Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: This is a long story and it is a continuation of a previous post https://www.mql5.com/en/blogs/post/736377 1. and 5...
The 4-hour right side is down against 3/08/2020 peak (1.1497) & shows a bearish sequence. 1 hour is turning down against 1.1020 high. Near-term, while bounces fail below 1.1020 high expect pair to extend lower. Short EURUSD @1.0950-1.1000 TP 1- 1.0850 Tp2- 1.0720...
The 4 hour right is down against 12/13/2019 peak (147.93) & shows a bearish sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower. Short GBPJPY @133.133.50 Target 1- 130...
First, a review of last week’s events: - EUR/USD. The Constitutional Court of Germany dealt a blow to the ECB's efforts to save the European economy last week...
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: 1. Plutus Reversal Short after a high volume downwave , SIs: 1.2 and4.5 (this is where I shorted, visible on chart). 2...
In the currency markets, the US dollar is down on the back of an untouched risk appetite, but the US treasuries remain in demand. The US 10-year yield remains capped near the 0.70% mark. The USDJPY attracted buyers near the 106-support, as the USDCHF reached the 200-day moving average (0.9785...
US and European equities closed Thursday’s session comfortably higher, and futures rose on prospects of business reopening, even though the White House stood against issuing specific guidelines on when and how to kick start the economic activity on fear that they could be too prescriptive, and fo...
Pivot (invalidation): 10600.00 Our preference Long positions above 10600.00 with targets at 10800.00 & 10980.00 in extension. Alternative scenario...