MehranIRTR

MehranIRTR Updated 

Hello This week, there is a possibility of an increase in the interest rate of the dollar. Given that inflation expectations will increase in April, I expect the dollar to strengthen against the euro. My first target is the price of 1.05750, but I think that in the future the price will go beyond the floor formed on March 15. From the point of view of technical...

MehranIRTR Updated 

Hi everyone I think the downward trend is slowly coming to an end. In this exceptional position, there are 3 Harmonic patterns in the price range of 1.05750. One ABCD pattern and two large and small Deep Crab patterns. With successive interest rate increases by FED and ECB, these two currencies have a lot of competition. In the next week, important news will be...

MehranIRTR Updated 

Hello The euro is in a downward trend. Overall, I expect the dollar to strengthen further, but my guess is that a correction or pullback to the 1.06550 price range will occur. With a 0.25% interest rate hike last week, the Fed is looking at a contractionary economy and reduced liquidity, and this hike may be the end of the cycle. Inflation indices will also be...

MehranIRTR Updated 

Hello traders In the coming week, important economic news will be published, which have a red color in terms of importance. (You can check them out on the Forex Factory website). With the increase in the interest rate of the dollar, we saw its growth against other currencies. In my opinion, the market tends to equalize the value of the dollar and the euro. In...

MehranIRTR Updated 

I think the dollar has entered an expansion period with a 0.50-point increase in interest rates last week and the end of the dollar contraction. Investors will focus on US CPI figures in April, and if there is a sharp decline, my first target is 1.0745. Bonds are also issued this week. Inflation and inflation expectations have a declining effect on bond yields and...

MehranIRTR Updated 

I think the euro has reached a price floor. And by reaching the range of 1.1550, it has gathered the potential of an uptrend. Inflation in the euro area also reached 3.4 percent, and a comparison of GDP figures shows that the GDP growth of the euro area was higher than the dollar. In terms of technical analysis, prices have fallen below the weekly Ichimoku cloud....

MehranIRTR Updated 

Hi everyone I still think the EURUSD is bullish. Because the previous uptrend from 2020/11/04 to /2021/01/06 lasted 43 candlesticks and approximately 43 candlesticks have been modified. This means that the divergence of time has occurred. And buyers still dominate the market. I expect the price to rise to the range of 1.2070. Follow me and share your comments with me.

MehranIRTR Updated 

Hello traders The 1.2200 range is my second target in this uptrend. Because it is resistant to the level of 61.8 of the previous wave and the Como cloud. I expect to climb 140 pips. Follow me and share your comments with me.

MehranIRTR

LONG THEN SHRT

MehranIRTR

The dollar is likely to weaken over the weekend