EJ WEEKLY OUTLOOK: SHORT
FUNDAMENTALS
EURO NEGATIVE: -rate cuts- quantitative easing - bad data - Brexit - trade war e/u- global slowdown.
EURO POSITIVE: +hawkish view +brexit resolutions +weak JPY +trade relief e/u
TECHNICAL ANALYSIS:
WEEKLY:
Weekly s/r 127,122, 117
Price in sellers area, bearish trend
DAILY:
corrective structure phase - however where price is at anticipating an impulsive phase due to fundamental - confirmed validation at the time.
This bullishness is based on brexit & hope.
Be patient & wait for the set ups because they will pay.
EURO NEGATIVE: -rate cuts- quantitative easing - bad data - Brexit - trade war e/u- global slowdown.
EURO POSITIVE: +hawkish view +brexit resolutions +weak JPY +trade relief e/u
TECHNICAL ANALYSIS:
WEEKLY:
Weekly s/r 127,122, 117
Price in sellers area, bearish trend
DAILY:
corrective structure phase - however where price is at anticipating an impulsive phase due to fundamental - confirmed validation at the time.
This bullishness is based on brexit & hope.
Be patient & wait for the set ups because they will pay.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.