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Eurdollar

EURUSD SIGNAL to SELLThe price continues to move above the historically strong resistance level. As mentioned last time, it rallied from the zone and secured itself on the support line in the area of ​​1.209. And now it has come to the resistance line 1.217. This resistance line has existed on the chart since July and during these six months the price has touched it more than five times but has never been able to break through. Therefore, I still don't expect the price to rise above the line. It is important to keep in mind that after months the price moves in an uneven uptrend. At the end of November, it was able to break through a very strong support level at point 1.196 - the last time this level was broken out in 2018. Both the level itself and the nearest line give the price good support. However, now I expect the price to start falling from the resistance line and fall into the support zone around the level and line. And this is a great reason to open a sale trade. I never tire of reminding you of the importance of SL - set it around 1.222. This will help if the price corrects to the line. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
12
EUR/AUD Compressing for UpsideHello Fellow Traders! Trend line set back in August through September intact and respected. Indicator and signals clustering pointing to upside before any major falls. Key Points: - Price holding above the 200 EMA - Price holding above the 50 EMA - Price sitting on 200 EMA clusters with 50% Fibonacci as support - RSI approaching 50 mid-point and has room to cross above. - Holding above trend line we can use as reference for exits - A bounce off trend line would cluster with 61.8% Fibonacci - Target 3 is the 61.8% retracement of August High to September Low Key Levels: Support – 200 EMA, 50 EMA, 1.62675, 1.62370 Resistance – 1.63280, 1.63530, 1.63980 Entry Zone: Optimal entry provides the greatest reward to risk ratio while supporting entry is a zone for reversal signals. Optimal Entry – 1.62590 Supporting Entry – 1.62680 Candle Reversals for entry - Bullish Hammer - Bullish Engulfing - Bullish Piercing The Risk: As traders, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios. If you are not comfortable with defined exit levels, experiment with Moving Averages to help set solid exit rules to protect your capital. IF: Price breaks below 1.62309 and violates the trend line – this would suggest the structure is not in our favour and would be wise to reduce exposure or close the trade until a solid signal gives us reasons to re-enter. Reward / Reward Targets: Optimal Entry 1.62590 – Target 1 1.63280 = 2.5x Reward to Risk Optimal Entry 1.62590 – Target 2 1.63530 = 3.5x Reward to Risk Optimal Entry 1.62590 – Target 3 1.63980 = 5x Reward to Risk Supporting Entry 1.62680 – Target 1 1.63280 = 1.65x Reward to Risk Supporting Entry 1.62680 – Target 2 1.63280 = 2.2x Reward to Risk Supporting Entry 1.62680 – Target 3 1.63280 = 3.5x Reward to Risk
Long
by tradetheday
Don't miss the great sell opportunity in EURUSD Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance lines (1.1822 & 1.1883). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Take Profits: TP1= @ 1.1713 TP2= @ 1.1653 TP3= @ 1.1594 TP4= @ 1.1492 TP5= @ 1.1370 SL: Break Above 1.1965 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
