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The battle between Fed and ECB

megajorko Posted 5 Set as Analysis on EUR/USD, Target: 1.105, Date: 1 di Novembre, 12:00 GMT  in #Technical analysis #Ecb #EUR/USD #Fed #Interest Rate Decision
My analysis on the pair will involve several technical indicators, such as BB, RSI, EMA.
As of now (5th of September) the pair is in some bearish trend. The NFP has passed in Friday and it showed worse than expected created jobs so from technical point of view I looked in the 4 hr chart and there was already formed a channel down which means that sometimes technical and fundamental analysis are in anti correlation.
The RSI-100 has already reached level 30 (which is thought to be a level for posi…
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The fall of euro

megajorko Posted 11 Giu as Analysis on EUR/USD, Target: 1.111, Date: 1 di Agosto, 12:00 GMT  in #Technical analysis #EUR/USD #Fed #Bollinger Bands #Double Top #Interest Rate Decision
As we can see on the Daily timeframe there is obvious head and shoulders:
According to the BB we can see that the price has targeted the lower Bolinger which is exactly our target. The hawkish fed will surely increase the rate which will lead to penetration of the round number 1.1
On the weekly chart we can see that the average price is also around 1.11 and it is the medium Bollinger also from the start of the big range (1.08 - 1.16):
Everything which will happen depends on the June's fed's rate…
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What will happen to EURO

megajorko Posted 6 Lug  in #Trader's blog #Patterns #Fed #Ichimoku
Hello traders,
How can we analyze the Daily chart of EUR/USD - the hottest pair today
Since March we can see very interesting formed and forming patterns. First it formed a false double top. Since the middle of April to middle of May there was a trend to reach the maximum of the pair =1.146 It was again with similar to triple top and/or channel up pattern. After this the big correction came to fall to the bottom of the Ichimoku cloud and after forming the second bottom it again started a trend…
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