USDEUR
DXY in 2027, Monthly ChartMy take is DXY in 2027 around 70.00
Save that up, and dont forget me in 2027 :-) Curious
Grab the longUSD/EUR about to get some support at 0.895 level as seen with Gann Line and support line. I would take the long at this price and set the stop loss at the levels indicated with green and red box. Our stochastic is at bottom of threshold and price is in oversold position so the conditions are ideal for a rise in price, especially if we see some bullish confirmation on this support line. Set the stop a little below resistance.
USDEUR: Back on support/buy level with stop below lowUSDEUR: Having given up all its gains USD is back on support and is a buy as per update to last comment with stops beneath the lows, ready to reverse if broken
USDEUR: testing resistance close out longsUSDEUR: A good rally for USD has reached the first resistance - take profits here, looking to re-enter from lower down
USDEUR: USD holding up well so farUSDEUR: USD is holding up really well today - despite finishing last week on lows it's managed to hold on valiantly all day - so have to accept that his could be a failed break-down developing, often very profitable if on the right side of it. Need a plan B. IF it breaks above downtrend on chart it's time to accept defeat and reverse.
DXY: Dollar Index Prepare for USDEUR short on break below 96.70DXY: Dollar Index now back under intense pressure. Any break below 96.70 should trigger the next wave dollar dumping. Prepare for aggressive shorts from here via USDEUR
USDEUR: Neutral now but likely to break higherUSDEUR: Stuck in near term neutral but a break is coming. As things stand now that coming break looks to be upwards, not downwards so long as today's lows continue to hold
USDEUR: Update for day traders and swing tradersUSDEUR: USD in short term neutral, consolidating losses in a continuation pattern that signals more weakness to come. Trips and triggers for day-traders and swing traders
USDEUR: Update Look to sell Dollar ralliesUSDEUR: The next down-wave for the dollar has begun. Look to sell all dollar rallies from here until the downside target is achieved as per comment.
USDEUR: Key day turnaround: Sell USD back to 0.8874USDEUR: Today has seen a key day turnaround with massive dollar failure at highs marked by mass of heavy bear engulfing red candles: this is heavy rejection, no messing. This price action heralds the beginning of the next dollar down-wave. Catch it fast. Two shorts, from here to 0.8874 and from 0.8863 to 0.8807.
USDEUR: Dollar still strongUSDEUR: The dollar is still strong, despite today's set back. A good long trade set to open up soon
USDEUR: USD ready to rally from hereUSDEUR: After rinsing out the gains made over the holiday period USD is back on support and looking to rally again from here
Possible Gartley Pattern on the USDEUR? Please HelpHello, I want to verify if there is any possibility that this Gartley Pattern can work.
USDEUR: Next long USD trade set-upUSDEUR: The dollar is looking perkier today, but has some serious overhead resistance to deal with still. Once it can break above here it should open the way for the next worthwhile long $ trade
USDEUR: More upside potential nowUSDEUR: Looking a little better after another test of the lows and higher bottom just newly created. A couple of nice little trades about to open up now...
USDEUR: Get ready close out first long soonUSDEUR: USD now approaching first upside taget. Am taking profits at that point, wishing to lock them in as we could be approaching limits of USD rally, as per comment. We'll then need to break above this approaching resistance to trigger the next USD long.
USDEUR: Longer term chart with Head and shoulders targetUSDEUR: Longer term chart showing head and shoulders formation and likely medium term downside target at 0.8803
USDEUR: Back in neutral awaiting next signalUSDEUR: Dollar is holding up off the lows but still vulnerable whilst trapped within the down-wave. Either it breaks out and should be followed or it breaks down and should be followed. No decision to make. Not overbought now or oversold...so follow the move when it comes...
USDEUR: Dollar Euro next short set upUSDEUR: The dollar has further to fall against the Euro but is a little oversold. Use any rally early this week to get short again if not already.
(M) - Timeframe , Reversal EURUSDHold it steady long, for 5 years? Hm, why not, juicy Risk/Reward ratio
EUR shot term SHORTFIRST TARGET =1.065
previous structure, resistance level, top of the channel
RSI - overbought
as for fundamentals/news noise:
ISIS/russia will still push for Marine Le Pen = more terror acts are expected
Marine Le Pen might win = big push down for EUR (0.85-0.9)
