EUR/USD BUY

Generated buy signals and sell sigs for market taking incline added on from previous analysis, trade 2 starting at 1.09845, generates buy signal/w 15% decline, reversal then trend continue inclined after to tp2@1.10555

1.09845
IT: 1.10360 47%
DT: 1.09679 -15%
62%

IT: 1.10555 64%
DT:1.09599 -22%
87%

Expectations show trend incline with stagflation possible retracement expectations & continuation with breakout momentum at 62%

Note

economic sentiment confirming continuation also expecting JPIPYY to be (N/) expected industrial production to decline while EUR news expectaions to be better (+N/)

Note

58% (resistance/support) mark is first buy signal 45% (resistance/support) is second buy signal, signal chart currently sits at 56% mark, signal chart starting bull process expect more resistance to downside

Note

15M chart 44% /39% With indicators crossed above ma. market deciding path.....

Note

market @ 2nd support resistance -14% reached should see bull market + economic sentiment confirmation rate cuts to come... moderate growth for U.S. GDP/

Note

TP1 hit on 15m chart

Note

looking for continuation pending economic sentiment 2 hour trend expected to be bull stagflation wait for break

1.09845
IT: 1.10360 47%
DT: 1.09226 56%

.0313

Note

-56%

Note

stagflation thereafter target @1.09224. pending economic outlook. market looks to make correction (decline) for the exaggerated incline from 1.08154 to 1.09618. dxy is looking for a decline i think wont happen with the stagflation of eur expect dxy to go bullish

1.09211
IT: 1.09539 30%
DT:1.08920 -27%
56%

Sylynt056

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Sylynt056

Also on: