EXY trade ideas
Euro Currency Index (EXY) will lose its power in future!!!Euro Currency Index seems that it will lose some power against other currencies during next weeks.
April and May will be very important for EXY.
Technical Analysis details:
-I observed a divergence on weekly chart which can start a new bearish trend.
-Stoch gives some bearish signals for future.
-Wave Trend Analysis gives some signals that we are at the top of weekly trend.
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Berk
EXY SELL SETUPnot a trade call.
Be wary of how this drop on exy can affect euro pairs. We have divergence present as well. My favorite setup here again. Very confident on this sell with a flag formation.
Bearish EXYBased on the Euro index, euro made lower high and lower low suggesting more bearish movement to the downside and probably reaching 120.0 by the end of this week.
Euro (EXY) Looks like it's hitting resistanceThe Euro Index looks like it is hitting resistance and wants to fall to support zones.
Long opportunity on Daily EXY observedHello Traders,
Lobg opportunity for EXY.
I will be honored for your reflections on my analysis.
R:R approx 1 to 2.5+ and 1 to 3.5+
for conservative and aggressive approach respectively.
Thank you.
Opportunities for Euro.Long bias for the Euro after an inverse head and shoulders formed in consolidation zone, rejection of 50 SMMA, and possible continuation of the bullish trend.
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Thank you.
euro index bullishprice has been in an upward trend. we could see price respect this rising trend. if it breaks next support is around 114-115, before another bullish move to the up side
EUR Index to drop upto 0.5% this eveningIm in Shorts on ECHF, EN & EJ because they were good set-ups and I am hoping this will happen.
Currency Indexes are an excellent tool to gauge currency movements if you chart them as well.
Head and Shoulders and AB=CD to finisfh the patternFollow the pink line, and star selling when lady line touch the yellow one.... that means not yet
EXY Bearish MomentumAfter a clear Head and Shoulders breakout, the price is coming back to the previous support now converted in a resistance. The expectation is to push the price in order to find new Low Lows.
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Constructive Critics are well received.
*I appreciate your feedback.
Thank you.
possible flag formation if it breaks to up side this will make pairs with this currency more bullish for the coming week
How far up will the Euro goAfter a strong and consistent upward move which we experienced during the past weeks, we at astute financials decides to look critically at the EXY to know how far up this currency will actually go.
According to the chart attached, you would see that a clear labelling shows that in the long term, the currency has still not completed its upward wave C correctional movement. Wave 3 of C has completed, a wave which actually subdivided into smaller complete 5 waves was seen.
Presently we are expecting the currency to retrace downward so as to complete the 4th correctional wave of C before we resume the downward trend on this currency.
We would advise a sell position for now. Unless the previous high is breached.
