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EUR/USD por debajo de 1.19700 antes del FOMC terminara de tocar los 1.1900 antes de un próximo rebote
Blog de la Communauté FX
Brussels does not exclude Brexit without agreement
The EU negotiator has said he does not want an exit without agreement, but is prepared if it happens. The bloc had already given the UK two weeks to make concessions in the negotiations so that it could begin to discuss the commercial relations between the two parties.
Negotiations remain stalled, given the differences between the two sides on priority EU issues such as Brexit's bill, EU citizens' rights and the Irish border issue. Barnier said in the interview that it is vital that the UK incre…
Negotiations remain stalled, given the differences between the two sides on priority EU issues such as Brexit's bill, EU citizens' rights and the Irish border issue. Barnier said in the interview that it is vital that the UK incre…
Time to travel
Hello my dear community members! Do you like travelling? As for me, I love it...but there is one problem I was just in 2 countries, it is Bulgaria and Poland. When I was study in school our class had an excursion to Bulgaria, we were there for 3 days. I don't remember all details bcz I was about 13teen years old. And no so long ago I was in Poland - Warsaw. I just made shengen visa and decided to visit it on weekends. Now I have a huge plan. On the next week I will go to embassy of Poland and …
EUR/USD Bullish trend next month
Weekly Chart:
FIBPIVOT
RSI
MACD
Monthly Chart:
FIBPIVOT
RSI
MACD
FIBPIVOT
RSI
MACD
Monthly Chart:
FIBPIVOT
RSI
MACD
Multiple Years Range Remains Unbroken
The 5 years long range in the EUR/PLN is still in play. Since the start of 2011 this pair has moved without a clear trend or direction. We opened 2012 at 4.4464 and we're currently quoted at 4.1782. This is around 6 percent, a negligible price difference for several years of trading in the forex market. Most currency pairs moved that much in a two-three months.
If that doesn't convince you of the mean reverting nature of this pair then take a look at the blue line in the chart above. This is the…
If that doesn't convince you of the mean reverting nature of this pair then take a look at the blue line in the chart above. This is the…
EURo Nearing Cluster of Previous Resistance Levels
The Euro is slowly becoming overbought. Look at the weekly chart below. We are already trading past the 80 level on the Stochastic Oscillator, a level which signifies an overbought market condition. But that on it's own shouldn't be traded upon.
Exhibit number two is the second picture below. We are nearing a cluster of previous resistance levels, starting from this month's high at 1.1268 to the 1.1302 spike on Trump election day. Higher up more levels can be found at 1.1370, 1.1428 and of cours…
Exhibit number two is the second picture below. We are nearing a cluster of previous resistance levels, starting from this month's high at 1.1268 to the 1.1302 spike on Trump election day. Higher up more levels can be found at 1.1370, 1.1428 and of cours…
Will Brexit Trigger Exodus of Banks From London?:
Will Brexit Trigger Exodus of Banks From London?:London has flourished as a financial center for decades in part because global banks, from offices around the bustling City of London district, could sell their services freely around the European Union’s 28-nation trading bloc. Now that British voters have decided to leave the EU — the complicated international divorce known as Brexit — the city’s status as a banking hub is under threat. If U.K. firms lose easy access to Europe’s $19 trillion eco…
Is Italy unfit for the Eurozone?
Italy’s economic performance since it joined the Eurozone has been dismal. GDP per capita of Italy is now lower than at the start of the Eurozone in 1999. This means that the Italian population as a whole is now poorer than when the country joined the Eurozone.The contrast with the evolution of per capita GDP of the euro area as a whole is a stark one. The other countries of the Eurozone saw their GDP per capita increase of 15% since 1999. In other words, they have become richer by 15%. Not terr…
EUR/SEK Sticks Within Its Range
The EUR/SEK is still within its long-term range (See chart below). Aside from a brief excursion during the Trump election, the rest of the time the pair is all contained.
On the lower time-frames we see a similar picture. Look at the 4 Hour chart below and all those zig-zags. Prices has been moving aimlessly this month, struggling to find direction.
With both charts saying more of the same (range) I'm inclined to bet on prices staying near the current market price of 9.6445.
On the lower time-frames we see a similar picture. Look at the 4 Hour chart below and all those zig-zags. Prices has been moving aimlessly this month, struggling to find direction.
With both charts saying more of the same (range) I'm inclined to bet on prices staying near the current market price of 9.6445.
