HEY GUYS, HOW ARE YOU TODAY?
HOPE YOU LIKE WHAT I'VE BEEN SHARING PAST FEW WEEKS.
IF YOU WOULD LIKE TO GET MORE TRADE IDEAS AND SETUPS PLEASE UPVOTE AND GET SUBBED FOR THE LATEST UPDATES. THANK YOU.
SO WITHOUT FURTHER DUE LET'S DIG INTO IT.
EUR USD D1 WITH THE MOST IMPORTANT ZONES MARKED DOWN ON THE CHART.
SINCE LAST MAJOR UPDATE PRICE ACTION DID WHAT WAS EXPECTED. WE HAD A BIG BOUNCE OFF 0990//1000, WHICH WAS ACCORDING TO PLAN.
TRADE SETUP WAS POSTED IN ADVANCE WITH SL/TP AND SOME OF YOU MADE MONEY, WHICH IS GREAT.
NOW I HAVE TO REVISE/UPDATE BASED ON LATEST PA IN EURUSD AND DXY (SEE PREVIOUS POST).
WHY ADJUST NOW? DECEMBER IS A STRONG SEASONAL PERIOD FOR EURUSD. DXY ALSO LOOKING VERY WEAK, OBVIOUSLY.
IT'S VERY LIKELY THAT WE CHOP/STAY IN RANGE NOW (0990-1090) AND THEN MAKE NEW PUSH TO RE-TEST NEAR 1200.
IN THIS MARKET YOU HAVE TO BE PREPARED TO BUY LOW AND SELL HIGH. DETAILS - SEE CHART AND COMMENTS BELOW.
EUR USD DAILY NO NONSENSE UPDATE
-STRONG BEAR ON DAILY
-HOWEVER NOW ENTERING RANGE/CHOP
-BE PREPARED - CHOP/RANGE MIGHT LAST 2-3 WEEKS
-BULLS HAVE TO BUY LOW NEAR 0990
-BEARS HAVE TO SELL HIGH NEAR 1090
-STOPS - SEE CHART
-BEST STRATEGY FOR SWINGS: BUY LOW NEAR 0990
TARGET IS 1200 LATER IN DECEMBER/EARLY JAN 2020
-1200 HEAVY OPTIONS BARRIER - PRICE WON'T SURPASS IT NEXT 4-8 WEEKS
1) BUY LOW NEAR 0990
2) SELL HIGH NEAR 1090
MORE UPDATES?
SUB AND ADD AN UPVOTE
WHAT YOU GET
-DAILY UPDATES
-CLEAN CHARTS
-NO BS, NO MACD , RSI , MOVING AVERAGES
-PURE PRICE ACTION
-NO MOONBOY BS AND FAKE AGENDAS
-SETUPS THAT ACTUALLY WORK
-NO CLICKBAIT
-NO LOONY TARGETS
ONCE AGAIN. THANK YOU FOR YOUR ATTENTION. STAY TUNED AND LET'S MAKE SOME MONEY. ASGCORP.
HOPE YOU LIKE WHAT I'VE BEEN SHARING PAST FEW WEEKS.
IF YOU WOULD LIKE TO GET MORE TRADE IDEAS AND SETUPS PLEASE UPVOTE AND GET SUBBED FOR THE LATEST UPDATES. THANK YOU.
SO WITHOUT FURTHER DUE LET'S DIG INTO IT.
EUR USD D1 WITH THE MOST IMPORTANT ZONES MARKED DOWN ON THE CHART.
SINCE LAST MAJOR UPDATE PRICE ACTION DID WHAT WAS EXPECTED. WE HAD A BIG BOUNCE OFF 0990//1000, WHICH WAS ACCORDING TO PLAN.
TRADE SETUP WAS POSTED IN ADVANCE WITH SL/TP AND SOME OF YOU MADE MONEY, WHICH IS GREAT.
NOW I HAVE TO REVISE/UPDATE BASED ON LATEST PA IN EURUSD AND DXY (SEE PREVIOUS POST).
