#Eurostoxx50 #STOXX50 D1 Ending Diagonal PlayIn this update we review the recent price action in the Eurostoxx50 and identify the next high probability trading opportunity and price objectives to target *Past performance not indicative of future results01:25by Tickmill3
BIGGEST CRASH IS COMING Not financially advice about this. Global depression is coming near and the recession will be a lot worse than 2008. USA reached new all time high debt; the economy won’t approve this. Overall inflation is slowing dropping but the economy globally isn’t in a good shape about this. by JoyBoyVegae1
$EUR50 - Recession - Eurozone OANDA:EU50EUR is officially in Recession due to two consecutive negative quarters in a row. The Euro-Zone entered a Recession in the first quarter of this year and economists are not optimistic for the coming months. Having said that, its Index OANDA:EU50EUR continues to hold its head up high, but the question is, how much longer will it maintain to do so ? Will the situation get better for Europe or domino effect has just gotten started ? TRADE SAFE *** NOTE that this is not Financial Advice ! Please do your own research and consult your Financial Advisor before partaking on any trading activity based solely on this Idea .by Mr_J__fxUpdated 3
RIP EuropaYou wanted diversity. You wanted more females in positions of power. Now you got this. RIP EuropaShortby Bitbreather4
EU50 get ready for a shorthigh chance to see an ending diagonal , wait for the lower trend channel to break EShortby Analyticssage110
Triple TopUnexpected to me we have reached the double top again. Even if the market will decide to overcome this hard resistance I expect the index to make a downward correction first.Shortby motleifaulUpdated 1
Dark cloud cover in EU50EURTrade Idea: Selling EU50EUR Reasoning: • Weekly – Consecutive hanging man candles (Bearish) • Daily – Bearish dark cloud cover after Fridays break higher (Bearish) • 4hr – Bearish outside candle at Ichimoku Cloud resistance • 1hr – Testing Ichimoku cloud support (Neutral/Bullish) Entry Level: 4285.7 Take Profit Level: 4212.8 Stop Loss: 4310.9 Risk/Reward: 2.89:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Shortby Signal_Centre7
EURO STOXX 50 Hits 2-month LowDuring the first 3 days of this week, the price of EURO STOXX 50 (SX5E) has fallen by more than 3%. This was facilitated by: → lower oil prices on the eve of the OPEC+ meeting scheduled for June 4. The Saudi oil minister urged market speculators to "be careful”; → uncertainty about the US debt ceiling. While a deal has been tentatively reached, it has yet to be officially approved by the Senate. There are only a few hours left; → reduced shares of European companies producing luxury goods due to falling demand; → disappointing data from China (we wrote about it yesterday), with which Europe is actively trading. After conducting a technical analysis of the EURO STOXX 50 chart, we can assume that the decline may slow down, because: → SX5E price action shows that the 4,222 level, which served as an important resistance in March, now seems to be working as support; → support can also be provided by the lower line of the local downlink (shown in red). → the lower line of the long-term ascending channel (shown in blue) can give confidence to the bulls. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen11
Joe G2H - Selling EU50Trade Idea: Selling EU50 Reasoning: Double top completed on the daily chart. Lower prices expected. Entry Level: 4253.5 Take Profit Level: 4205 Stop Loss: 4275 Risk/Reward: 2.3/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.Shortby Signal_Centre6
EURO STOXX 50 VS FTSE 100A clear correlation between Euro Stoxx 50 - Ftse 100 ratio, and the EUR/GBP exchange rate. I believe we will see European equities outperforming until January 2024, and the pound getting stronger, reaching 1.4 to 1.5 level versus the euro. From a macro perspective, the UK is in a harder corner as inflation is clearly more elevated, but this will also force UK rates to stay higher for longer, ( policy rate as well as bond rates ) thus more money will flow in, searching for higher yields.Shortby Panos225
Equities opened lower in Europe on Tuesday EUROPEAN STOCKS Equities opened lower in Europe on Tuesday, extending losses registered overnight in Asia, as fear and uncertainty grow in investors’ minds. Bearish sentiment is prevailing on stocks with Treasury yields taking off as risk appetite continues to plummet amid the lack of a US debt ceiling deal, despite another full day of discussions yesterday. Fear is growing too as the deadline for an extension of the debt ceiling is fast approaching, and the prospect of a payment default from the US becomes more and more real, which is further denting market sentiment. Elsewhere, investors will be keeping an eye on US data today with Building Permits, PMI Services and New Home Sales all expected to show declines compared to last month. All EU benchmarks are currently in red territory today, with all sectors down with the worst performances coming from Consumer Cyclicals, Utilities and Healthcare. The STOXX-50 Index is now trading below its first support under 4,375pts, with 4,352pts now in sight. Pierre Veyret, Head of French Markets & Global Asset Technical Analyst, ActivTrades by ActivTrades5
