Targets pre-covid levelsBroke 3 year down-trend line✅. Now targets 12 year down-trend line, which dates back to Nov’09. Target level is pre-covid level, 102.5. Pullback support is at 80. I add US10Y (orange line) , why is US10Y and EuroBanks act corralated? Happy tradesLongby VisionZ_OGUZTUR0
Euro Stoxx Banks - RoadmapFollowup as indicator. Good signals. Above previous dips. Momentum building. 3 years resistance line ahead. Stay calm and happy trades. by VisionZ_OGUZTUR0
EU BANKS| DOWNTREND | CHOP AHEAD | A solvency crisis incoming?Short chart idea about EU banks. Expecting choppy times ahead. Currently, at the bottom of the downtrend. I do not think that the worst case scenario is likely, although can never underestimate the strength of a potential domino effect to a solvency crisis. You can see the probable bottoms from the labelled array of trend lines. Intuitively, you can observe, that stimulus has kept banks alive. How long it'll last before stimulus becomes counter productive? The chart summarizes it all. -Step_ahead_ofthemarket ________________________________________________________________________________________ >>I do not share my ideas for the likes or the views. This channel is only dedicated to well-informed research and other noteworthy and interesting market stories.>> However, if you'd like to support me and get informed in the greatest of details , every thumbs up and follow is greatly appreciated! Disclosure: This is just an opinion, you decide what to do with your own money. For any further references or use of my content- contact me through any of my social media channels. DB still in a downtrend. by step_ahead_ofthemarket4
EUROSTOXXBANKS ut M ideaEUROSTOXXBANKS ut M idea "Well someone told me yesterday That when you throw your love away You act as if you just don't care You look as if you're going somewhere But I just can't convince myself I couldn't live with no one else And I can only play that part And sit and nurse my broken heart So lonely So lonely So lonely So lonely …"by thefrenchrocker3
EURO STOXX BANKS(D) Bearish Cypher AB=CD Weekly POIEURO STOXX BANKS(D) Bearish Cypher AB=CD Weekly POIShortby Skender104
Euro Bank Index | 7 Year Trendline BrokenEuropean bank index has broken a 7 year trendline that ECB has long defended. Result? Failure. Breaking 76.7 on the EuroStoxx will give full bears control. Our trade idea from last year: Shortby Trader61272
European Banking positioning for major declinesEuro interest rates are negative and the curve remains flat with no end in sight. This is destructive to net interest margin and the sustainability of European banks. Investors are stepping away from bank shares, having sold throughout 2018 and prices are back to 2009, 2012, and 2016 levels. European banks sector is now heading for a break to multi-year lows. Cycle bottoms are roughly 3.5 years apart. Mid-to-late 2019 marks the next bottom. Shortby MVedra0
FESB1! (Euro Bank Index) - 85% Cyclical Short Trade? *smh*How does a bank make money when real interest rates are negative? ***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISKShortby Trader6127113