Eurodollarshort
AW Euro Dollar Analysis - Short Trade Opportunity...The video for this short trade opportunity was made a couple of days ago and it's linked below.
Entry: At Market (Already Confirmed)
Stop: 1.07737
Target: .95372
Risk Reward Ratio: 18.01
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Short Trade Opportunity...This is a short trade idea that will be targeting 1.04614.
The stop is placed at the last high as instructed in the video.
From current levels risk reward is roughly 3:1.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - This is Where We Short...As per my video I thought I would post this lovely picture of a head and shoulders pattern...
Of course the waves always line up with these intriguing patterns.
Stay tuned to hear about what I think is coming next for these markets.
It can't all be bad right?
See the video idea below where I did live on the spot analysis as this was unfolding.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EUR looking sh** tbh, not the best Xmas coming for Euro ZoneHey guys, will start posting again, generally my two cents on EUR/USD it is not really looking good now, looks like we are going to go down and generally looking at the way everything is going S&P500 is also going down so, maybe a short trade here or just move your money away from EUR for now, but let's see.
This Chart is ScaryTraders,
As you know, EuroDollar Futures has been one of the lead indicators regarding Fed rate hike action. As the futures drop, the inverse occurs with the U.S. dollar (DXY). It goes up. Likewise, the Fed tends to respond with a rate hike in accordance with the gravity of the EuroDollar's move down. Yesterday, the drop was huge after the CPI report was released! Is this chart possibly projecting a 100 bps rate hike? I, myself, am skeptical but this is what the data may be telling us. Thoughts?
Stew
EURUSD Down Because Brexit and Germany Could Enter Recession Fundamentals are fairly important in financial markets. Its why I spend so much time on them. This is how I came to the ultimate conclusion that the trend of EURUSD is down mainly because Brexit, updates of which you can find here: anthonylaurence.wordpress.com While economic data out of the Eurozone was somewhat favorable at the start of the week with the IFO Business Climate Index, consumer confidence was weaker in Germany. Such negative sentiment caused ECB President Draghi to assert that the ECB would step in should the need arise in financial markets. This didn't budge the euro at all. In short, Brexit isn't trending well although it could lead to a conclusion. This would break the euro out of the downward channel, but in the short-term investors will probably continue to witness this price action, at least until April 12th before which we will probably see an extension if no deal is reached. For more analysis, check out www.anthonylaurence.wordpress.com
Short EURUSD Because Eurozone Growth Slowdown, Brexit WeighThe fundamentals of the Eurozone remain weak. The politics are toxic. Technically, RSI has a long way to go before oversold. Moving averages all trend down. I imagine we could reach 1.115 before a reversal to the upside. For more analysis, check out www.anthonylaurence.wordpress.com
No Deal Brexit Worse than Slower GrowthI've talked extensively on how a no deal Brexit is more likely here: This is primarily my reasoning behind why I'm neutral to short on EURUSD in the medium- to long-term (1 to 3 months). There's plenty of other good reasons to be short EURUSD including continued weak data releases from the Eurozone, possible continuation of a recession in Italy, and potential negative growth for Germany in Q1 2019. While I think that the euro can make some moves to the upside, it is still probably limited to the downward channel with short-term monthly resistance in spite of a break in this resistance last week. For more, check out www.anthonylaurence.wordpress.com
EURUSD Bear Trend Continues DownwardThe euro was one of the worst performers last Friday and continues to head into negative territory. At the weekly view, we can see that the pair is in a long bear trend while moving averages suggest this to be the case as well. Brexit only worsens this as key votes will occur today and tomorrow on whether or not the UK will be able to strike a deal with the common market. Moreover, an inverted treasury yield in the US signals a recession is lurking somewhere around the corner, although when it will pop up is a bit more uncertain. This only furthers speculation that the dollar will in general increase in value against a whole host of currencies as the dollar tends to be a safe haven asset. From a technical perspective, the pair's inability to capitalize on the recent bullish break through a six-month-old descending trend-line resistance and a subsequent sharp rejection slide from 50% Fibonacci retracement level of the 1.0341-1.2556 up-move now points the resumption of the prior well-established bearish trend. While the pair found a way to break up beyond short-term resistance, this appears to have been a flash in the pan with more downward pressure.
For more analysis, please check out market updates at www.anthonylaurence.wordpress.com
EURUSD Will Be Hit By BrexitNext week will give traders a better idea of just how bad and just how quickly we'll get to a no deal Brexit which is looking increasingly likely as days progress. Cleraly, euro long is an overcrowded trade with moving averages showing a downward trend. Political risk from Brexit will obviously weigh next week as well.
More words on why Brexit will hit markets next week here: www.linkedin.com and more charts on currency forecasts and event risk here: anthonylaurence.wordpress.com
EURUSD going down with 70% probability than up.EURUSD stay on high of flat. Right now it can go down to low flat level - 1.1302. I think - its preferred situation. Near 70% probability.
Or after breakout flat highlevel and retest it - you'll see retest :) - EURUSD can go higher to 1.1859 - 30% probability.
Part 4 - Risk-off August - EUR/USD DailyEUR/USD – Daily Resistance & Support:
Resistance: 1.1800 / 1.2000 / 1.2150 / 1.2300 / 1.2800 / 1.2500
Support: 1.1500 / 1.4450 / 1.1310 / 1.1100 / 1.0800 / 1.0450
EUR/USD – Summary:
Expected to commence a Bullish Sequence which could reach 1.2000 or even 1.2150 Levels
Bearish Impulse expected at or around 1.2150 Levels
EURUSD fall analysis on H1 chartEURUSD H1 chart
Indicators indicate that transactions will be mostly by sales
Therefore, a further decline can be expected.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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EURUSD heading towards critical price levelEUR fundamentals are more bearish because of the political situation in Italy.
Watch price action carefully when price reaches the 1.15 area. What might potentially happen:
- Not respecting the level and goes further towards 1.10 / 1.05 zone.
- Respect the level and bounce back towards 1.20 / 1.25 zone.