European equities have ushered in 2023 with a strong rebound, up 7.72%1. Exchange-traded fund (ETF) flows into the European region have risen by US$13bn, in sharp contrast to the US that has seen US$9bn of outflows year-to-date (YTD)as of 27 February 2023. The confluence of China re-opening its economy and prudent management of resources during the energy crisis,...
According ewt expanding triangle via $DEU40 should plunge lower than lows of 1932 and 1945 in next 70 years.
Looking buy Nat Gas on the backdrop of a strong daily support holding.There is also a potential bullish inverse Head and Shoulders forming. Entry:6.729 Target:7.282 SL:6.503 RR:2.45 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
The bearish channel are being respect for more that 6 months and the most probable scenario is the 0.85/.90 per euro and i know sounds very surrealist but don't forget , we are paying the consequences of the massive print of 2020/2021.
The euro-dollar exchange rate captures the value of the euro in terms of U.S. dollars. It’s one of the most widely tracked and significant global currency indicators, given that Europe is a major economic region with a strong currency, and many international financial transactions are denominated in euros. Moreover, the euro has been under pressure in recent...
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
CME:6E1! The U.S. dollar reached 1:1 parity with Euro on Tuesday for the first time in 20 years. Wall Street may tell you that the common currency for 19 European countries has been hammered by economic woes, high inflation, and an energy supply crisis brought by the Russia-Ukraine conflict. I have a very straight-forward answer to the depreciation of the...
Last warning, every man for himself. Without words.
After one of the most unexpected years, I thought I should take a step back and look at macroeconomics a little bit, at one specific chart that I've been watching. That is the German Government 10-Year Bond Yield (DE10Y). I've been anticipating a signal in that chart that will indicate massive shift in global market trends and will bring us closer to the next...
The current dead cat bounce in the Euro is impressive but is also an opportunity to open a short position in the EUR/USD pair. Price is getting squeezed between the rising support line drawn from 2000 and the falling resistance from the top of July 2008. Good places to increase the short position gradually is right now at 1.128, then the top of the falling...
E.U successfully overcomed the challenge of coronavirus unpredictable first strike. Even with the threat of italy and spain leaving the union, E.U stand united and finded the soloutin. That win against the pandemic gived faith to the investors who remained stand by the europeans. Also the elections of november for the next US president, the black live matters...
This my analysis on euro on daily bases . The euro right now is not to buy or to sell. Euro is in a range if he break resistance he will go up and if he break support he will go down .
Irrational decision were made by the central banks which decided to float the markets with as much money as necessary and started even to buy junk bonds. So the signs for the markets are bullish even we have the biggest human made crisis since the great depression. The S&P made a real comeback based on price action and stands now in front of the last resistance...
Europe can't afford much according to its bureaucrats. There has been a vote over "do we spend lots in 2021-2027 or nots" and big surprise 4 of the few countries that are net contributors to the EU are strongly agaisnt it, they have been called the "frugal 4" (Sweden Austria Netherlands Finland). And another huge surprise: "The Beja summit Joint Declaration was...
Lagarde’s surprisingly dovish presser from the U.S. session spooked EUR bulls and this anti-EUR sentiment carried over to the Asian session. The pair looks like it could retrace above the previous area of interest or around daily pivots R2 or 50% of Fibonacci retracement as because the short term moving average may suggest bullish trend but actually the long term...
A new version of the Brexit deal has been agreed between the EU and the UK. The pound added about 500 points by the end of the week, bringing the account of its achievements to almost 1000 points. Recall that the UK and the EU, as we predicted, were able to agree on the terms of the deal at the last moment. As a result, at the EU summit on Thursday, this deal was...
The EUR/USD saw a full +1.20% rally for the week, which is a pretty large move in currencies. This is as expected off the back of the positive BREXIT momentum. Some analysts are saying that the U.K. should exit as soon as possible as they could potentially make negotiations worse leading to a more favorable deal for the European Union. Over the weekend we saw...
We may have missed the beginning of long move but the moves target seems first 0,913 and than with another breakout 0,920. We also should watch the news about the Brexit details. In case of a possible agreement between UK and EU, we can see some steep downtrend as well.