EUR/USD Silver lining as the USD continues to fall - 1.1610The EUR/USD is looking somewhat positive.
I assume because the Exports to the US is under 1 -2% per country, it won't cause major havoc for Europe's GDP even though it's still not great.
Investors are finding a safe haven within the EUR and out of the USD.
Other reasons for the EUR/USD include:
🇺🇸 U.S. Tariffs & Uncertainty
Trump's new 104% tariffs spooked markets and hurt the dollar.
🇪🇺 ECB Support Talk
The ECB said it's ready to step in to keep inflation on track.
📉 Dollar Weakness
Investors are pulling out of the dollar amid global slowdown fears.
🧠 Sentiment Shift
Traders are betting on the euro with the dollar under pressure.
TECHNICALS
Inv Head and SHoulders and the Neckline has finally broken up signalling upside for the EUR.
Price 20 and 200 MA
Target 1.1610
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Buyeur
EUR/ZAR is going up to R22.00 and I hate to tell you this! Here's an analysis I really don't want to do.
The EUR/ZAR is showing strong upside to come. Great for the EURO, great for Europe, Great for South African exports.
Not great for the South AFrican consumer who was planning on sailing to Mykonos this year.
Anyways, here are some reasons for the EURO strength and why we could see the ZAR come down a bit.
Economic Woes:
South Africa's economic struggles and political uncertainty are weakening the Rand, pushing the EUR higher 😟💔
Commodity Concerns:
Falling commodity prices hit South Africa hard, making the Rand lose steam against the euro 📉⛏️
Monetary Policy Gap:
Divergent monetary policies—stable ECB rates vs. easing in South Africa—favor a stronger euro 💶🔄
Global Risk Aversion:
Investors seek safe havens during uncertain times, boosting the euro over emerging market currencies like the Rand 🌍🛡️
Capital Outflows:
Local capital is fleeing South Africa amid domestic worries, further devaluing the Rand and lifting the EUR/ZAR pair 🚀💸
TECHNICALS
What can I say. W FOrmation with the price breaking above 20 and 200MA.
The target is on the way to R22.00 if the uptrend continues.
I hope I am wrong.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BUY EURUSDMore confirmation on why this is bullish. Previous resistance has created a strong support at this level. Bears are unable to break below. Long targets 0.9960 stops are below 0.9800 This should be a strong trend changer trade of the week. This will inform us if the trend has shifted. Use proper money management.
EURUSD ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖
IMPORTANT INFORMATION:📌
- ORDER FLOW :
* LSB: breaker retest
* PROJECTED TP :
* PROJECTED SL:
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EURNZD - MONTHLY TREND - 18. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
MONTHLY FOREX MASTER SIGNAL
4 HOUR
Testing last H4 Lows expecting bullish pressure now following mid term trend
DAILY
Bearish Daily pressure occurred and took out last h1 long holders
WEEKLY
Overall very bullish, following this movement!
LEVELS
BUY EURAUD @ 1.61650
SL @ 1.59530 (210 Pips)
TP @ 1.64010 (230 Pips)
SL TO BREAK EVEN @ Hit of 100% Fib Level
„Monthly Trend follow with small RR and Higher Winrate.“
Enjoy our limited Content and Setups,
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EUR/NZD BUYOpportunity
BUY EUR/NZD
Fundamentals
Recently Data in the Eurozone has been improving and there is much talk about when the ECB will start the process of tapering their QE program. Although inflation figures can be misleading to the untrained eye it is important to focus on what the Central Bank is Basing it's decisions on. Inflation increased by 1.3% in June a slightly lower figure than the months before but if you remove the volatile prices of energy, Alcohol and tabbaco then core inflation went up to 1.1% from 0.9% in May. These will be the figures the ECB will be making policy decisions from making the EURO A strong currency at the moment.
There are plenty of weak currencies out there to match the Euro against however a lot of them have already had a good bullish run and possible looking at consolidation. The calendar next week picks the NZD as potentially weak, albeit it might be short term it is enough to tern a profit. The GDT index came in weaker last week which is 20% of New Zealands GDP and Monday evening is to see the release of CPI q/q expected to drop from 1.0% to 0.2% which could cause a temporary sell of in the NZD.
Technicals
Their is a good level of support for this currency pair at the 15550 level which is also a 50% fibonacci retracment level from the trend reversal at 15460. This would be a good place to enter with a target at the most recent peak of 15850 and a stop loss around the 15500 level.
Trade Management
The 161.80 extension from 15550 brings us an initial take profit or stop loss move level of 15700 so we will be possibly looking to make changes at this point. If NZD CPI comes in better than expected then this trade set up will be void.