Euro may fall because of the difference in the ECB and Fed rates The Parabolic indicator gives a bullish signal. The Bollinger bands have widened, which indicates high volatility. The MACD indicator gives a bullish signal.
According to the chart , by my perception the trend is downward . for this reasons : 1- Overlap of two FIBOs (Extension & Retracement ) at the 0.786 and 2.272 2-MACD confirms the above overlap 3-we encountered with divergent of RSI 4- FIBO time zone shows that we are at the correction price zone
According to the chart , I think the trend is downward for this reasons : 1- Overlap of two FIBO(extension & Retracement ) at the 2.272 and 0.786 2- we are at the end of wave 5 of Eliot that MACD confirms that 3- we encountered with the divergent of RSI
Look at the chart carefully . we are at the end of wave 5 of Eliot and it seems the trend is downward and exactly MACD confirms that . how ever RSI shows a nice divergent at the chart.
The Bank of England can raise the rate According to interest rate futures, the probability of a rate hike by the Bank of England at its next meeting on Thursday, August 2, 2018 is 86%. Will the British pound exchange rate rise?
According to interest rate futures, the probability of a rate hike by the Bank of England at its next meeting on Thursday, August 2, 2018 is 86%. Will the British pound exchange rate rise?
According to the chart and it's indicators I think the trend is downward .
• The downtrend line has been broken. Even if the market slips below this trend line again, this break is significant. • The chart shows the formation of a descending triangle. If the breakout becomes decisive, it is an indication of a potential significant “up” move. • The chart shows a triple bottom. The triple bottom will offer support for any subsequent...
What's your Idea about this two Fibonacci overlaps that I indicated in chart?