good sign to get bullish, now just have to wait if the pair returns to a minimum of GAP and if it does close enter long. Como ya lo había predicho que existía una pauta alcista, se cumplió y el Euro Dólar abrió con una GAP Alcista,...
English: Congestion in this area, there are 6 candles involved in 4 hours charts. Taking over the minimum (1.11308) divided between two maximum (1.13213), the midpoint would be 1.12256. The last candle closed above this point, so it is assumed that should continue the bullish movement. Spanish: En esta zona de congestión, hay 6 velas involucradas en gráficos de 4...
If you meet two conditions, we are in an uptrend, 1 hour charts. The price should be 1.12825 The Chikou Span must be above the cloud The objective can be 1.1323. Compliance approximate time: 8 hours