1. What can we see on the market now? Globally (1-3 days) EUR is quite weak and down movements are anticipated. (can change) 2. We can clearly observe some artificially created "support" level on 1.0905 +-3 pips area. Which shouldn't be used for a long, or for a short after its break/retest etc. 3. Good points for short/long are indicated on the chart. Cheers!
A short position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank...
A long position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank...
A long position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank...
Thoughts on possible scenarios on EURUSD movements. Right now we are looking more for a short in my opinion. Possible targets are 1.0800 - 1.0785. If before that we will see the price goes to 1.0878 this will indicate a long scenario with possible targets more than 1.0950.
A short position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank...
Seems like we will be entering the area soon. Gold is strong now, and there are some big buyers appeared. A long position on gold was initiated due to bullish sentiment driven by strong economic data and positive outlook for the Eurozone. Technical indicators, such as a breakout above key resistance levels and positive momentum signals, supported the decision.
A short position on Bitcoin was opened due to bearish sentiment driven by weak economic data and concerns about deflation. Technical indicators, such as a breakdown below key support levels and negative momentum
A long position on EUR/USD was initiated due to bullish sentiment driven by strong economic data and positive outlook for the Eurozone. Technical indicators, such as a breakout above key resistance levels and positive momentum signals, supported the decision.
A long position on Bitcoin was opened due to bearish sentiment driven by weak economic data and concerns about deflation. Technical indicators, such as a breakdown below key support levels and negative momentum
A long position on EUR/USD was initiated due to bullish sentiment driven by strong economic data and positive outlook for the Eurozone. Technical indicators, such as a breakout above key resistance levels and positive momentum signals, supported the decision.
A long position on EUR/USD was initiated based on bullish sentiment driven by strong economic data and optimism about the Eurozone's recovery. Technical indicators, such as a breakout above key resistance levels and positive momentum, supported the decision. Furthermore, the anticipation of monetary policy convergence, with the European Central Bank signaling...
We've already got some liquidity at these levels today, but we need to test it one more time, in order to have a better picture what will happen next. After that point it will be clear if its time to short or long again.
description to follow, chart patter plus fundamentals
A short position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank...
A short position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank...
We can observe some accumulation of long positions on Bitcoin (from 5th July to 9th July), so there is a good chance for a long movement.
A short position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank...