The Euro Index looks like it is hitting resistance and wants to fall to support zones.
Hello Traders, Lobg opportunity for EXY. I will be honored for your reflections on my analysis. R:R approx 1 to 2.5+ and 1 to 3.5+ for conservative and aggressive approach respectively. Thank you.
Long bias for the Euro after an inverse head and shoulders formed in consolidation zone, rejection of 50 SMMA, and possible continuation of the bullish trend. ----- Constructive Critics are well received. *I appreciate your feedback. Thank you.
price has been in an upward trend. we could see price respect this rising trend. if it breaks next support is around 114-115, before another bullish move to the up side
Im in Shorts on ECHF, EN & EJ because they were good set-ups and I am hoping this will happen. Currency Indexes are an excellent tool to gauge currency movements if you chart them as well.
Follow the pink line, and star selling when lady line touch the yellow one.... that means not yet
After a clear Head and Shoulders breakout, the price is coming back to the previous support now converted in a resistance. The expectation is to push the price in order to find new Low Lows. ---------------- Constructive Critics are well received. *I appreciate your feedback. Thank you.
OVERLAY OF SWING EXTENTIONS IN 1,205-1,209 AREA TARGET-RETEST OF CEILING/FLOOR LINE OR EXTENDED TARGET 0,382 OF A WHOLE LAST MOVE DIVERGENCE ON RSI AND MACD TOPS LINE VS PRICE MOVE
if it breaks to up side this will make pairs with this currency more bullish for the coming week
Index reached important level of 119 (same as Jan 2015 and May 2010). It may retrace now to 114 or even 111 level, before resumes upwards.