WHY ADJUST NOW? DECEMBER IS A STRONG SEASONAL PERIOD FOR EURUSD. DXY ALSO LOOKING VERY WEAK, OBVIOUSLY.
IT'S VERY LIKELY THAT WE CHOP/STAY IN RANGE NOW (0990-1090) AND THEN MAKE NEW PUSH TO RE-TEST NEAR 1200.
IN THIS MARKET YOU HAVE TO BE PREPARED TO BUY LOW AND SELL HIGH. DETAILS - SEE CHART AND COMMENTS BELOW.
EUR USD DAILY NO NONSENSE UPDATE
-STRONG BEAR ON DAILY
-HOWEVER NOW ENTERING RANGE/CHOP
-BE PREPARED - CHOP/RANGE MIGHT LAST 2-3 WEEKS
-BULLS HAVE TO BUY LOW NEAR 0990
-BEARS HAVE TO SELL HIGH NEAR 1090
-STOPS - SEE CHART
-BEST STRATEGY FOR SWINGS: BUY LOW NEAR 0990
TARGET IS 1200 LATER IN DECEMBER/EARLY JAN 2020
-1200 HEAVY OPTIONS BARRIER - PRICE WON'T SURPASS IT NEXT 4-8 WEEKS
1) BUY LOW NEAR 0990
2) SELL HIGH NEAR 1090
MORE UPDATES?
SUB AND ADD AN UPVOTE
WHAT YOU GET
-DAILY UPDATES
-CLEAN CHARTS
-NO BS, NO MACD , RSI , MOVING AVERAGES
-PURE PRICE ACTION
-NO MOONBOY BS AND FAKE AGENDAS
-SETUPS THAT ACTUALLY WORK
-NO CLICKBAIT
-NO LOONY TARGETS
ONCE AGAIN. THANK YOU FOR YOUR ATTENTION. STAY TUNED AND LET'S MAKE SOME MONEY. ASGCORP.
Comment:
EURUSD NOTE BY INVESTMENT BANK SOCGEN
Societe Generale Research discusses EUR/USD outlook in light of its latest forecasts updates which now puts EUR/USD at 1.14 by mid-next year ahead of 1.20 by next year-end.
EUR/USD is at the heart of a dollar forecast, even if we don’t think the euro is driving global currency trends. The consensus for next year, according to Bloomberg, looks for a rise through 2020 to 1.13 by mid-year and 1.15 by 4Q. The pace picks up a bit after that and reaches 1.20 by 2023, which is conveniently in line with the forward rate. How exciting is that? Our EUR/USD forecast looks for 1.20 to arrive earlier, by the end of 2020. That puts us at the upper end (but not quite at the very top) of the survey panel," SocGen notes.
"The question for 2020 is whether a euro recovery requires eurozone growth, or if further slowing in US growth to European levels is enough?," SocGen adds.Societe Generale Research discusses EUR/USD outlook in light of its latest forecasts updates which now puts EUR/USD at 1.14 by mid-next year ahead of 1.20 by next year-end.
EUR/USD is at the heart of a dollar forecast, even if we don’t think the euro is driving global currency trends. The consensus for next year, according to Bloomberg, looks for a rise through 2020 to 1.13 by mid-year and 1.15 by 4Q. The pace picks up a bit after that and reaches 1.20 by 2023, which is conveniently in line with the forward rate. How exciting is that? Our EUR/USD forecast looks for 1.20 to arrive earlier, by the end of 2020. That puts us at the upper end (but not quite at the very top) of the survey panel," SocGen notes.
"The question for 2020 is whether a euro recovery requires eurozone growth, or if further slowing in US growth to European levels is enough?," SocGen adds.
Societe Generale Research discusses EUR/USD outlook in light of its latest forecasts updates which now puts EUR/USD at 1.14 by mid-next year ahead of 1.20 by next year-end.
EUR/USD is at the heart of a dollar forecast, even if we don’t think the euro is driving global currency trends. The consensus for next year, according to Bloomberg, looks for a rise through 2020 to 1.13 by mid-year and 1.15 by 4Q. The pace picks up a bit after that and reaches 1.20 by 2023, which is conveniently in line with the forward rate. How exciting is that? Our EUR/USD forecast looks for 1.20 to arrive earlier, by the end of 2020. That puts us at the upper end (but not quite at the very top) of the survey panel," SocGen notes.
