💶EUR/USD Euro is growing in strength 💶The euro is showing signs of strength in the current week. Is a correction in the downtrend getting ready? 💶Looking at the Unemployment rate in the Eurozone, it stands at 6.6%, the lowest on record. 💶Inflation is already close to 10% and on the 31st when there will be a flash year-on-year reading it is forecast to be...
NZD/JPY Kiwi rallies to break out. 🇳🇿 The NZD has been in a downtrend with a number of currencies for some time, on the chart with the yen we can see the accumulation since March this year. 🇳🇿 Looking at the data coming out of the economy. 🇳🇿 Unemployment one of the lowest on record at 3.3% 🇳🇿 Inflation at 7.2% Not the worst. We can see that it has been...
💶EUR/USD where the correction will end. 💶Following up on my last post in which I wrote about the trend reversal on the eur/usd pair to an uptrend 👇👇👇 💶After a beautiful breakout to 1.008 levels and above parity. 💶We have again dropped below parity and in this post we will look at where we can see the correction ending. 💶Looking at the price action,...
🇩🇪 DAX Prepare to rally higher 🇩🇪 Referring to my last post on dax 👇👇👇 🇩🇪 We are in a very interesting place where an upside breakout formation could take place. 🇩🇪After making a correction yesterday. At the opening of the session today, the dax index showed strength and a desire to continue the uptrend. 🇩🇪 If today's breakout occurs, the way is open to the...
💶💷EUR/GBP fall season 💶💷Quick play 💶💷A play to continue the trend and reach the 1:1 range of the last downward wave in the trend. 💶💷Breaking out at current levels. 💶💷Stop order above today's downtrend candle 💶💷Take profit at 0.8492 i.e. 1:1 fall wave. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow...
🪙GOLD Continuation of declines 🪙Quick play 🪙Gold has been in a downtrend for some time now 🪙Gold has been in a sideways trend for a few days now 🪙There is a high probability of declines to the 1643 levels of the cluster 2 fibo levels 0.236 and 0.786 measuring the largest upward wave and correction 🪙Taking entry now at 1657 level Stop is set at 1667...
💰Observing the current correction on bitcoin it immediately crossed my mind to write a post that is a direct continuation of yesterday's post 👇👇👇 💰In a nutshell, I would like to introduce you to an interesting support zone to which, if we were to rally, it would be worth watching bitcoin's behaviour closely at this point in order to try and connect to the...
💵NZDU/USD Time for a correction 💵Quick play 💵Quick play to make a correction in the medium-term uptrend after the double top breakout on the hourly interval 💵Input at current level 💵Stop order above double top 💵Take profit at 0.57334 which is the 0.382 fibo of the upward impulse wave 🚀If you appreciate my work and effort put into this post I encourage you...
💶💴EUR/JPY The rally is not over yet. 💶Euro is showing signs of strength in the current week. 💶 Looking at the Unemployment rate in the Eurozone, it stands at 6.6%, the lowest on record. 💶Inflation is already close to 10% and on the 31st when the flash year-on-year reading is forecast to be 10.1% 💶Interest rates have been raised by 75 basis points and the...
💲XRP silence before the breakout 💲Over the past few days we have seen cryptocurrencies wake up from accumulation and we have seen most of them break out beautifully. Breaking through local resistance lines. 💲On XRP, the situation is a little different 💲The start of the breakout occurred on 7 September from levels of 0.32 to 0.56 within 2 weeks. The range of...
CAD/JPY Will we go higher or is this already a peak? 🍁Unemployment remaining low at 5.2%. 🍁Inflation slowly slowing The latest reading on 19 October indicated 6.9% which, compared to the peak of 8.1% recorded in June, offers a breath of optimism. 🍁Interest rates definitely higher than in the EU. At 3.25%. With the next rate hike due on 10 October, the market...
💸 Having been watching Bitcoin for the past 2 weeks, I am beginning to change my attitude about this cryptocurrency. 💸 Hour by hour I am starting to lean more and more in favor of a downward scenario. 💸 As recently as last week I thought that a breakout would be possible for days, unfortunately, the neagitive sentiment has taken hold and Bitcoin, imitating the...
💶EUR/CAD Time to fall. Long-term in-depth analysis. 💶The Euro situation does not look very interesting. 💶The market consensus is that economic growth in the euro area will slow down. 💶The situation is saved by the low unemployment rate of 6.6%. I would add that this is the lowest unemployment rate ever recorded. 💶Unfortunately, the situation in the...
💱 In the current comprehensive analysis, I would like to draw your attention to the GBP/NZD pair which has caught my attention in recent days. 💱 In the posted post, we can observe eight charts showing the time range from 8 months to 22 minutes (it has been divided from 8 months into four i.e. each subsequent chart-timeframe is four times smaller. 💱 Looking...
💶 EUR/USD Feels Bearish 💵 💶 The current situation on the financial markets is such that everyone is aware that a recession is coming, but no one can say how big it will be and what its nature will be. 💶 Most Central Banks are ready to raise rates to prevent prevailing inflation. 💶 It is worth bearing in mind that a significant part of inflation is energy...
💶Eur/💷Gbp analysis Eur/Gbp analysis 🚀In recent days, we have seen a massive purchase of the British pound following a speculative attack on this currency. 🚀It seems that the Euro has lost significantly compared to the British Pound. The price of the Eur/Gbp was pulled back to the levels before the massive breakout, which could be caused by the interference of...
FOMO, What is FOMO? Fear of missing out (FOMO) is the feeling of apprehension that one is either not in the know or missing out on information, events, experiences, or life decisions that could make one's life better. FOMO is also associated with a fear of regret, which may lead to concerns that one might miss an opportunity for social interaction, a novel...
🍁 USD/CAD continuation of the uptrend? 🍁 💵 Last week in the financial markets began with a relapse into positive sentiment but by the end we were back to square one. 💵 The FED, which is fighting the highest inflation in 40 years, has a tough task. 💵 Given the key event that took place in the US economy - non-farm payrolls. From which it follows that more...