EURUSD LongHey traders, in this week we are monitoring EURUSD for buying opportunity around 1.06 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Europe
BUY EUR/USDJust an idea and trade at your own risk.
EURUSD still in correction phase (yellow uptrend line) and holding on at the current support and demand zones at 1.0630 - 1.07.
Next target is at the upper downtrend channel, upper channel of the correction uptrend and next supply zone at area 1.09-1.10.
LONG EURUSDJust an idea and trade at your own risk.
EURUSD still in correction phase and possible next target to the upper channel of the downtrend at area 1.09-1.10.
EURUSD broke last supply zone which now is the demand zone and next target to target supply zone (1.09-1.10) if it breaks the next supply zone at 1.08.
EURUSD Potential Upsides and ECB hiking ratesHey traders, in the coming week we are monitoring EURUSD for a buying opportunity around 1.069 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD LongHey traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 1.069 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURNZD Potential upsides as ECB is heading towards a rate hike!Hey traders, in today's trading session we are monitoring EURNZD for a buying opportunity around 1.64 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD has not bottomedHello everyone! As you've already noticed from the title, I don't believe EURUSD has bottomed. Yesterday I shared an idea about why I think the DXY hasn't topped either, and as the DXY mostly consists of EUR, it is impossible for me to think that the USD won't strengthen vs the EUR. However in the short term EURUSD could go higher, and I could even see it go up to 1.10, without that meaning that the downtrend is over.
The fact that the market tested 1.03-1.04 again is pretty bearish, and the bounce is mostly due to the fact that things got pretty extreme. Essentially the market got extremely oversold, and therefore the most important support actually held. The problem though is that the structure is clearly bearish, as double bottoms tend to break and we haven't seen any significant higher highs and higher lows yet.
Getting above above 1.045-1.05 was the first key indication that the bounce would have legs, as the market reclaimed the Yearly S3 and Monthly S1, along with the horizontal support. Now it has reclaimed the 1.064 level and therefore I wouldn't be surprised if it properly retested the 1.08 breakdown level. I also wouldn't be surprised if it rallied up to 1.095 to sweep the highs there, as that breakdown wasn't properly retested and the highs not properly swept.
To me this is more of a dead cat bounce for the Euro which got extremely oversold, while rates in Europe could go higher and rates in the US lower. The case for higher rates in the EU can be justified a lot more easily that ones in the US, but at the end I believe the ECB is in a worse position than the Fed. Why? Because they need to support all the weak countries, while European energy is too expensive and the population a lot older. Hence the 1.08-1.095 is great for shorting, and as long as the market doesn't close above 1.12 I remain bearish.
BUY EURUSDJust an idea and trade at your own risk.
EURUSD is in its correction phase after reaching the below down channels and the demand zone at last week low around 1.0348.
Next target may be at next supply zone and the upper downtrend channel at area 1.09-1.10.
EURNZD LongHey traders, in this week we are monitoring EURNZD for a buying opportunity around 1.646 zone, once we will recieve any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD Heading to 1.08?Hey traders, in the coming week we are monitoring EURUSD for a buying opportunity around 1.051 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EWGEntered short again today in the German equity ETF
$19 is possible to find as support. Was a gift to buy above $26
BUY EURUSDJust an idea and trade at your own risk.
EURUSD reached last week the lower downtrend channel on the daily and weekly timeframes.
EURUSD at end of today might have three daily consecutive bullish candlesticks closing (nearly white soldiers candlestick pattern) and rebounding from the recent strong demand zone at current week low around 1.0348 (also weekly and daily lower channel) which may confirm a reversal and correction up with possible next target next to area 1.09-1.10.
EURUSD Forming a Bear FlagHey traders, in this week we are monitoring EURUSD for a selling opportunity around 1.049, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURGBP LongHey traders, in the coming week we are monitoring EURGBP for a buying opportunity around 0.845 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD SHORTHey traders, in the coming week we are monitoring EURUSD for a selling opportunity around 1.042 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD LongHey traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.05 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURCAD LongHey traders, in today's trading session we are monitoring EURCAD for a buying opportunity around 1.36 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURNZD LongHey traders, in today's trading session we are monitoring EURNZD for a buying opportunity around 1.67 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURCHF LongHey traders, in this week we are monitoring EURCHF for a buying opportunity around 1.039 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURUSD LongHey traders. in this week we are monitoring EURUSD for a buying opportunity around 1.05 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Bye Bye EURO !! ( CRASH )The levels on the euro's chart against the dollar are highly worrisome.
If the European Union does not quickly raise interest rates more aggressively, we could see the Euro fall to levels of €1=$1 or even lower at €0.8=$1.
We note that it has been in a bearish channel since about 2005, which it has been respecting in a demanding manner. At the same time we have no nearby supports that can hold the price, so the HIGHEST probability is to fall. The market structure predicts an abrupt and rapid fall towards these levels, probably without giving us any retracement, as happened in the past.
We have already broken the bullish guideline within the bearish channel and this is not good news, since there is no " REAL SUPPORT " by market structure ( I REPEAT ) The area where it is right now, is NOT a SUPPORT !!! .
Europeans can be affected by this, losing 20% of their wealth added to inflation added to the uncontrolled growth of taxes. :( . Best of luck to All, hope it helps to get a clean picture of the future of the EURO.
Buy ASAPOverall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
Buy Buy BuyOverall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
