Macro Monday 39
Euro Area Economic Sentiment Indicator
(Next Release is this Wednesday 27th March 2024)
Last week we covered the the Euro Area ZEW Economic Sentiment Index (the "ZEW Index") and learned that the sentiment data for the ZEW Index comes from 350 economists spanning the Euro Area (20 of the 27 EU member states that use the Euro currency). The...
My previous prediction for this pair turned out to be true.
After the price bounced off the support line, it began to rise towards the resistance line.
And at the moment, she almost came close to her.
(4 November)
All this movement continues to occur in the falling channel.
The channel was formed at the end of September.
And before entering it, the price shows a...
They say that the technical side of the market is already has the information about upcoming news. That's why maybe all the technical analysts are not diving too deep into the fundamentals. I guess it's happening because of relatively same type of the news coming out every month which is why people have same reaction on them. So doing technicals we can just check...
EURGBP gaped up on the open after a high volume spike on Friday.
Expect the liquidity gap to close then a retest of the highs some consolidation and then a break down
I am waiting for a break of the Tenkan acting as a trendline and TDI to cross down to take the short on the 4h
After the great fall of the euro from October it has risen till the 0.764 Fibonacci retracement level and now is forming a bullish Gartley pattern in a 4 hour chart.
Target level 0.72 !!!
