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EURO-USD

The Story of the Euro collapsing to 80 cents. Full Trade Plan.The full story on what triggers the Euro to slowly slip past 1.07, 1.06...and then parity. This is the most dynamic story no one is talking about. When German dynamite starts flickin the ECB lighter...it's only a matter of time. A full sell-off will implode derivative trades that have banked on the Euro ALWAYS being above 1.00. This has enormous macroeconomic consequences and could ultimately lead to the Eurozone exit talks... It's a colorful story that any savvy investor should know about. Cheers
Short
by MIAM1
1
TD breakdownThe same story in different words. Price is likely to retest weekly CPR which just some 13 pips higher or even weekly pivot (some 20 pips higher). But we opened with a gap down on Sunday, so we might as well miss it. The major points here are TD breakdown and TD projection which rarely fail. I ve been posting this earlier though. Nothing changed. Weekly Central Pivot Range and May Opening Range act as major resistance zones now, along with descending TD down-trendline. May CPR was stabbed through last week giving us bias short. For educational purposes only. Top correlation 4 hrs 1 EURUSD - EURJPY 97.5% 2 EURUSD - EXY 95.9% 3 EURUSD - CHFJPY 95.4% 4 EURUSD - USDCHF -94.0% 5 EURUSD - USDPLN -93.0% 6 EURUSD - EURSGD 91.2% 7 EURUSD - GBPJPY 81.3% 8 EURUSD - EURNOK 80.9% 9 EURUSD - GBPSGD 80.5% 10 EURUSD - JPYX -80.1%
Short
by ICFX
2
Euro driven by fundamentalsPrice action and volume analysis are of little or of no help here at all. Though in my previous post I did tell that price will end at the upper side of quarterly opening range (that is where it stopped today). Euro is very much driven by fundamental factors (interest rates) due to the divergence between Eurusd and German-French and US short terms bond yields differential. This divergence have been forming since 2018 and sooner or later such bubbles explode. I would look for longs if price breaks upwards through the quarterly opening range. For educational purposes only.
Long
by ICFX
The closest observation at what is happening EUR/USD,Price Range: This range has attracted buyers, one again price was entered into this attraction, and buyers were seen active. Buyers lost their control against sellers and price was pushed down with average volume. Invalid Diji / Suspicious Alarm : Compare to surrounding 3 candles volume, Doji has an extremely low volume that indicates suspicious activities started. Rounded Pattern: Whenever you see the rounded pattern which has low volume because of trader/investors, not interest that area of the range. From the 3rd of April, we are seeing average volume trading. Finally, If price move in a broad range with crossed average volume will our direction. For example, price cross Average Volume this week will be Bullish in price next few weeks. In the last update: I suggested to buy EURUSD:
by Trade-Technique
65
EUR/USD The Buy Area You've Been Waiting For.The price has hit this horizontal support before. We can see that this price level has been pivotal before. That's something that we can monetize using technical analysis. Place your stop loss not under the current support, but under the level 2 support. We don't know if the price will fall further, but the second level of support is much stronger than the first one. This gives us some slack and room for error. Exit the trade underneath the horizontal resistance for maximum profit compared to risk taken. If you would place it above, you would risk the price not being hit and rejected by the zone. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
12