📈 EURCZK - Perfectly Bullish on 1-Hour Chart! 🐂 Trade Plan: LONG 🚀 🎯 Entry (Buy Stop): 24.12181 🛡️ Stop Loss (SL): 24.01775 🎯 Take Profit 1 (TP1): 24.22590 🎯 Take Profit 2 (TP2): 24.32990 📈 Technical Analysis Overview: - The EURCZK currency pair is displaying a picture-perfect bullish trend on the 1-hour chart, indicating strong upward momentum. - The trend...
EURCZK $EURCZK Initial Re-Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
I will make a multi time frame analysis to give you an idea of what the price could do next Monthly: The price is currently over extended. When price is overextended, we always could expect a retracement to happen next. The price could be getting ready to make the retracement soon. Weekly: The price is also over extended. In the weekly we can see also that the...
#EURCZK currently the market is moving in a bullish channel. And its next move will be decided when it touches resistance.And breaks it out or not.
This look like a chart that's ready to see this currency pair take off!!! What do you think?
ECB frontloading PEPP purchases isn’t a negative for EUR/USD. It helps to underscore the latest market narrative of tentative stability in core bond yields, in turn taking away support from USD. EUR/USD to move above 1.25 in summer. The main winner from the subsequent stability in core bond markets is EM FX, mainly the high yielders that got hit last month. ...
Bullish bat formation for Eurczk. Heard from a friend that the domestic situation is not really good in the country. I'm long on it.
EURCZK is moving inside a descending channel. The market after the last retracement tested the resistance structure and now is above a minor support. If the price will break below, according to Plancton's strategy, we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
Could be a good long opportunity here if we see a bounce from the current support area. The sentiment is still quite bearish so must be cautious when looking to enter a trade. This level previously acted as support in August and this aligns with previous resistance looking further back. We are also at 0.618 Fibonacci. Before entering a long we need to look for the...
Hello, in this time of uncertainty, one of the few pairs with a clearer pattern is EURCZK. It broke a trendline acting as the lower boundary of a big wedge. T1 is the lower part of the Fibo retracement from 25 to 28 T2 is the fibo extension of the last down leg
EURCZK After a strong bearish week, EURCZK has made it's way down to a major support level. The daily candle's indicates a likely chance for support to be created.
The pair will break down from an uptrend channel towards its previous low. A small recovery is better than no recovery at all. This is the scenario for the EUR/CZK pair. On Friday, October 16, Czech Republic published its Producer Price Index (PPI) reports. The month-over-month report posted a 0.2% growth for the month of September against a decline of -0.3% in...
All Euro area is being swept by the second wave of coronavirus. Czech republic is no different. Cases topped 114,005 and the daily new infections are going parabolic. That would mean they will need to enforce some sort of lockdown strategy that will, in turn, affect their economy. Technically speaking I see a bearish channel in which the pair is currently...
The price is in a clear H1 trend, recently broke and retested, and rejected previous resistance - now support. I expect one more push to the downside to grab liquidity and then continuation to the upside.
Positive news from the eurozone is buoying the beloved single currency against the Czech koruna. Bears will have trouble trying to push the pair downwards because the euro finally receives good news from its economic activities. The euro to Czech koruna trading pair should climb towards its resistance before the second half of the month starts. The move will help...
The pair will bounce back from a major support line, sending the pair higher towards a key resistance line. Czech Republic had its biggest GDP decline for the decade on Q1 2020 where it posted -3.3% growth. The OECD expects Czechia to further decline in the coming quarters to become the fifth most infected country by the coronavirus pandemic in Europe. Forecast...