Technical Analysis and Outlook: The Eurodollar has tested the Outer Currency Dip of 1.050 multiple times. It has risen during this week's trading session, as our EUR/USD Daily Chart Analysis for the Week of September 29 indicated: For the upcoming week, the up target is Mean Res 1.062, and on the downside the Mean Sup 1.050 and completed Outer Currency Dip of 1.050.
Fundamentally UPP is very weak but now its improving, but technically its in a uptrend and I think it will go higher from here slowly. Hit like & follow guys ;)
Hello traders, Following my Elliott Waves analysis, we can tell that we are in the Wave B of the C for the first down trend correction of the US100. In my opinion for the last long: - We are going to reach for the first objective 14482-14572 before dropping (which is the 123%-127% of extension) of the green ABC of the Orange B. - The second objective, is at...
The pair seems to have completed an abc minute wave pattern in minor wave 2 which is a corrective pattern. Also it shows an harmonic pattern which gives us a confirmation that the pair might continue a downward trend. If this is correct, we will be looking for an opportunity to sell after the break below the ending diagonal. NOTE: Not a recommendation. Just an opinion.
Soon, i will going to post here to explain that special session, choose my favorite par, my plans for the next years and how to be prepared for the next burble cycle of cryptocurrencies and more to discuss like my plan to invest in stocks, gold, silver and more. But I'm interesting to invest and trade stocks soon more later But soon trade the rest of market like...
The ongoing COVID-19 pandemic crisis has proven to be one of history's biggest market fluctuators wth economies worldwide taking the same hit and businesses scrambling to stay afloat. Where lives and livelihoods are at stake every ticking second, the US has recently started QE (Quantitative Easing) to help the economy brace itself for the drastic negative effect....