EUR Weekly Wedge
EURUSD remains supported at $1.2660 TL, which is bottom of wedge from mid December. A breach below faces multiple support points ($1.2480, 1.2390 and 1.23). No ECB rate change seen a positive price development but escalating fears of EUR bank downgrades & reduced risk appetite from US data seen testing the lows. Next run-up target stands at $1.35
Jan 11, 2023 10:57 | by Ashraf LaidiIf the DAX40 maintains its habit of extending 13% above its 200 DMA, then current upside may extend to as high as 15300, just below the 76% retracement of the decline from the Jan 2022 high to...
Dec 6, 2022 14:34 | by Ashraf LaidiWe know the DXY is highly correlated with USD/CNH so if the Head-&-Shoulder on USD/CNH formation proves valid, then further USD downside lies ahead. ..
Nov 12, 2021 12:55 | by Ashraf Laidihttps://www.binance.com/en?ref=13288560...