Tag - eur

Morning brief for April 11
Morning brief for April 11

As Steven Tyler’s (Aerosmith) “there’s something wrong with the world today; the light bulb’s getting dimmed; there’s meltdown in the sky” perfectly describes the political and economic environment in which traders have to operate nowadays…

EUR/USD: bearish
EUR/USD: bearish "Flag"

We’ve got a “Flag” pattern, so bears are likely going to test the nearest support at 1.0551 – 1.0524 during the day.

EUR/USD: under pressure of Tenkan and Kijun
EUR/USD: under pressure of Tenkan and Kijun

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are under the resistance of Tenkan-sen and Kijun-sen.

Morning brief for April 10
Morning brief for April 10

US yields moved higher on Monday as increased geopolitical risks pushed investors to favor safe-haven assets…

EUR/USD: wave (iii) started
EUR/USD: wave (iii) started

We’ve got a zigzag in wave 2, so bears have delivered wave (i), so there’s an opportunity to have an impulse in wave (iii).

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