Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Looking at EURODOLLAR pair for weeks even months but with the structure the market shows we are likely too kiss off this pair from short trade to long trade opportunity for a long period of time we have multiple Descending channels within Descending channels but what is more interesting tis that price printed a nice double bottom with a descending channel on...
If we watch the monthly chart we can see Euro currency index is in a strong downtrend since the Great Recession. The price now arrived to a support zone which is the 100. In my opinion it's a psychological support/resistance level, cause 100 is a whole number. At this point the price can go upward to the downtrend line, which location is at Fibonacci's 23,6%...
The price is holding at the resistance level. Looking for a strong move up for a long in the Euro!