The euro gained on Monday after France's snap election put the far-right in the lead, albeit with a smaller margin than expected. Marine Le Pen's National Rally performed worse than anticipated, easing fears of expansionary fiscal policies. The euro rose 0.4% to $1.0756, while the yen struggled near a 38-year low. The dollar index fell as U.S. inflation data...
This week is set to be a pivotal one for global markets, with significant economic and political events on both sides of the Atlantic. In the United States, the spotlight will be on nonfarm payrolls at the end of the week, with the economy expected to have added 180,000 jobs in June. This would mark a slowdown from the 272,000 jobs added in May and signal a...
Hey Traders, In today's trading session, we are closely observing the EUR/CHF pair for a potential selling opportunity around the 0.95500 zone. This level is identified as a key support and resistance area, aligning with the ongoing downtrend. The pair is currently in a corrective phase, approaching the trend line near the 0.95500 level. Recent...
The value of Euro dropped significantly this year due to geopolitical tension between Russia and Ukraine, which has led to an inflation in Europe. Furthermore, US raising the interest rate and a dovish statement made by the ECB during the last EU interest rate decision further provided bearish momentum for the Euro. EURUSD is now channeling in a clear downtrend,...
While the CAC40 gave traders an almost perfect technical upward channel for January February and most of March, that channel was broken last week only to be somewhat regained over the past few sessions. It still does not know however if that channel support line is now resistance or still support. Moving averages all signal upward momentum while bull bear...
Dear Equity World, I am actually waiting for a block-chain project that will allow Atari to go over 88ct. Wait...loading time... :9 Regards, H.M
You love France? Me too! Here is the analysis of LVMH for the end of the day. This analysis used Fibonacci and my indicator called "Min_equity_Thesis_indicator" in Public library of Trading View. I estimated the way of LVMH over the next day. But in Short term my signal is short with a target price of 1.23. If you have any comment, let me know.
This analyse used Fibonacci and my indicator call "Min_equity_Thesis_indicator" in Public library of Trading View. I estimated the way of the Atari over the next day. In fact Atari with its new crypto strategy will go up in long term. But in Short term my signal is short with a target price of 0.60. If you have any comment, let me know.
Short term trade to take quick profits on French Election volatility.
Using the cross Gann Fans, the shorter term fan has been consistently holding the price uptrend within the 1/1-2/1 range while the longer term Fans continued and held the price downtrend within it's equivalent range of zone. RSI having risen above 50 and standing currently at 57 indicates that there is still a lot of room for pricing to continue upwards. The short...
Do you consider yourself a conservative trader who requires a lot of confirmation before entering? Pay attention to not enter to late! Often, waiting for too much confirmation is like attending to an all you can eat lunch at 14h30. You pay full price but there is almost nothing left to eat. This is such a case. Those traders who position themselves ahead of...
Hello Traders, There is a lot of action going on right now around Euro because of the French elections. Taking a purely technical look at EURUSD, the Predictive/Forecasting model has defined the following BULLISH targets. Very High Probability - 1.10444 High Probability - 1.11140 Low/Medium Probability - 1.12039 Highlighted in faint grey is a background...
Gold test crucial fibo level. If it menage to break we can expect 1200 in coming days. If not, if it find support here above 1230 you can enter long positions and expect again bullish trend. SL for long be should under 1230, and if price break this level for short positions SL above fibo levels. The market senses a Fed hike is coming in June and gold is bearing...
Price are currently at strong key level 122.900 .it will go short until 120.643 . Looking at the French Presidential Election this Sunday. Hoping for a gap down below signing the starting of downtrend .
Over the last 3 years EURUSD has been "dancing within a massive consolidation wedge that have become more of a channel on the Weekly chart. After some recent analysis I noticed that a major gap in the market has yet to be filled. This gap however is at a retest of previous major structure levels, as well as at the top boundary for an ascending channel on the daily...
We recently had a major gap in the markets after the first rounds of the French Election process. On EURUSD the pair gapped up nearly 200 pips. Price came down quite a bit over the last week, BUT the gap hasn't been filled yet. The market doesn't like holes, and it doesn't like uncertainty. Euro's been consolidating within a 100 pip range, but I believe that the...
The EUR rallied significantly as did the Eurozone stock market, relieved by a strong ex-banker Macron result. However, EURUSD pauses at the March high price. If the rally higher and we see some close prices above 1.092´s I am would be very much pleased to see a big Bat Pattern trigger in the near mid term.
Possible Euro rally towards 2nd round or french elections. After the breakout of this years high prices the Euro has technical and fundamental potential to continue its rally. Especially if polls are in favor of Macron. Looking at the most recent price action I position my PTF long after a potential triangle breakout