"The question for 2020 is whether a euro recovery requires eurozone growth, or if further slowing in US growth to European levels is enough?," SocGen adds.Societe Generale Research discusses EUR/USD outlook in light of its latest forecasts updates which now puts EUR/USD at 1.14 by mid-next year ahead of 1.20 by next year-end.
EUR/USD is at the heart of a dollar forecast, even if we don’t think the euro is driving global currency trends. The consensus for next year, according to Bloomberg, looks for a rise through 2020 to 1.13 by mid-year and 1.15 by 4Q. The pace picks up a bit after that and reaches 1.20 by 2023, which is conveniently in line with the forward rate. How exciting is that? Our EUR/USD forecast looks for 1.20 to arrive earlier, by the end of 2020. That puts us at the upper end (but not quite at the very top) of the survey panel," SocGen notes.
"The question for 2020 is whether a euro recovery requires eurozone growth, or if further slowing in US growth to European levels is enough?," SocGen adds.
Comment:
EURUSD MARKET UPDATE:
ENTRY FOR SHORT SELLERS REVISED TO 1100//1110 STOP LOSS 1120 TP 1000.
ENTRY FOR SHORT SELLERS REVISED TO 1100//1110 STOP LOSS 1120 TP 1000.
Comment:
FINAL ENTRY ON SELL SIDE (TIGHTENED STOP LOSS).
LMT SELL 1105 STOP LOSS 1110 TP 1000.
LMT SELL 1105 STOP LOSS 1110 TP 1000.
Comment:
EURUSD MARKET UPDATE: RISK/REWARD IS SHIFTING IN BEARS FAVOR NOW.
YOU HAVE 2 OPTIONS NOW - ENTER SHORT VIA LMT (DETAILS - SEE PREVIOUS POST) OR WAIT FOR MY MANUAL CONFIRMATION. 0990//1000 IS A VALID TARGET FOR BEARS, MAYBE LATER THIS WEEK, MAYBE EARLY NEXT WEEK.
YOU HAVE 2 OPTIONS NOW - ENTER SHORT VIA LMT (DETAILS - SEE PREVIOUS POST) OR WAIT FOR MY MANUAL CONFIRMATION. 0990//1000 IS A VALID TARGET FOR BEARS, MAYBE LATER THIS WEEK, MAYBE EARLY NEXT WEEK.
Comment:
USDCHF PENDING BUY ORDER: LMT BUY 9895 STOP LOSS 9890(5) TP 1.0000
Comment:
LIVE UPDATES AND TRADE SETUPS WITH SL/TP ON MY FREE TELEGRAM CHANNEL @ASGCORP
Comment:
I CAN'T POST ALL THE LIVE UPDATES IN HERE CAUSE I'M ACTUALLY A FULL-TIME TRADER. WE JUST MADE TODAY +34 POINTS ON GBPUSD SHORT WITH ZERO DD, SOLD NEAR 2952. IF YOU WANT LIVE TRADER SETUPS WITH SL/TP, JOIN MY FREE CHANNEL.
Comment:
EURUSD SHOWING SOME SIGNS OF TOPPING ON H4, BUT I DON'T EXPECT A DUMP TODAY. NO TRADE SETUPS YET AND ALSO CHART REMAINS VALID. I WILL POST A BIG UPDATE ON FX/CRYPTO/METALS/OIL OVER WEEKEND. STAY TUNED. ASGCORP.
Comment:
HEY GUYS, I DIDN'T DO A TONNE OF UPDATES ON EURUSD. BUT IF YOU CLICK PLAY BUTTON YOU CAN SEE THAT THE FORECAST WAS PRETTY MUCH SPOT ON FOR THIS WEEK. WE DID IN FACT HIT RESISTANCE NEAR 1090 AND PRICE DECLINED TO 1020 TODAY. BIG UPDATE OVER WEEKEND, SO STAY TUNED. ASGCORP.
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