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The lira collapse caused a turmoil on all high yield currencies and in the stock market while , greenback , Swiss franc and Japanese Yen went good ( very good) . In the next week shouldn't to be an inversion of this trend ( also if a slowdown is natural ) because the political reasons of this plunge remaining on the ground .
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EURtry
The EURTRY went up by 30 % in a month! It 's useless say that is in overbought ( RSI to 84 and CCI to 223) more interesting is take a look at the daily candle that at the moment show an upper shadow line , if will close in this way could to be a first signal of a correction In this case the pair will give up part of the latest gain , with the R2 level , provided by the Woodie pivot point , that could to be an interesting target for Oct .
The high yield currencies...
The high yield currencies suffered a lot this week , that it isn't over yet , ruble(-6% in a week) and lira(-15% in a week) had loss very heavy , after to be hit by the US sanctions . For a trader is very hard foresee such movement dependent by the politic mood so , the only thing that can do is stay away from these currencies ( at least in turbulence period )
Rocket Of The Forex market
This is One Of best and fast Currency mover pair in Forex Market ,every day It has 1000-2000 or above market movement,But it has lowest spread ,also it swap low ,so Forex trader select this pair For live or Demo trading for Quick earning Last few month it was upside due to weak TRY and following USDTRY But now we can expect Reversal From EURTRY and It will be Downtrend mode ,so I think sell is the safe and best For us for During Contest period.
Predict Currency pair: EURTRY
Time Frame:1M
Indicat…
Predict Currency pair: EURTRY
Time Frame:1M
Indicat…
Czekamy.
Czekam na eurtry, aż spadnie i ładuje się na jakieś 2/3 dni. Przy okazji gram m30, h1, h4 na eurusd.
EURtry
The EURTRY endless rally seems at a key point , it is already 2 months that is below the resistance placed to 5.5 while some important indicators begin to turn in negative ( CCI and RSI )
At this points a real correction could hit the pair , in this case , considering the overbought situation of long period , it will occur a deep fall . So the S3 support provided by the Woodie pivot point should to be a valid target for Sept .
At this points a real correction could hit the pair , in this case , considering the overbought situation of long period , it will occur a deep fall . So the S3 support provided by the Woodie pivot point should to be a valid target for Sept .
Rocket Of The Forex market
This is One Of best and fast Currency mover pair in Forex Market ,every day It has 1000-2000 or above market movement,But it has lowest spread ,also it swap low ,so Forex trader select this pair For live or Demo trading for Quick earning Last few month it was upside due to weak TRY and following USDTRY But now we can expect Reversal From EURTRY and It will be Downtrend mode ,so I think sell is the safe and best For us for During Contest period.
Predict Currency pair: EURTRY
Time Frame:1M
Indicat…
Predict Currency pair: EURTRY
Time Frame:1M
Indicat…
EURTRY
The EURTRY , after the peak reached in May appear in a phase of correction ( look at the bearish channel ) with the CCI oscillator that is to -69 at the moment
Also the MACD confirm the current weakness moment , with the HIST that is negative (-0.0215) . The Woodie pivot point should provide valid levels for find target in the days ahead , in particular the S1 level appear the ideal for August, such level is placed to -8 % from the EURTRY 's current level
Also the MACD confirm the current weakness moment , with the HIST that is negative (-0.0215) . The Woodie pivot point should provide valid levels for find target in the days ahead , in particular the S1 level appear the ideal for August, such level is placed to -8 % from the EURTRY 's current level
In this moment ...
In this moment the Canadian dollar is suffering cause by oil price and, considering the fundamental reasons on the backdrop of the oil plunge , place some orders vs the Cad shouldn't so stupid ( CADJPY or EURCAD in particular) . However in my view the main event this week on the currencies market will be the interest rate decision by TCMB ( Turkish central bank) that could cause a turmoil on the TRY .
Rocket Of The Forex market
This is One Of best and fast Currency mover pair in Forex Market ,every day It has 1000-2000 or above market movement,But it has lowest spread ,also it swap low ,so Forex trader select this pair For live or Demo trading for Quick earning Last few month it was upside due to weak TRY and following USDTRY But now we can expect Reversal From EURTRY and It will be Downtrend mode ,so I think sell is the safe and best For us for During Contest period.
Predict Currency pair: EURTRY
Time Frame:1M
Indicat…
Predict Currency pair: EURTRY
Time Frame:1M
Indicat…