EUR = strengthening
CHF = weakening
GDP diff = short
Exports Analysis = Long
IR% Diff = long
Stock Index = Long
EUR OI Hedge Funds = Long
CHF OI Hedge Funds = Long
TA = Long
Majority = Long
The euro area has had an interesting start to 2021. The latest GDP figures show the big four European economies beat expectations in terms of growth. The main areas include...
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First trading week of 2021🥳
2020, despite all this COVID issues, was a very good year to ZIONTRADES.🙏🏾❤️
Created my own trading group, we are over 350 members in all groups, banked over 13,578 PIPs during 2020.🤯
We are really ,looking forward to 2021 !😎
So, here we have...
One trade ive got my eye on, entered a buy position here, due to the price producing a buy signal on my algo and making what likes a bullish wedge. look to buy the euro/cad and ride the next wave up.
BUND
I like to compare the currency euro with its bond market the bund. Why?
Simply looking at the macroeconomic front of countries as we had strong PMI's this friday come out from European countries, bunds is focused to Germany which you could of took scalp or swing trade towards the positive outcome. Whilst looking at the fundamental aspects i'd reflect...
Price action on the last close shows a Bullish engulfing candle which is one confirmation that the market has strong momentum and swing towards the upside. Confluence on the head and shoulder pattern which indicates a long position. Looking to go long on this one! FX:EURUSD
Two continents are into a currency war - and 'nobody' knows about it, except me of course. LOL.
Have a look. I start off with a 15 min time frame and look deeper into macro-economic time frames and trends.
Overall the EUR has been weakening against the USD for quite a long time. The trend shows it - everybody can see it on the 3D time frame.
Trend-following...
Today I have a quite unusual stock. Instead of watching Italian football, why not watching some Italian stocks.
First of all we can see a bearish trend to the resistence line (1.1185). However, at this point it could reverse.
Points to consider:
- There is not high volume fluctuations (price will not increase/decrease drastically)
- Price quite below EMA 8 so the...
Sl: 108.34 | -0.34%
TP 1: 106.88 | +1.01%
TP 2: 105.86 | +0.95%
50% close on target 1 at 106.88
50% close on target 2 at 105.86 with changing the stop loss to break even at the buying price
Ahead of the Parlement decision and debate today, the market has recovered to the level 1.2261 where I believe the uptrend will be extended till the final vote outcome been released, much such as in the event where no confident motion was voted for against the previous government, at the time where Theresa May have been a PM. except for this time, the motion isn't...
Target 1: 1.0837
Target 2: 1.0771
Exit 50% at the first target then move the stop loss for the rest of 50% to break even, having a zero free risk trade for the second target.
