EURUSD Short
TECHNICALS
EURUSD has formed a 6 month rising wedge pattern.
This pair has also recently formed the right shoulder to the 15 month head & shoulder pattern.
Superb deceleration on the daily Stochastic RSI
A small deceleration on the daily MACD.
Lastly, looking at the 2 year long term trend we see that this pair is clearly in a down trend.
FUNDAMENTAL
Although being in a global economic slowdown the US FED is yet to raise its low interest rates.
Looking at the cme fedwatch tool ( may 6th, 2016) we see that implied probability states that a rate hike to 0.75% increases around JUNE to SEPTEMBER,
EURUSD
EURUSD has formed a 6 month rising wedge pattern.
This pair has also recently formed the right shoulder to the 15 month head & shoulder pattern.
Superb deceleration on the daily Stochastic RSI
A small deceleration on the daily MACD.
Lastly, looking at the 2 year long term trend we see that this pair is clearly in a down trend.
FUNDAMENTAL
Although being in a global economic slowdown the US FED is yet to raise its low interest rates.
Looking at the cme fedwatch tool ( may 6th, 2016) we see that implied probability states that a rate hike to 0.75% increases around JUNE to SEPTEMBER,
EURUSD
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.