EURUSD cross pair long-term reversal happening in 2023
Are you ready for a major shift in the world of forex trading? Buckle up because the EURUSD cross-pair is gearing up as expected for a long-term reversal that could have huge implications for traders around the globe. According to experts, this upcoming trend change is set to take place in 2023 – but what...
EURUSD is reversing since October 2022 as expected
EURUSD has been reversing since October 2022, as expected. The EURO forex cross-pair has been dropping for months and started its reversal after hitting a very big timeframe long-term demand level. That is helping the EURUSD rally and stay above the parity level again. There is a lot of profit margin for the EURUSD to...
EURUSD technical analysis 2021 update
Both EURUSD and US Dollar Index #DXY had reached strong imbalances, as explained in a previous analysis last 12th January 2021. As expected, the EURO has dropped strongly from that strong imbalance in the monthly timeframe. The same is happening to the US Dollar Index but upside down, which is why most US dollar cross...
EURUSD technical analysis 2021
EURUSD’s technical analysis is no longer bullish. A strong supply imbalance on the monthly timeframe has taken control. Buying EURUSD smaller timeframes is suicidal in this scenario. A new year has started with EURUSD at a strong supply imbalance, where a decent bearish reaction is expected. EURUSD technical analysis using supply and demand imbalances is...
Trading Forex and Stocks during the US Elections 2020. The power of supply and demand imbalances
The outcome of the US presidential election 2020 is on a knife edge, with Donald Trump and his rival Joe Biden neck and neck in key swing states. As a Forex or Stock trader, you will probably be scared by the high volatility of the markets during the elections. As a supply and demand trader,...
EURUSD and Dollar Index analysis 2020
EURUSD and Dollar Index analysis 2020 updates. As explained in the previous EURUSD and Dollar Index #DXY analyses, we expect a bigger correction on the EURUSD and Dollar Index after such strong impulses. Going long on EURUSD and short on Dollar Index is not a good idea, given the strength of the bullish impulse on EURUSD and the bearish...
EURUSD is dropping, short bias in September 2020
As explained and forecasted for weeks, EURUSD is dropping as expected. We expect a bearish correction on the EURUSD Forex cross pair after such a strong bullish impulse on the monthly timeframe. There is a much lower monthly demand imbalance so we can think of long-term positions. EURUSD forex forecast and prediction Short positions will...
Expecting a bearish correction on EURUSD
Expecting a bearish correction on the EURUSD Forex cross pair after such a strong bullish impulse. There is a much lower weekly demand level where we can think of long positions. The Dollar Index DXY analysis is very similar to the EURO but inversely correlated. EURUSD forex forecast and prediction Short positions will be possible...
EURUSD forecast August 2020
As expected and mentioned in the previous EURUSD forecast, the EURO has broken the monthly highs, and it’s rallying much higher. Read the previous EURUSD forecast for a more detailed supply and demand technical analysis. EURUSD weekly uptrend. Bullish Forecast Monthly highs have been broken. EURUSD has a clear weekly uptrend after breaking all resistance,...
EURUSD forecast August 2020
As expected and mentioned in the previous EURUSD forecast, the EURO has broken the monthly highs, and it’s rallying much higher. Read the previous EURUSD forecast for a more detailed supply and demand technical analysis. EURUSD weekly uptrend. Bullish Forecast Monthly highs have been broken. EURUSD has a clear weekly uptrend after breaking all resistance,...
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