Get started

Amiranazaladze

EURUSD Why I am selling EUR ?! EUR is overloaded, it's risky to go long now. I expect strong sell for next several days, BUT this is my expectation based on sentiment and fundamental analysis, so we need a proof and spetial technical signals to go short, we need exact points and targets. On H4 chart I see strong pattern sperandeo, which can give as that targets T1 is first and the most important trendline for paattern Sperandeo, when price will cross this trensline, we can go short T2 is the first take profit target for T1 signal T3 is the take profit target for traeding from T2
Short
by AmiranAzaladze
1
Positive signal for Euro VS USDMonday morning, great week ahead - unemployment data from Europe, Non-farm from USA. But today more concentration on technical analysis, check pattern bullish Head and Shoulders on EUR - USD currency pier (H1 timeframe). If price will cross T1 trendline- the target will be 1.1023. Be careful as it is Monday and price still can test 1.0905, last week lowest price. In this case formation of bullish double top pattern is possible, if some fundamentals will not push euro down again.
Long
by AmiranAzaladze
USD-TRY forecast and short term analysis As we posted last week, USD-TRY prise sharply crossed 5.6000 level, now trading around 5.7640 We think that before TCMB meeting price will be above our 5.7760 (R1) target, as we mentioned before 25 october is important to make longer term forecast. But it must be mentioned that USD is advancing versus major currencies from monday, so the price of Lira dropped to 5.70 not because of negative trend for Turkish currency, but due to USD fluctuations. Targets: Resistance - 5.7760 (R1); 5.9092 (R2) Support - 5.7168 (S2); 5.6456 (S1); Important topics which had an impact on currency market, during last week: * Kashoggi crisis * Berat Albayrak“Fluctuations in...finance sector have ended” * Trump - "Feds going loco!" * Brexit stuck * TCMB release Amiran Azaladze amiranazaladze@gmail.com
Short
by 10198910