EURGBP will grow like a palm treeEURGBP broke out of the channel. Here are the targets:
Target 1: 0.9155
Target 2: 0.9219
Wait for the retest before placing the BUY order :)
Europe
*BULLISH* 6.5% breakout to $61.90 target by New Years *full disclosure* I have a 28,000 CHF long position in RET*
Retail Estates is an underappreciated European retail REIT that is primed for a substantial technical breakout this December. Please take the time to look over the technical analysis, which is purposefully decluttered to provide a utilitarian analysis of the overall forecasted direction of the share price.
The fundamental analysis is far more appetizing since the REIT is likely to be a pillar in my portfolio, similar to how SGRO was over the last 5 years. Similar to SGRO that focused on commercial real estate on the periphery of town, RET does the same for retail outlets, except instead of encompassing the UK and pan-Europe, they specialize in Belgium and the Netherlands.
As COVID-19 vaccines are set to roll out across Europe, the smaller countries are likely to be more efficient in distribution than the larger ones. Furthermore, Belgium is home to the ECB and the Netherlands is home to the International Justice Court, and with Brexit underway, these are two highly English proficient, international countries that are likely to benefit from a "no deal".
Work culture is ultimately shifting to stay-at-home, but the office in the center of town will remain a cornerstone of any business. RET's retail outlets are perfectly suited to take advantage of this new trend as more people live on the periphery of towns and make trips into town on a ad hoc basis. All in all, given the technical and fundamental analysis, I am bullish on the stock.
Thank you for reading and considering my analysis.
Yours Sincerely,
Turner Capital Management
View from NZ, Top 50 FNZ ETF vs. Aus, US, Europe, UK & TCL CTYView from New Zealand, NZX Top 50 ETF (FNZ) vs. Australia (OZY), USA (USF), Europe (EUF), UK in The City of London Investment Trust (TCL on the NZX, CTY on the LSE) and the UK FTSE 100 Index.
Australia market (IZO) vs, UK (F100), Europe (IEU), US (IVV)In AUD Australian Dollar terms, all ETFs listed on the Australian ASX: the Australia market (IZO) vs UK FTSE 100 (F100), Europe (IEU), US S&P 500 (IVV)
FTSE 100 vs US S&P500, Euro EMU, Australia mkts - since pandemicThe UK FTSE 100 vs. GBP ETFs for the US market (GSPX), the Europe EMU market (CEUG), and the Australia market (AUGA) - since the pandemic plunge.
EURUSD is growing like a weedEURUSD broke the former resistance level (current support level). As you can see, the Euro is heading towards the next resistance. Our target is 1.243. At the moment, it is a BUY from me.
Trading The STOXX600 & GER30 Vs Manufacturing PMI DataIn this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region.
This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index.
Manufacturing PMI data is available on investing.com on the first week of each month.
EUR/USD analysisWe have to wait a little longer until we see if the market manages to break the resistance level.
EUROUSD Perfect FiboEuro followed perfectly is downtrend from 2008.
Rejections on Red Circles :
- ATH 1.60$ (2008)
- Rejection Fibo 78.6 at 1.50$ (2008)
- Rejection Fibo 61.8 at 1.40$ (2018)
- Rejection Fibo 38.2 at 1.25$ (2018)
- Rejection on Trend at 1.20$ (2020)
The demand is is growing around 1.14$.
if this correction is correct the next Leg after a breakout will push Euro to retest 1.25$.
Happy Tr4Ding !
EURMADThe market is not strong enough to seek higher levels. he tried to break resistance 10.83.
But without result for the moment. the thing which increases the probability that the market
will continue its decline on its bearish channel to derive towards 10.70 on the next week or maybe a little more . we wil see ...
Trendline Rejection in PlayWhat's happening now:
EURJPY seems to be rejecting a trendline. However, the day is still young and aggressive bullish price action could still show up towards the end of the day.
My trade idea:
On the other hand, if today's candlestick closes below this trendline, I'll be looking for selling opportunities.
Fundamentals and in support of a lower target. Hopes for more stimulus in the EU are pressing the Euro downward. The Japanese Economy is still improving and demand for the YEN is expected to increase.
The CFTC COT Weekly report shows that more long positions on the EURO were closed. The net positions have over a few weeks, reduced from over 200k to below 150k.
a buying opportunity on 6E1!, Euro fx futures signal buy the market will experience an upward trend if we break the green resistance line, so we have a high probability of gain in the market combined with the breakout of the vwap indicator
signal buy
EUR/GBP In a Strong Channel!EURGBP has formed a nice smooth bullish channel. This would be a buy unless the channel breaks.
Support and Resistance - Most Important Zones for EUR/USDAll info can be found on the chart. DMs are open!
EURUSD still making HHs and HLs on H4#EURUSD (1H):
We have an interesting possible buy setup here. If you check the 4H and daily, you will see that overall, the price is still making HHs and HLs, also forming an ascending pattern.
Zooming in the 1H we can see that after breaking support (now resistance), the price came back immediately and started ranging in a small flag. If the price will manage to hold above it with a break and retest, i will be interested in buying.
EURUSD Short - 4 problems for Europe4 problems for Europe:
Covid round 2
Brexit
South economies and tourism
Turkey
Insights on EURUSDHello Traders,
I have done some research and found out that COVID cases are on the rise across Europe. Germany and France. They are expected to implement new measures and closure for 2 weeks in order to limit the spread. This contributes to EUR sales.
At the moment the first resistance is 1.1875 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1695
To support us, like and comment!
Bullish Retest on EUR/AUD Creates GREAT Long OpportunityEUR/AUD is again at a fascinating position. It is touching the super important 1.66 horizontal level once again.
If the price manages to find support on this level we might see enormous gains in a very short period of time. During this pivotal moment we will have to keep a close eye on the price to see what happens.
Since EUR/AUD doesn't move fast generally, we have the time to observe the price and wait for confirmation or rejection of the horizontal zone first.
I suggest to not enter a trade yet, but wait first for a confirmation of the horizontal zone. If it does confirm, enter a trade and try to ride the trend.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
EUR/USD DAILY PICTURELook for times to accumulate on lower timeframe, as the big picture is continued uptrend.
ALNOV NOVACYT Good morning receive a cordial greeting.
We show you the impressive Novacyt chart, you have at your disposal marked supports and resistances for your investment strategy. We are bullish and what do you think?
Sincerely L.E.D BE SAFE!
In Spain at 21/10/2020
