Downloading...
Download

EURZAR

EUR/ZAR Short Trade Alert - Price Target R12.10TRADE ALERT: EUR/ZAR IDEA: SELL (GO SHORT) - Would you BUY or SELL and WHY? PRICE ACTION: (BREAKOUT of an Inverse Cup and Handle) TIME FRAME: DAILY FUNDAMENTALS: Some policymakers at the ECB (European Central Bank) have said the situation in Ukraine could cause the ECB to slow its exit from stimulus measures. Then we have Russian forces which have seized Europe’s biggest nuclear power plant. Almost, a week later and electricity and fuel prices in Europe soared. This then led to the Eurozone’s inflation level hitting a record high of 5.8% last month. Strategists also worry that with the rising energy and gas prices, this will hit Europe’s economic growth prospects. And so, with the escalating Ukraine-Russia conflict, there is a domino effect on Europe, where the euro continues to fall against major currencies. For one, the euro slid to its lowest price level in 21 months, against Britain’s pound. It also dropped to a seven-year low against the Swiss franc. We also saw the euro drop to its lowest level against the US dollar in 21 months as well as the South African rand. when the euro falls against them, the rand tends to strengthen as I showed you in the chart above. DO YOU AGREE with the analysis?
Short
by timonrosso87
1
EURZAR on a double bottom 🦐EURZAR on the daily chart bounced 2 times over a monthly support creating a perfect double bottom reversal pattern, The market after the break of a descending trendline is now moving to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
18
EURZAR on a perfect double bottom 🦐EURZAR on the daily chart bounced 2 times over a monthly support creating a perfect double bottom reversal pattern, The market after the break of a descending trendline is now moving to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6
EUR/ZAR:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|SHORT🔔🔔The Eurozone CPI for July is predicted to decrease 0.1% monthly and increase 2.2% annualized. Forex traders can compare this to the Eurozone CPI for June, which increased 0.3% monthly and 2.2% annualized. The Eurozone Core CPI for July is predicted to decrease 0.4% monthly and increase 0.7% annualized. Forex traders can compare this to the Eurozone Core CPI for June, which decreased 0.4% monthly and increased 0.7% annualized. The Eurozone Harmonized Core CPI for July is predicted to decrease 0.3% monthly and increase 0.9% annualized. Forex traders can compare this to the Eurozone Harmonized Core CPI for June, which increased 0.2% monthly and 0.9% annualized. The South African CPI for July is predicted to increase 1.1% monthly and 4.6% annualized. Forex traders can compare this to the South African CPI for June, which increased 0.2% monthly and 4.9% annualized. The Core CPI for July is predicted to increase 0.5% monthly and 3.1% annualized. Forex traders can compare this to Core CPI for June, which increased 0.3% monthly and 3.2% annualized. The forecast for the EUR/ZAR turned bearish after price action failed to extend its rally, set a lower high, and formed a double top. Can bears pressure the EUR/ZAR into its horizontal support area? You can find our Website/Telegram Links in Description Below in "Find me on" ↓↓↓
Short
by FOREXN1
EURZAR on a channel break 🦐EURZAR on the 4h chart created a triple top below a weekly resistance. The price is currently testing the ascending channel trendline over a daily support and according to Plancton0's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
12
EURZAR and all USD based pairsMy Bias for all these pairs is that they will form a Wyckoff theory pattern and then shoot to the upside as demonstrated below. Most of them may be slow but they will eventually make it to the bias if not then we move on. #forex,#stockmarket,#forexSwaggyc,#theswagacademy,#forextheswagacademy,#forexmarketswaggy,#forexmarkettheswagacademy,#intradaytradingstrategy,#daytradingstrategy,#forextradingstrategy,#priceactiontrading,#forex,#howtotradeforex,#thetruthaboutforex, #forexlifestyle,#fakeforextraders,#whatisforex,#bestforexbrokers,#bestforexbooks,#iml,#thetruthaboutiml,#imlforex,#forexcourse,#tyllionaire,#makemoneyonline,#howtomakemoneyonline, #forexstrategies,#forexscalpingstrategy,#fibonacciretracement,#freeforextraining,#imarketslive,#ty,#tyforex,#forex2020,#forexyoutubers, #forexgoldstrategy,#us30forex,#advancedforexstrategies,#trailingstopforex,#TheTradingChannel,#Jasonstapleton,#Akilstokes,#Astrofx,#Howtomakemoneyonline,#Howtoreadacandlestickchart,#tradeempowered, #Forexreviews,#Forextrading,#Stockmarket,#Stocktrading,#Daytrading,#candlestickcharts,#structuretrading,#crazytrading,#livetrading,#forexstrategies,#forexprofits,#profitsmadelive,#livestocktrading,#jaywayne,#teamtakexprofits,#jaytakeprofits,#mambafx,#nickshawn,#candiceb,#FOREX,#FOREXTRADING, #FOREXPROFIT,#cuebanks,#IMLstrategynas100
by ButterflyBerry
EUR/ZAR: FUNDAMENTAL FORECAST + PRICE ACTION|SHORT SETUP 🔔German Industrial Production for April is predicted to increase 0.5% monthly. Forex traders can compare this to German Industrial Production for March, which increased 2.5% monthly. The German ZEW Survey Current Situation Index for June is predicted at -27.8, and the German ZEW Survey Economic Sentiment Index at 86.0. Forex traders can compare this to the German ZEW Survey Current Situation Index for May, reported at -40.1, and to the German ZEW Survey Economic Sentiment Index, reported at 84.4. The advanced Eurozone GDP for the first quarter is predicted to decrease 0.6% quarterly and 1.8% annualized. Forex traders can compare this to the previous Eurozone GDP for the fourth quarter, which decreased 0.7% quarterly and 4.9% annualized. Eurozone Employment for the first quarter is predicted to decrease 0.3% quarterly and 2.1% annualized. Forex traders can compare this to Eurozone Employment for the fourth quarter, which increased 0.3% quarterly and decreased 1.9% annualized. The South African GDP for the first quarter is predicted to increase 2.5% quarterly and decrease 3.2% annualized. Forex traders can compare this to the South African GDP for the fourth quarter, which increased 6.3% quarterly and decreased 4.1% annualized. The forecast for the EUR/ZAR remains bearish with the economic outlook for the Eurozone and how the ECB will handle inflation than for South Africa and the SARB. Will bears remain in charge of price action in the EUR/ZAR and force it into its next horizontal support area?
Short
by FOREXN1
7
EURZAR bounce over a monthly support 🦐EURZAR on the 4 chart test the monthly support and start to trade to the upside. The price is testing a minor resistance zone and according to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6