EUR50EUR Long Pivot: 4280.00 Our preference: long positions above 4280.00 with targets at 4341.00 & 4358.00 in extension. Alternative scenario: below 4280.00 look for further downside with 4257.00 & 4237.00 as targets. Comment: the RSI is bullish and calls for further advanceLongby Daniel_Thompson1
EURO50 ShortPivot: 4275.00 Our preference: short positions below 4275.00 with targets at 4247.00 & 4220.00 in extension. Alternative scenario: above 4275.00 look for further upside with 4290.00 & 4315.00 as targets. Comment: the upward potential is likely to be limited by the resistance at 4275.00.Shortby Daniel_Thompson1
Breakout RetracedWe've seen an outbreak from the mid July range. Today's upward retracement has built a new bear flag. Dtarting from this retracement level we could see new lower prices now. Shortby motleifaulUpdated 1
EURO50 Long Pivot: 4294.00 Our preference: long positions above 4294.00 with targets at 4349.00 & 4372.00 in extension. Alternative scenario: below 4294.00 look for further downside with 4275.00 & 4240.00 as targets. Comment: the RSI lacks downward momentum.Longby Daniel_Thompson1
SupportedWe have reached a sufficiently old support/resistance level now. As the trend is still bullish we may consider this as a fulfilled correction with renewed upward potential. We are still trading in a range so no vast profit is expected but the support seems to important to me to miss the opportunity of a rebound.Longby motleifaulUpdated 0
EURO50 Short Pivot: 4405.00 Our preference: short positions below 4405.00 with targets at 4270.00 & 4219.00 in extension. Alternative scenario: above 4405.00 look for further upside with 4430.00 & 4457.00 as targets. Comment: as long as the resistance at 4405.00 is not surpassed, the risk of the break below 4270.00 remains high.Shortby Daniel_Thompson2
Growing PressureI see yesterday's spike up as growing pressure to the upside. That's why I am using the intraday correction towards the former trading channel as a chance to take part in the expected continuation of the rise.Longby motleifaulUpdated 0
European Stocks falls📉 - Whats next?Hi Traders, the EU50 lost over 3,5% within the last 2 days. Is this only the first drop before big selloff 📉📉? Or a normal consildation? Which zones are important? If we look at the Chart the longterm Uptrend is still valid. So for now it looks like its a normal consolidation. Important Zones are: Support: Zone between 4350 and 4300 Resistance: 4500 Also the EMA200 is still moving upwards and the market is right at this zone building a possible reversal (bullish Engulfing). So there is a possible long trade option. Wish you maximum success! Michael - tegasFXby tegasFX1
STOXX50 ready for its next upside to 5,041Since our last trade analysis, STOXX50 reached our target at 4,370 from the W Formation pattern that broke up and out of. Today, we have our confirmation of another bullish pattern for upside, the Box Formation. The price has broken up and above the pattern and we have upward momentum indicators confirming upside to come including: 7>21>200 - Bullish RSI>50 Target 1 will be to 5,041 ABOUT THE INDEX STOXX 50: The STOXX 50 is a stock index that represents 50 of the largest and most liquid stocks across 18 European countries. It is one of the most widely followed European equity indices. Blue-chip companies: The index comprises blue-chip companies from various industries, including banking, technology, healthcare, energy, and consumer goods. Diverse countries: The STOXX 50 includes companies from major European economies, such as Germany, France, Switzerland, the Netherlands, Spain, and others. Historical performance: The index was launched in February 1998 with a base value of 1,000 points. Longby Timonrosso1
ESXEUR (EU Stocks 50 Index) - in Bullish TrendESXEUR (EU Stocks 50 Index) is in bullish trend as it is making Higher Highs and Higher Lows in 1H timeframe.Longby QaiserDogarUpdated 0
Perspective in EuropeI will just sit back and watch this play out. Will post updates if anything significant shows up. The drawings are just for posterity.Longby UnknownUnicorn903284Updated 3
#Eurostoxx50 #STOXX50 D1 Ending Diagonal PlayIn this update we review the recent price action in the Eurostoxx50 and identify the next high probability trading opportunity and price objectives to target *Past performance not indicative of future results01:25by Tickmill3
BIGGEST CRASH IS COMING Not financially advice about this. Global depression is coming near and the recession will be a lot worse than 2008. USA reached new all time high debt; the economy won’t approve this. Overall inflation is slowing dropping but the economy globally isn’t in a good shape about this. by JoyBoyVegae1
