According to my last analysis (EURUSD W1 - link below) - EURUSD could start some correction.
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Hi, bulls were able to retest bottom of broken consolidation where we've seen selling activity... So Im selling some within 1,1720/40 range Stop above 1,1775 First Target 1,1500/1450 Good Luck
BUY NOW : 0.9089 STOP LOSS : 0.8830 TAKE PROFIT : 0.9179
In general, the previous week was relatively calm. As a result, the volatility index of exchange rates, which is calculated by the investment bank JP Morgan, fell to its new minimum since 2014. For instance EURUSD. Since the beginning of 2019(that is already 3.5 months), it has been fluctuating in a range of width less than 400 points (such a range a pair could...
The Euro Against NZD is trapped in a triangle that likely is going to fall. hit the trend line and go higher. for this idea is that this triangle is simple enough the retracement of a higher timeframe. the policy of the Reserve bank of New Zealand is still dovish and a lot of downside movement in NZD is expecting.
Fed Chair Janet Yellen said the central bank’s ability to raise interest rates this year may hinge on a rebound in hiring that would convince policymakers the US economy is not faltering. In testimony before Congress that expressed general optimism about the economy and played down the risk of a recession, Yellen nevertheless said the Fed will be cautious about...