NFLXJust a technical look..
Technical view means only analyzed chart and nothing else..
This analysis can be easily completed and the time frame is high, so it will take a lot of time.
Eorusd
Dow Jones : TP1 ReachedHello friends
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.TP1 Reached
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Date of analysis:29jul.
Analyzer: Joseph
EURUSD : UPDATE:PROFIT:87PIPHello friends
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.Trade Close
.Profit:87pip
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Date of analysis:28jul.
Analyzer: Joseph
euroEuro is going up in future days .The trend try to up and after we arrived our target we can expect a reverse.
dxy#DXY dollar index running out of gas stock RSI over bought on almost all TFs, a nice pull back would line up with my 10 yr pump theory and rocket launch stocks/crypto
Keep it simpleEURUSD has been trending bearish now since April 19th. With only a slight fake out on the 10th of March before being stopped dead at resistance on the 9 day MA.
Its safe to say the overall trend is still looking bearish on the daily as price continues to make lower lows.
If we check out the monthly below we can see an inverse head and shoulders proceeded by the current bearish price action where we have stopped as of now on the .382 fib retracement.
Now checking out the EUR index (Essentially a weighted average of the EUR against counter pairs)
From a quick glance you can see what appear to be the formation of a reversal, giving us more reason to assume the EUR pairs will see a drop in the coming days.
Conversely looking at the USD index (weighted average once again) we see the opposite story.
Strong bullish trending since the 26th March and all 3 MA's (Sorry if you can't see I threw them all in pinescript, they are the 9,20 & 65) are starting to poit upwards ready to break out.
