A strong monthly imbalance gained control of EURUSD last month at around 1.0654. As explained in previous EURUSD forex cross pair analyses, we had a strong bearish bias, but once a strong imbalance on a big timeframe like the monthly takes control, going short in smaller timeframes is not allowed and is suicidal. Euro Dollar...
European major currencies, such as the Euro and British Pound, outperformed the US Dollar on Friday. I happened to read that the US dollar has been on a climb amid the outbreak of the coronavirus, which is threatening global growth. According to preliminary estimates for February, the United States was thrown into the spotlight after...
What is EURUSD Forex cross-pair forecast-based supply and demand technical analysis? Well, as discussed in the previous video technical analysis, we have a clear long-term short bias on EURUSD Forex cross pair creating and respecting bigger timeframe supply levels and imbalances and eliminating obstacles in the form of demand imbalances. EURUSD Forex Cross Pair Forecast...
EURUSD Forex cross-pair supply and technical demand analysis is telling us that only shorts are allowed at new supply zones. The weekly timeframe is in a clear downtrend, with new weekly supply imbalances being created and respected and demand imbalances eliminated. EURUSD Forex cross pair forecast There is a lot of room for the price...