🔰 EUR/USD — Important before the market closes 🔰 🔹 The next Resistance from here is 1.2260 level
🔹 Our Next Major Support is 1.2100 then 1.2000 levels
🔔 We will wait for the price to break above the last high from last week — if we break above this high, most likely the price will trade to our Bullish target
Europe
Have some markets shown they have already past a mid Jan peak?Some markets seem to have shown that they peaked in mid-January... indicated in their U.S. listed, $USD denominated, ETFs: Russia RSX, Brazil EWZ, India INDA, Thailand THD, Europe EWZ... and also in certain financial markets as indicated by a Commodity Tracking fund DBC, and see also the US Government Bond 5 Year Yield .
EURCHF Long-term LONGEUR = strengthening
CHF = weakening
GDP diff = short
Exports Analysis = Long
IR% Diff = long
Stock Index = Long
EUR OI Hedge Funds = Long
CHF OI Hedge Funds = Long
TA = Long
Majority = Long
The euro area has had an interesting start to 2021. The latest GDP figures show the big four European economies beat expectations in terms of growth. The main areas include Germany growing in the 4th quarter followed by Spain but France taking a slight dip in growth but still beating expected losses.
Overall, the data is suggesting the businesses in the euro area have found a way to "cope with restrictions". The ECB also has further mentioned that they will support where needed but there's no need to cut interest rates further.
XAUUSD LONG 📈Hello Traders, don't forget to follow this PROFILE SO YOU GET NOTIFIED EVERY TIME WE POST📲
First trading week of 2021🥳
2020, despite all this COVID issues, was a very good year to ZIONTRADES.🙏🏾❤️
Created my own trading group, we are over 350 members in all groups, banked over 13,578 PIPs during 2020.🤯
We are really ,looking forward to 2021 !😎
So, here we have a possible LONG position on XAUUSD, as American Dollar keeps weakening.
I'm expecting to hit our TP in 6 trading hours .
We will enter this trade as soon as the markets re-open.
Fell free to share your opinion with us guys👀
EUR/USD forex Hello receive a cordial greeting and I hope you have a prosperous new year 2021. The EUR/USD continues in a clear and safe bullish structure, bullish structure in the long run.
We aim bullish closest to the level of 1.25499 and
as supports in case of correction levels of 1.20689, 1.9548, 1.18047.
Honestly L.E.D. Good investment. In Spain at 29/12/2020
EURGBP - H1 - Buy - 100 Pip TargetEUR GBP Buy Signal.
- Multiple confluence on long term trend line support
- Earlier dump to be corrected (21/12)
- Weakening Pound after news on latest Covid Variant, Travel blocks from EU & the world in addition to a bleak outlook on Brexit makes Euro an attractive buy
*BULLISH* 6.5% breakout to $61.90 target by New Years *full disclosure* I have a 28,000 CHF long position in RET*
Retail Estates is an underappreciated European retail REIT that is primed for a substantial technical breakout this December. Please take the time to look over the technical analysis, which is purposefully decluttered to provide a utilitarian analysis of the overall forecasted direction of the share price.
The fundamental analysis is far more appetizing since the REIT is likely to be a pillar in my portfolio, similar to how SGRO was over the last 5 years. Similar to SGRO that focused on commercial real estate on the periphery of town, RET does the same for retail outlets, except instead of encompassing the UK and pan-Europe, they specialize in Belgium and the Netherlands.
As COVID-19 vaccines are set to roll out across Europe, the smaller countries are likely to be more efficient in distribution than the larger ones. Furthermore, Belgium is home to the ECB and the Netherlands is home to the International Justice Court, and with Brexit underway, these are two highly English proficient, international countries that are likely to benefit from a "no deal".
Work culture is ultimately shifting to stay-at-home, but the office in the center of town will remain a cornerstone of any business. RET's retail outlets are perfectly suited to take advantage of this new trend as more people live on the periphery of towns and make trips into town on a ad hoc basis. All in all, given the technical and fundamental analysis, I am bullish on the stock.
Thank you for reading and considering my analysis.
Yours Sincerely,
Turner Capital Management
Trading The STOXX600 & GER30 Vs Manufacturing PMI DataIn this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region.
This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index.
Manufacturing PMI data is available on investing.com on the first week of each month.
EUROUSD Perfect FiboEuro followed perfectly is downtrend from 2008.
Rejections on Red Circles :
- ATH 1.60$ (2008)
- Rejection Fibo 78.6 at 1.50$ (2008)
- Rejection Fibo 61.8 at 1.40$ (2018)
- Rejection Fibo 38.2 at 1.25$ (2018)
- Rejection on Trend at 1.20$ (2020)
The demand is is growing around 1.14$.
if this correction is correct the next Leg after a breakout will push Euro to retest 1.25$.
Happy Tr4Ding !
EURMADThe market is not strong enough to seek higher levels. he tried to break resistance 10.83.
But without result for the moment. the thing which increases the probability that the market
will continue its decline on its bearish channel to derive towards 10.70 on the next week or maybe a little more . we wil see ...