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Eur50

$EUR50 - Recession - Eurozone OANDA:EU50EUR is officially in Recession due to two consecutive negative quarters in a row. The Euro-Zone entered a Recession in the first quarter of this year and economists are not optimistic for the coming months. Having said that, its Index OANDA:EU50EUR continues to hold its head up high, but the question is, how much longer will it maintain to do so ? Will the situation get better for Europe or domino effect has just gotten started ? TRADE SAFE *** NOTE that this is not Financial Advice ! Please do your own research and consult your Financial Advisor before partaking on any trading activity based solely on this Idea .
OANDA:EU50EUR
by Mr_J__fx
GER.30 SIMPLICITYGER.30. Great view i have on the ger.30 simple technical methods i used here. firstly we would do a multi-time frame analysis 1W and see that price broke our major trendline but never came to retest it enough momentum to look for a buy , moving to the 4H chart we see the price created rising channel CLEAN confirmation on the uptrend reversal, with inner patterns formed inside, currently we waiting for price to finish the correction pattern, our point of interest is at @14398,1. Risk management is what keeps you longer in this Game...
OANDA:DE30EURLong
by Mr_Benjis
EU50 approaching resistance, potential drop! EU50 is approaching our first resistance at 3087 (50% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 3016 (38.2% fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
OANDA:EU50EURShort
by Tickmill