EURUSD Weekly update 07.11-11.11
EU is forming bullish channel. This retracement need to create at least one more bullish leg, before continue to drop.
Interest rates
There is a big difference in Interest rates between US and Eur. Union. This difference will not allow change of the major order flow. This leads me that the recent bullish moves are only big retracement.
SMT Divergence
There is not SMT divergence and COT Reports shows that there is no change of the main trend.
Interest rates
There is a big difference in Interest rates between US and Eur. Union. This difference will not allow change of the major order flow. This leads me that the recent bullish moves are only big retracement.
SMT Divergence
There is not SMT divergence and COT Reports shows that there is no change of the main trend.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.