Tag - eur

EUR/USD: outlook for May 1-5
EUR/USD: outlook for May 1-5

EUR/USD opened the week with a bullish gap on the news that a pro-European candidate Emmanuel Marcon won the most votes in the first round of French presidential election…

EUR/USD: on support of Tenkan
EUR/USD: on support of Tenkan

Expanding bullish Ichimoku Cloud, but Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen, the horizontal Kijun-sen; the prices are under strong resistance on daily timeframe; the local market is overbought and waiting for correction to Kijun-sen.

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

There’s a pullback from 7/8 MM Level, so wave (iii) ended, so bears are going to deliver wave (iv).

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