Avnish26's Blog

Avatar

EUR/USD MAY START UPTREND AGAIN

Recently published economic data of Euro Zone suggests ECB may not continue quantitative Easing beyond Dec 2017. So EUR/USD may start uptrend again.
TECHNICAL ANALYSIS: EUR/USD is in correction mode on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
  • EUR/USD is reaching near the middle level of Bollinger band.
  • CCI is falling.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

EUR/USD MAY REMAIN IN UPTREND

Recently published economic data of Eurozone is showing strength and growth in euro zone economy. GDP growth is above expectation so I expect ECB may not extend Quantitative easing beyond 2017. And so EUR/USD may rise to new levels.
TECHNICAL ANALYSIS: EUR/USD is consolidating on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
[list][/list]…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

EUR/USD MAY REMAIN IN UPTREND

Recently published economic data of Eurozone is showing strength and growth in euro zone economy. GDP growth is above expectation so I expect ECB may not extend Quantitative easing beyond 2017. And so EUR/USD may rise to new levels.
TECHNICAL ANALYSIS: EUR/USD is consolidating on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
[list][/list]…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

TECHNICAL OUTLOOK ON EUR/USD

EUR/USD is in uptrend. Recently published economic data shows further economic growth. And all negative factors have been factored in EUR/USD so there is possibility of further growth.
TECHNICAL ANALYSIS: EUR/USD is in uptrend on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
  • EUR/USD is near the upper level of Bollinger band.
  • ADX is rising.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
Avnish26 avatar
Avnish26 24 Aug.

EUR/USD haven't seen a big correction as US Dollar has got week. Now I expect USD to get strong and EUR/USD to get correct before next rally. So I am hopeful it will reach my target.

oderum Kommentare zu hinterlassen
Avatar

EUR/USD MAY REMAIN SIDEWAYS.

I expect EUR/USD to remain sideways for some time, as French Presidential election have factored in by market and recently published economic data of UNITED STATES is showing some slowdown in US economy.
TECHNICAL ANALYSIS: EUR/USD is in sideways trend on weekly and in uptrend on monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART: EUR/USD is in sideways trend on weekly chart.
[list][/list]…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

EUR/USD POSSIBILITY OF RETRACEMENT

EUR/USD is in uptrend on weekly and monthly chart. As France Presidential elections are over and pro European Candidate has won.
Recently published economic data is also showing some good signs of economic strength.
TECHNICAL ANALYSIS: GBP/JPY is in uptrend trend on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, COMMODITY CHANNEL INDEX CCI, MACD, FIBONACCI RETRACEMENT.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
  • EUR/USD is at the upper end of Bollinger band.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

EUR/USD MAY CONTINUE DOWNTREND

Euro zone will be facing important political elections this year. And first will be French presidential elections in May. If Li Pen wins that may cause political and economical turmoil in Euro zone. And euro will face volatility.
Technical Analysis: EUR/USD is in downtrend on weekly and monthly chart.
TOOLS USED: BOLLINGER BAND, ADX, Commodity Channel Index, MACD.
WEEKLY CHART:
  • EUR/USD is near the lower end of Bollinger Bands.
  • ADX is rising.
  • CCI is Falling.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

EUR/USD TECHNICAL OUTLOOK

EUR
Fundamental: The European Central Bank held its benchmark refinancing rate at 0 percent for the eighth straight time and left the pace of its bond-purchases unchanged on January 19th, as widely expected. Policymakers confirmed the monthly asset purchases will run at the current monthly pace of €80 billion until March, and from April, they are intended to continue at a monthly pace of €60 billion until the end of the year.
USD
Fundamental:
[list][/list]…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
Elens94 avatar
Elens94 24 Jan.

good

oderum Kommentare zu hinterlassen