EURNZD Intraday - We look to Buy at 1.6642 (stop at 1.6609) Daily signals are mildly bullish. Expect trading to remain mixed and volatile. Trend line support is located at 1.6640. Bespoke support is located at 1.6640. Our profit targets will be 1.6733 and 1.6753 Resistance: 1.6740 / 1.6770 / 1.6800 Support: 1.6700 / 1.6670 / 1.6640 Please be advised...
EURNZD Intraday - We look to Buy at 1.6683 (stop at 1.6647) Previous resistance level of 1.6670 broken. Previous resistance, now becomes support at 1.6670. Daily signals are bullish. Our overall sentiment remains bullish looking for higher levels. We look to buy dips. Our profit targets will be 1.6779 and 1.6799 Resistance: 1.6770 / 1.6800 /...
If you haven`t shorted here, when i gave you this signal: Then you should know that as long as the war continues and the sanctions to Russia, we will see a weaker Euro and a stronger Dollar. EUR/USD is the most actively traded currency pair in the world. The European Union rely on Russia for almost 38% of their imported natural gas . Germany gets about 50% of...
The euro has caught a strong bid against the pound in recent days on the back of some very hawkish commentary from the ECB and poor economic data in the UK. The ECB will become the latest central bank to concede on the inflation argument and raise rates in July and September, as per President Christine Lagarde's blog, although some support an even more aggressive...
Fundamenta Aspect In a new interview, the head of the European Central Bank, who yesterday discussed the two phases of interest rate hikes, predicted that eurozone interest rates will likely be positive by the end of the third quarter of 2022. Legard added that there is currently no chance of a recession in the eurozone. She also emphasized that the market should...
Events: EUR - Manufacturing PMI (expect a EUR reaction if we get a number below 52 or above 57.) EUR - 12 ECB Speakers ______________ US - FOMC Minute US - core PCE Inflation US - FED Speakers FED is expected to raise interest rates by 50bp at the next meeting. Keep an eye out for dovish members warming up to the idea of a 75bp hike instead. Doves turning more hawkish.
EURCHF Intraday - We look to Sell at 1.0333 (stop at 1.0368) Daily signals are bearish. 20 4hour EMA is at 1.0349. We look for a temporary move higher. The previous swing high is located at 1.0360. Our profit targets will be 1.0246 and 1.0200 Resistance: 1.0300 / 1.0340 / 1.0380 Support: 1.0250 / 1.0230 / 1.0200 Please be advised that the information...
Hello Traders Here is our view of EURNZD. 3rd consecutive Bullish candle reminds us of the "3 soldiers candlestick pattern" Lets see bullish continuation possibly to 1.62 price zone, news pending for this pair in the coming few days. As always, only trade what you're willing to lose. The Trading Regime
- price should retrace to the imbalance marked on chart and then bounce off that area - looks weak at the moment but i believe it to be strong in the long run My OTE entry for a swing long is towards the bottom of the area of imbalance below current price
EURGBP H4 Possible break incoming on EURGBP, dependant on rate hikes later for the GBP and BOE release. This would warrant GBP strength, thus pulling EG beyond support. Upon a retest and healthy correction we could measure a trade from 0.85 short to around 0.85200.
-It appears that the euro’s role as a funding currency is curbing the EUR/USD upside in the current market environment, as investors jump back into risk-on bets -With the eurozone growth outlook already partly compromised by restrictions in Germany and other eurozone countries, and the European Central Bank sticking to a broadly dovish tone, the euro may be...
Hello Traders Here is a new SELL Scenario, i expect this scenario starting end of the month of october, Most likely scenario is a reversal around that level. Federal Reserve 'on track' for tapering asset purchases. For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient. 💹EUR/USD SELL STOP ✅ Entry @1.17300 or below (Best Scenario, It...
Hello Traders Here is a new BUY Opportunity, Eurozone Preliminary Manufacturing PMI beats estimates with 58.5 in October 💹EUR/USD BUY STOP ✅ Entry @1.16450 or above ✅TP-1# 1.16650 ✅TP-2# 1.16960 ✅TP-3# 1.17450 ✅SL# 1.15350 Source: www.fxstreet.com JamdeJam will not accept any liability for loss or damage as a result of reliance on the information...
as it shown in the chart euro/ usd crossed the red zone which was the heavy support and going downward through the channel in my opinion if couldn't get back above the red zone then it will flip to yellow zone . "not suggested to sell or buy"
Hello Traders! If we break the labelled trend line that would give nought momentum for the price to move to the take profit levels. If risk aversion grows then it would favour JPY buyers in the near term. Have a great day! Best wishes, Vitez
●● Mine scenario OANDA:EU50EUR 🕐 1W TVC:SX5E If you are interested in trading on the euro area economy, you can use this index. The EURO STOXX 50 reflects the dynamics of the largest and most liquid 50 shares in the euro area. The rapid decline in the wave (C) that gave rise to the COVID-19 pandemic was apparently a necessity within the ② of V ...
EUR/USD has recently broken below some key technical levels of support such as 1.2050. Recent USD resilience could wane over the next few days as positioning in euro cleans up. Coming into January, many managers had the reflation bet on, which encompasses the long EURUSD trade. This trade caught them wrong-footed, and many managers squared out during a period of...
Hello everyone, I have two possible plans for the euro in dollars if the resistance of 1.21680 is broken. We will see 1.22600 in the first target and 1.23400 in the next targets. In this range we have a heavy resistance if it breaks We will see the 1.24500 target, but if the resistance is not broken we will return to the 1.22600 range