EUR / USD Trading Plan for February 5, 2020

The coronavirus epidemic in China continues to spread at a high rate: By Wednesday morning, there were already 24,000 infected (+ 20% from the previous report) and 490 dead (also + 20%). While the spread of the epidemic remains so… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

EURGBP close to a potential buy zone

EURGBP D1 | Our expectations: Broad consolidation and short-term decline, and the price near the bottom of consolidation and remains above a diagonal support. The DeM divergence (14) and the price / lower bottom of the price and higher bottom of the indicator / backed by DeM Sequential’s 9th give good reason to look for […]

EURNZD a possibility for short positions

EURNZD forex technical analysis | Our expectations: Break below the main diagonal of the upward trend and an active downward movement. Correction to 50% Fibonacci provides a good opportunity to look for short positions at 1.7180 with SL at 1.7380. Horizontal resistance levels and 50% Fibonacci dynamic resistance – negative for the pair. SMA50 under […]

EURJPY a signal for probable upcoming buy opportunity

EURJPY forex technical analysis | Our expectations: Broad consolidation and price in the bottom part of it. If you’ve tracked the EURJPY Consolidation Trading Strategy with RSI (8), it’s time to start looking for purchases. The RSI (8) has rotated below 30 and crossed over again, indicating an oversold zone and opportunity for purchases. The […]

A new TRY appreciation remains under question

EURTRY reached levels of serious support from 200SMA and after bouncing off it there is a breakout of the main diagonal of the mid-term downward trend in the pair. This creates the possibility of short-term consolidation around these levels and supports the scenario of a further depreciation of the Turkish lira. Technical DeM (14) reverses […]

EURNZD a possibility for new short positions

EURNZD forex technical analysis | Our expectations: A downward trend like a flag breakout allows us to look for new short positions with SL 1.6806. Price below moving averages SMA50 and SMA200 in bearish formation. Possibility for Three black crows formation – a trend confirming pattern- a negative signal. DeM (14) is likely to go […]

EURRUB Increased volatility and a probable start of a retracement

Forex | EURRUB | Our expectations: An upward trend as the price reaches diagonal resistance. Formed bars suggest at least a short-term negativity in the couple. Inside bar and fake break above the mother’s bar – expectations for a decrease. It is likely that the stops over 81.89 will be fired entirely from the big […]

EUR/GBP: our strategy for today

EUR/GBP Daily chart EUR/GBP is supported by the diagonal of the ascending channel (in yellow) as well as the 100- and 200-DMAs. DeMarker approaches the oversold territory below 0.3, but still does not point up (signaling an upwards movement). We expect the price to be supported around 0.89 before attempting a test of the reisstance […]

EUR/AUD – Opportunity for short-term intranight Long Trades

EUR/AUD – H1 Our Expectations – The price is in a short-term upward trend, and the current correction, coupled with the bad foundation for the AUD, provides good levels for positioning with long positions. The downward correction forms a flag formation that was activated earlier today, and is currently being tested. The price is in […]

EUR/AUD – Sells seems to be the better trade

EUR/AUD – D1 Our expectations – The price rebounds sharply down from a resistance zone, while confirming a test of the already falling up trend. The zone is formed by horizontal resistance, major diagonal of the drilled trend channel and 61.8% Fibonacci correction. I expect the downward impulse to remain. The price movement forms the […]