Tuesday 27 Jul 2021

Technical forecast for Eurostoxx

By Jason Sen () · July 11, 2013 · Comments Off
Indices · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast

Euro Stoxx Sep13 edged higher to 2673 but failed to make a sustained break above 2670. However we should follow higher overnight US markets to 2685/87 & possibly a move towards very strong resistance at 2709/12 for a selling opportunity today. Use stops on shorts above 2720 for 2733/34.

Support at 2668 then the 100 day moving average at 2658/55 but below here next support around yesterday’s low at 2637/34.

Indices

Risk WarningSite visitors hereby acknowledge that: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Technical forecast for Eurostoxx

Types of Charts and How They Are Constructed by Abe Cofnas

Launching Long Term Position Trading In Forex by Abe Cofnas

Currencies, Commodities and Intermarkets By Abe Cofnas

Currency Pairs – Key Characteristics By Abe Cofnas

Types of Charts and How They Are Constructed by Abe Cofnas

USDCAD Looks Bullish Long-Term! – Elliott wave (video)

Elliott Wave View: Pivotal Software Inc. Lost 45% In Value In 1 Day

EURUSD : Sell Trade Setup

Elliott Wave View Expecting AUDJPY to Extend Lower

Elliott Wave View: S&P 500 Futures Eyeing New All-Time High