The major currency pair continues to ignore negative factors. The euro is following the S&P 500 that hits fresh all-time highs. How long will the rally continue? Let us discuss the Forex outlook and make up a EURUSD trading plan. Weekly euro fundamental forecast The fever, which has struck...
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I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for day traders. The euro has consolidated above Target Zone 2 [1.2032 –...
I welcome my readers! I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency. The three cryptocurrency pairs covered in the article have a similar market situation. The market should soon finish corrective movements,...
Main scenario: consider long positions from corrections above the level of 1.3286 with a target of 1.3700 – 1.3900. Alternative scenario: breakout and consolidation below the level of 1.3286 will allow the pair to continue declining to the levels of 1.2910 – 1.2679. Analysis: Daily time frame: presumably, the...
Main scenario: consider short positions from corrections below the level of 104.76 with a target of 102.50 – 101.11. Alternative scenario: breakout and consolidation above the level of 104.76 will allow the pair to continue rising to the levels of 106.39 – 107.36. Analysis: Daily time frame: presumably, a...
Main scenario: consider short positions from corrections below the level of 1900.15 with a target of 1718.57 – 1606.95. Alternative scenario: breakout and consolidation above the level of 1900.15 will allow the pair to continue rising to the levels of 1965.30 – 2014.94. Analysis: Daily time frame: presumably, the...
The greenback’s fast devaluation arouses outrage outside the USA Dozing at the bottom of a bottle, currency wars can become the main issue of 2021 – Darling, won’t you forget me? – Honey, I won’t even remember you! More than ten years have passed since Brazil’s Finance Minister Guido...
The Heikin-Ashi chart looks very similar to your usual Japanese candlesticks, which are an extremely popular and convenient technical analysis tool. However, Heiken-Ashi is calculated based on a unique formula, which is completely different from the standard one. Today, I’m going to tell you how the Heiken-Ashi bars work,...
I welcome my readers! I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I suggest entry signals to trade each cryptocurrency. The cryptocurrency market is trading flat. Let us explore the chart of each cryptocurrency pair in more detail. Elliott wave...
I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for day traders. Starting from today, there are new margin requirements for CME...