EXY has demonstrated a very strong bull candle today, there will probably be bullish moves with the eurxxx pairs until midweek.
added a 6th long position at 1.1536 TP of all long positions well above 1.45s
Euro Index has a high level MACD Divergence for Bull - 1D & 2D. EXY got a long lower shadow - near a Hammer yesterday. Euro gets strong and valid support from previous support zone: 113-115. Plan: Long Stop: 13.4 Target 1: 118 Target 2: 124 If it goes over 118 successfully, a bull run toward previous high 124 is expected.
EXY headed to fill a gap from the 29th. Once it does, it'll most likely hit hard resistance and complete a harmonic pattern.
9th short position added, TP of all short positions well below 0.90s
Will allocate off these levels - Volume profile suggests price is more likely to move downward - However the trend suggest a bounce off these levels, inline with an existing channel - some Major fib levels in the shaded area - 50/50 point Will look to BXY; EXY - POUND Index: - EURO Index:
opened daytrade position at 14,79 TP, well above 30s to max 37s SL at 13.07
EXY has a bullish divergence @ macd histogram. 115.7-116 is a possible reversal zone for EXY then it can make a rally to 118.1 and 119.5. Have a nice day, Berk.
After looking at euro / dollar charts since 1972, I realized that the most recent euro high was a pullback (backtesting) to yearly trendline which it broke in the end of 2014. The old yearly trendline became a resistance now. This thing is called the change of polarity. And now we are just starting to drop back from it down again. Expect a further bearish euro...
Euro Currency Index seems that it will lose some power against other currencies during next weeks. April and May will be very important for EXY. Technical Analysis details: -I observed a divergence on weekly chart which can start a new bearish trend. -Stoch gives some bearish signals for future. -Wave Trend Analysis gives some signals that we are at the top of...
EUR Long if bullish evidence emerges
The Euro Index looks like it is hitting resistance and wants to fall to support zones.
chart is self-explaning. any questions, dont hesitate to ask. thank me later
this months target in EU 1.2350s around
eurgbp look like a perfrct short acsending triangle consolidation breakout retest 61% FIB structure breakouttt