Bottom of the reversal zone once again. EXY (euro) looking to gain strength in the near future. DXY (dollar) looks like it could run out of steam. Longing EU this week.
Technical: - Last candle stick Feb 8th was bullish and short shadows means buyers has upper hand. also the candle started with a small gap it shows the power of the buyers that had overcame sellers. - near to the prevailing trend line the price started to turn and maybe trying to make a news trend line means it is very possible to get to the long...
waiting for targets, If it breaks the wedge. "stop-loss" under the support line. Good Luck, -YusufDeli
DXY on level to go down EXY on level to go up EURUSD must go up tech is good for this.
risky but looking good, Good Luck, -YusufDeli
if it close a candle over the wedge, (4h), i will be waiting tp good luck, -YusufDeli
If the Euro takes out the low on the weekly chart it seems that dollar parity is secured.
The Euro is at a key level and a .618 fib. If we have a close above 113/114 for the month of December, I'll be leaning towards Bullish momentum for the beginning of 2019. It has formed a weak falling wedge shape on the monthly, but a falling wedge none the less. Analysis for this is pretty simple, majority of it can be explained on my chart. Thanks
looks good for short. -DYOR -YTD Good luck, -YusufDeli
Even with the earning season we are in right now, does it even matter? If there isnt enough liquidity in the market? In my opinion every pop to the upside is an oppurtunity to just sell from higher prices.
if it works, will be good profit. -DYOR -YTD Good Luck, -YusufDeli
It reached BAT Pattern D point. And olsa Big Trend Line waiting there. I'm waiting short from here. Maybe it can go Alternate Bat Target (%25) -DYOR -YTD Good Luck -Yusuf Deli
Eur Index and Usd Index Chart Comparison Indicate Us some correction in EURUSD Pair. USD Index Near to fibo 78.6 area and EUR Index Near to 23.6 area. So EURUSD Might Have Some Upward corection to 1.1500 or 1.1720 area..
When EUR Index Drop USD Index Rise. It has a good Good Inpact on EURUSD Pair.
German gas prices has risen to the highest level since 2014 despite oil 1.80% prices collapsing. This is indicative of inflation? The ECB has yet to raise rates and the longer the wait the more extreme the inevitable rate hike could be. This could make the EURO 0.02% explode in value as people buy it up to pay back debt and what not. Who knows.
Last week, price tested 2018 low. Where price quickly surged after reaching this level. Now price is trade lower and lower as volume and volatility declines. In addition, EURUSD has been correlating with the stock market recently due to risk-aversion. For now, the two prices are correlating, indicating that there are still uncertainty in the market. Trade...