$EUR50 - Recession - Eurozone OANDA:EU50EUR is officially in Recession due to two consecutive negative quarters in a row. The Euro-Zone entered a Recession in the first quarter of this year and economists are not optimistic for the coming months. Having said that, its Index OANDA:EU50EUR continues to hold its head up high, but the question is, how much longer will it maintain to do so ? Will the situation get better for Europe or domino effect has just gotten started ? TRADE SAFE *** NOTE that this is not Financial Advice ! Please do your own research and consult your Financial Advisor before partaking on any trading activity based solely on this Idea .by Mr_J__fxUpdated 3
RIP EuropaYou wanted diversity. You wanted more females in positions of power. Now you got this. RIP EuropaShortby Bitbreather4
EU50 get ready for a shorthigh chance to see an ending diagonal , wait for the lower trend channel to break EShortby Analyticssage110
Triple TopUnexpected to me we have reached the double top again. Even if the market will decide to overcome this hard resistance I expect the index to make a downward correction first.Shortby motleifaulUpdated 1
Dark cloud cover in EU50EURTrade Idea: Selling EU50EUR Reasoning: • Weekly – Consecutive hanging man candles (Bearish) • Daily – Bearish dark cloud cover after Fridays break higher (Bearish) • 4hr – Bearish outside candle at Ichimoku Cloud resistance • 1hr – Testing Ichimoku cloud support (Neutral/Bullish) Entry Level: 4285.7 Take Profit Level: 4212.8 Stop Loss: 4310.9 Risk/Reward: 2.89:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Shortby Signal_Centre7
EURO STOXX 50 Hits 2-month LowDuring the first 3 days of this week, the price of EURO STOXX 50 (SX5E) has fallen by more than 3%. This was facilitated by: → lower oil prices on the eve of the OPEC+ meeting scheduled for June 4. The Saudi oil minister urged market speculators to "be careful”; → uncertainty about the US debt ceiling. While a deal has been tentatively reached, it has yet to be officially approved by the Senate. There are only a few hours left; → reduced shares of European companies producing luxury goods due to falling demand; → disappointing data from China (we wrote about it yesterday), with which Europe is actively trading. After conducting a technical analysis of the EURO STOXX 50 chart, we can assume that the decline may slow down, because: → SX5E price action shows that the 4,222 level, which served as an important resistance in March, now seems to be working as support; → support can also be provided by the lower line of the local downlink (shown in red). → the lower line of the long-term ascending channel (shown in blue) can give confidence to the bulls. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen11
Joe G2H - Selling EU50Trade Idea: Selling EU50 Reasoning: Double top completed on the daily chart. Lower prices expected. Entry Level: 4253.5 Take Profit Level: 4205 Stop Loss: 4275 Risk/Reward: 2.3/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.Shortby Signal_Centre6
EURO STOXX 50 VS FTSE 100A clear correlation between Euro Stoxx 50 - Ftse 100 ratio, and the EUR/GBP exchange rate. I believe we will see European equities outperforming until January 2024, and the pound getting stronger, reaching 1.4 to 1.5 level versus the euro. From a macro perspective, the UK is in a harder corner as inflation is clearly more elevated, but this will also force UK rates to stay higher for longer, ( policy rate as well as bond rates ) thus more money will flow in, searching for higher yields.Shortby Panos225
Equities opened lower in Europe on Tuesday EUROPEAN STOCKS Equities opened lower in Europe on Tuesday, extending losses registered overnight in Asia, as fear and uncertainty grow in investors’ minds. Bearish sentiment is prevailing on stocks with Treasury yields taking off as risk appetite continues to plummet amid the lack of a US debt ceiling deal, despite another full day of discussions yesterday. Fear is growing too as the deadline for an extension of the debt ceiling is fast approaching, and the prospect of a payment default from the US becomes more and more real, which is further denting market sentiment. Elsewhere, investors will be keeping an eye on US data today with Building Permits, PMI Services and New Home Sales all expected to show declines compared to last month. All EU benchmarks are currently in red territory today, with all sectors down with the worst performances coming from Consumer Cyclicals, Utilities and Healthcare. The STOXX-50 Index is now trading below its first support under 4,375pts, with 4,352pts now in sight. Pierre Veyret, Head of French Markets & Global Asset Technical Analyst, ActivTrades by ActivTrades5