Julius Baer reduces its forecasts for the euro versus the dollar, now expecting it at $1.04 in three months compared with a previous forecast of $1.10, reflecting recent price movements and as the economyfavors a stronger dollar, economists David Kohl and Stephanie Kennedy say in a note. Given this week's dollar gains, it is increasingly difficult to justify...
EUR/USD tested the support/resistance zone it might go down a bit to break the lows to complete the descending channel the go to the upside.
The sharp drop in Credit Suisse's stock price triggered a chain reaction, causing the global market to fall into panic again. There was a safe-haven scene where the US dollar and gold rose simultaneously, while European and American stock markets and crude oil prices suffered heavy losses. As the largest shareholder of Credit Suisse Bank, the chairman of the...
Based on the analysis: the price moved in the direction of the analysis and touched the targets. This analysis is still active .Please follow your strategy, , this is just my idea .🙌Please do not forget the ' like' button & Share it with your friends .✍ I will be glad to see your ideas in this post .🧲Follow me to see more analysis
euro still in sell posation just wait for corraction to end and we will see where is going this pair and its may a big trad so far :)
Hi Team This is a short and sweet technical chart analysis. We are in a short consolidation phase (likely due to low market volume) at the end of an ABC correction for this pair, sitting just below regional pyschological resistance. I expect a drop at least to the 1H ascending correction support, if not further. This is a straightforward trade - clear...
sale opportunity is there and strong!!!! with dollar rating this week almost all agreed that the euro will be down so don't miss it. good lock guys.
Risk-aversion lifted the low-yielder EUR, despite broad US dollar strength. The US labor market keeps strengthening, adding 428K jobs to the economy. EUR/USD Price Forecast: In the long-term downward biased, but the 1-hour chart depicts the pair as neutral-upwards. The EUR/USD trimmed some of Thursday’s losses, and it is set to finish the week on the right foot,...
It seems to be in a descending channel and due to the third collision with the channel resistance line and proper entry, I expect it to hit my target.
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** The Canadian breaks the rising trend line, and with that, it will continue to descend and will retreat to the upside at the buying area shown on the chart. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions,...
Price already broke resistance. Wait for restest and close above horizontal line. Then wait for 2 consecutive bullish candles. If meet 2 conditions above. Enter. .01 per $100 in account and Twin Trade 20 pip TP, 20 Pip SL 2nd tp open