Trade scenarios for EUR/USD, GBP/USD and USD/CAD based on key option levels.
Tag - eur
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…
We’ve got a “Flag” pattern, so bears are likely going to test the nearest support at 1.0551 – 1.0524 during the day.
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.
EUR/CAD broke support zone Next sell target - 1…
Looking back into the recent past The euro edged down to 1…
The outlook for the euro has darkened…
On the EUR/USD daily chart, the bears successfully attacked the bulls' strongholds located near 1…
US yields moved higher on Monday as increased geopolitical risks pushed investors to favor safe-haven assets…
We’ve got a new gap. Also, there’s a “V-Bottom”, so bulls are likely going to achieve the nearest support near the local downtrend.
Trade scenarios for EUR/USD, GBP/USD and USD/JPY based on key option levels.
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).