Vaporwave motors with a less realistic business plan than Aladin
Reasons: technicals, US elections, trend, nice entry and one more thing.
Prediction: EURUSD will finish the day at -0.1% to +0.75%.
This company is a joke for a while. Take a look at the fundamentals, what it's built on, what technology it has (there is None), its financials and reputation. The only value the company has is its brand, but from a good brand in some people eyes (for no good reason, just hogwash) (I've never seen it as a good brand personally) it has already started to turn...
My opinion on the eurusd direction for this week.
EURUSD is looking bearish, that makes EURJPY pair look kind of bearish. Furthermore, the trend is going down and has not revealed to me any signs why tomorrow it shouldn't do the same. There is a pullback now and it looks approximately done so I think this is a good short term shorting opportunity. Thanks for reading.
reed the comments or look at the data to see the expectations were accurate or not. www.forextime.com If you know a faster economic calendar please do leave a link in the comment section.
The GBP had a 1.5%-1.8% rally today and it needs to retrace if it want's to keep up this upmove. Euro on the other hand has been going down (fx eurusd) and is looking like a potential long especially if the us unemployment is worse than expected. Currently I am expecting just a pullback to 0.236 fib level. Technically: The price is at a support level. And if you...
Further us dollar correction taking place.
I expect that today the dollar will rally and thus audusd drop. And technically there is some resistance at this point which will likely slow this thing down.
GBPUSD recently dropped some ~1.5% while eurusd stayed still (my todays eurusd bias: short), so I expect the euro to be more bearish than the pound as the pound has already dropped. So my bias of the day for eurusd is short.
I expect this pair to pullback on its pullback and later continue up for a little while and consecutively reverse. As this bias goes against the trend my positioning will be rather little.
This is my bias for approxi m ately the next 24 Hours . Main idea is that usd pullback will in my opinion continue to take its place + (a bit minor) commodities are going up and are likely to continue for a while (nice trend at the crude oil, ( though gold isn't doing well) ). Technically An overall uptrend and support is right below the exchange rate.
For this idea the main points are the same as those for my last couple of ideas , except that nzd has released less of its potential than aud and cad against the usd. And I think that the commodities still have some room to continue their pullback. In short I think that usd will further pull back.
[i ]EURAUD didn't let the audusd to rally as it went up a lot but now idepreciate nowt wiat-leastciate now or at-least not rally much more. That would let audusd to continue its rally and potentially to make those double bottom patterns complete. So yes, generally I think that DXY (USDOLLAR INDEX) will pullback some more and that commodities are likely to do...
My EURUSD Bias remains bullish on larger pullback continuation. If I decide to abandon this bias I will post a comment about it below. Yellow areas represent the buying of eurusd (accumulation). USD didn't rally much on the recent good news for it, that indicates that there were large players using the downside pressure to buy the eurusd. USDOLLAR INDEX HAS...