EUR/USD Technical analysis The technical outlook for EUR/USD depends on the timeframe being considered. In the short term, the pair may experience some volatility as traders respond to changes in market sentiment and economic data releases – we may see a very fast move towards 1.1180 1.1230 resistance and even to 1.1340 -1.1370 when the pair break above 1.1090 on…
US Dollar analysis Dollar index: After reaching a low point in early January we see recovery buds, will they continue or is it just preparation for another move down In December last year I post this: is the dollar about to make a U-turn or is this just the beginning I recommend you read this post because there are goals for…
Forex Technical Analysis The U.S. Dollar stays very vulnerable and struggled for lower numbers against a basket of major currencies As optimism increased demand for risk assets and by a positive movement toward a coronavirus vaccine US dollar index (DXY) close to dropped to 30-month low trading at $91.10, which is close to its lowest level since May 2018. The US…
forex technical analysis The U.S. Dollar trading lower against a basket of major currencies As optimism increased demand for risk assets and by a positive movement toward a coronavirus vaccine and the European Union is passing of a massive stimulus US dollar index (DXY) dropped to 18-month low trading at $95.11, which is close to its lowest level since January…
Gaps Markets closed, what the next move Will the debt of 100 points in the markets close this week, or after French elections? gaps markets it took some time but the gaps filled : Dax 30 price gap CAC 40 price gap let’s consider statistics for a moment. We believe that a hit rate of 70 percent is the ideal goal when…
Will the Gap in the markets close The recent elections in France caused the markets to leap sharply and leave behind open price gaps, Will this gap be closed in French presidential election second round vote on 7.5.207The results of the first round of the French presidential elections met expectations. Emanuel Makron, the center’s candidate, came in first with 24…
