Ahead of tomorrow’s ECB meeting, EURUSD has settled marginally above the 1.13 threshold and doesn’t dare to challenge the 1.14 barrier since the start of the week. After two days of declines, the euro makes some recovery attempts on Wednesday but the overall demand looks very limited due to growing concerns over the spreading political crisis across the EU.
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Either it hits the line and drops. if so then we drop to 4hr and look for entry e.g first engulfing candle.
Or it goes beyond our line and we leave the trade.
Gold prices have been in a recovery mode since August, when the metal found a bottom at $1,160. Despite the corrective rebound is bumpy and uneasy, the technical picture has improved significantly, especially after last week’s rally that was the most aggressive since March. Yesterday, the precious metal has reached a mid-July high above $1,250, where it was ...
on the usd/jpy market I went onto the 4hr market and saw a bullish flag opportunity which was showing the text book definition so I went ahead and placed were I would like to enter the trade. I have also added in the stop loss and take profit as well.
Please make sure to check the analysis on the 4hr chart and check for entries on the 1hr chart as well thanks guys.
After a short-term positive reaction to the OPEC+ deal on Friday, crude oil prices struggle to show a sustained recovery as the exporters agreed to curb output by 1.2 million barrels a day. Despite a consensus was finally reached, investors refrain from aggressive buying as there are some doubts that all the members of the group will fulfill their obligations ...
Global markets are trading in a risk-off mode on Thursday amid a potential escalation of US-China trade tensions despite the two countries reached a 90-daycease-fire a few days ago. The Huawei Technologies executive was arrested in Canada at the request of the United States.
The arrest is related to the supposed violation of US sanctions on Iran and now Meng ...
EURUSD, Forecast EU next week !
( Prior analysis
https://uk.tradingview.com/chart/EURUSD/slxaJ0ns-EURUSD-View-next-week-Multi-timeframe/
https://uk.tradingview.com/chart/EURUSD/1LSS6P4H-EURUSD-Sell/ )
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The greenback continues its ascent on Tuesday, with the major currencies are on the defensive ahead of this week’s G 20 Summit in Argentina. The pound is broadly lower as Brexit deal hopes continue to fade. GBPUSD slipped to mid-November lows around 1.2733, which helps to lift the buck.
Interestingly, the EURUSD pair is also edging lower even as the Italian ...
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