24
Don't miss the great sell opportunity in EURUSD Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance lines (1.1822 & 1.1883). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Take Profits: TP1= @ 1.1713 TP2= @ 1.1653 TP3= @ 1.1594 TP4= @ 1.1492 TP5= @ 1.1370 SL: Break Above 1.1965 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
10
WHY IS GOLD GOING UP?PAUL KRUGMAN, AN INFAMOUS (((KEYNESIAN))), RECENTLY CLAIMED THAT THE PRICE OF GOLD WAS RISING DUE TO A FALL IN REAL YIELDS, NOT BECAUSE OF INFLATION! HIS BELIEF IS THAT INTEREST RATE YIELDS ON TREASURIES AND OTHER SAFE ASSETS BEING NEGATIVE ADJUSTED FOR INFLATION IS THE PRIMARY FACTOR OF DEMAND FOR GOLD, AN ASSET THAT HAS NO YIELD, ONLY CARRYING COSTS! HE DOES NOT BELIEVE THE DEMAND FOR GOLD IS FUELED BY A DESIRE TO SEEK PROTECTION FROM INFLATION! HIS POSITION CONTAINS MANY FLAWS, TOO MANY, IN FACT TO LIST IN ONE TRADING VIEW POST, BUT HERE ARE THE MOST FLAGRANT: 1) THE FALL IN REAL YIELDS IS DUE TO INFLATION OF THE MONEY SUPPLY, WHICH INEVITABLY LEADS TO PRICE INFLATION! A FALL IN INTEREST RATES IS CAUSED BY AN INCREASE IN AVAILABLE LENDABLE FUNDS, WHICH IS THE MOST DIRECT CONSEQUENCE OF FINANCIAL INFLATION! THIS IS INDICATED BY THE VELOCITY OF MONEY, AS THE VAST MAJORITY OF CURRENCY CREATED BY THE FINANCIAL SYSTEM AND THE CENTRAL BANK IMMEDIATELY FLOW INTO INTEREST-BEARING ASSETS, LOWERING THEIR YIELDS! 2) THE TRUE PRICE INFLATION RATE IS SEVERAL TIMES HIGHER THAN WHAT IS OFFICIALLY DECLARED, AND EXTRAPOLATING THIS FACT TO THE PAST HALF-CENTURY OF DATA, REAL YIELDS WERE INCREASINGLY NEGATIVE DURING THE 1980s AND 1990s, WHILE THE PRICE OF GOLD FELL, INVALIDATING HIS THEORY! 3) AS THE MONEY SUPPLY, RESPONSIBLE FOR PRICE INFLATION, HAS INCREASED FAR MORE THAN NOMINAL YIELDS HAVE DECREASED, THE FALL IN REAL YIELDS IS NECESSARILY MORE OF A CONSEQUENCE OF INFLATION THAN OF A LOW-GROWTH, LOW-YIELDING ENVIRONMENT! 4) A RISE IN ALL PRICES CAN ONLY BE DUE TO INFLATION, AND THEREFORE ANY PARTICULAR INCREASE IN PRICE IN AN ENVIRONMENT OF GENERAL PRICE INFLATION IS NECESSARILY A CONSEQUENCE OF INFLATION, REGARDLESS OF THE FACTORS FUELING ITS DEMAND! GOLD HAPPENS TO BE RISING FASTER THAN OTHER ASSETS/COMMODITIES AS IT HAS CONSISTENTLY PRESERVED ITS VALUE DURING PREVIOUS INFLATIONARY EPISODES WHILE REMAINING HIGHLY LIQUID! 5) IF A FALL IN REAL YIELDS WAS RESPONSIBLE FOR INCREASED DEMAND FOR GOLD, WOULDN'T DEMAND FOR CASH BALANCES AND PHYSICAL CASH BE EQUAL TO OR GREATER THAN GOLD, AS THERE IS WAY LESS CARRYING COST? YET THIS IS NOT THE CASE, EVIDENCED BY INCREASES IN VIRTUALLY ALL PRICES RELATIVE TO INCREASES IN M0/M1, A FALL IN THE DXY, AND, IRONICALLY, A RISE IN THE PRICE OF GOLD. 6) WHY IS THE PRICE OF SILVER AND METALS RISING AT A GREATER RATE THAN GOLD? THESE ASSETS ARE FAR LESS LIQUID AND ARE HISTORICALLY PERCEIVED AS VOLATILE PLAYS ON INFLATION! www.shadowstats.com www.zerohedge.com
COMEX:GC1!Long
by UnknownUnicorn4195243
Don't miss the great sell opportunity in EURUSDTrading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (1.1819). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. Take Profits: TP1= @ 1.1750 TP2= @ 1.1708 TP3= @ 1.1626 TP4= @ 1.1562 TP5= @ 1.1463 SL= Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
9