Europe 50 - Bearish Bat PatternEurope 50 index has bearish reversal bat pattern. Currently in its potential reversal zone. Once it starts forming lower highs and lower lows , we can take a short trade. Shortby dawoodabbas261
European shares continued to climb, alongside US futuresEUROPEAN SHARES European shares continued to climb, alongside US futures, as risk appetite grew at the start of the final trading session of the week. Investors continue to respond positively to the optimistic discussions surrounding the debt-ceiling issue in Washington, which have bolstered market sentiment towards equities, despite lingering uncertainties brought by recent macro data. Indeed, sticky inflation, slowing recovery momentum in China, monetary tightening, and weaknesses in US employment data and the banking sector can still be seen as lingering dark clouds for investors who could be tempted to seek hedging solutions once the debt ceiling issue is temporarily solved. Meanwhile, all sectors are on the rise in Europe, with the best performances being brought by basic materials and energy shares. The STOXX-50 is trading around its first major resistance at 4,385.0pts following a bullish clearing of its bearish short-term trendline. The next target is the all-time high at 4,420.0pts, while a failure below 4,385.0pts could drive the market in a pull-back move around 4,375.0pts, 4,352.0pts, and 4,330.0pts by extension. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades113
EU50EUR stalling at previous highsTrade Idea: Selling EU50EUR Reasoning: • Hanging man dominating on the weekly chart • Overnight price action reversing possible shooting star • 4hr evening star forming • 1hr evening star forming Entry Level: 4385.2 Take Profit Level: 4350.4 Stop Loss: 4399.6 Risk/Reward: 2.42:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Shortby Signal_Centre2
EU50EUR breaking down Reasoning: Posted consecutive negative candles last week, signifying a potential topping formation. Potential ABC correction on daily chart and evening doji star reversal. Downward trending resistance line at 4341. Morning spike higher running into resistance on the 1hr & 4hr chart Ichimoku cloud. Entry Level: 4299.1 Take Profit Level: 4218.4 Stop Loss: 4325.6 Risk/Reward: 3.05:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.Shortby Signal_Centre4
EU50EUR at good risk/reward levelsReasoning: Posted hanging man candles last week, signifying a potential topping formation. Potential ABC correction on daily chart and evening doji star reversal. Downward trending resistance line at 4341. Morning spike higher running into resistance on the 1hr & 4hr chart Ichimoku cloud. Entry Level: 4332.3 Take Profit Level: 4291.1 Stop Loss: 4347.7 Risk/Reward: 2.68:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.Shortby Signal_Centre0
European equities climbed on ThursdayEUROPEAN SHARES European equities climbed on Thursday, paring some of yesterday’s losses, as market sentiment strengthens following the Federal Reserve’s rates decision and prior to the ECB announcement. Jerome Powell provided investors with what they were waiting for, lifting borrowing rates by 25 basis point higher to the 5.00%-5.25% target range, the highest since 2007. While the decision on rates didn’t surprise, investors were interested to see a shift in the wording from the Fed chairman after he hinted this could be the final hawkish move of the current tightening cycle. This tone change is being welcomed by equity and commodity traders as it lifts some of the pressure brought by a higher US dollar and reduces the prospect of a more aggressive FOMC. That said, investors still have a lot to digest with today’s decision on rates and press conference from the ECB, as well as tomorrow‘s US jobs report for April, which will certainly contribute to increased market volatility. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades2
European stocks at a significant resistanceEuropean stocks broke out of their channel months ago, but they are now facing an all-time resistance at the top, which positions them perfectly for a potential drop. If the SPX breaks out, it could mean that Europe will start retracing down while the SPX surges. However, it could also mean that both the SPX and EUR50 will begin their real bear market moves.Shortby EdwinPus1
Banks failing!!!! EU50 showing signs of reversalTrade Idea: Selling EU50EUR Reasoning: Posted hanging man engulfing candle last week, signifying a key reversal. Potential ABC correction on daily chart and additional hanging man from Friday. Spike higher has been sold into this morning posting a shooting star candle on the 4hr chart at Ichimoku cloud resistance. Entry Level: 4364.3 Take Profit Level: 4315 Stop Loss: 4382.0 Risk/Reward: 2.8:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Shortby Signal_Centre4
A very reliable 12 week cycle says top formedThe S&P 500 seems to be following an 11-12 week cycle since the start of this bear market. IF this holds again, it means the top was already formed last week and the market starts to head lower from here. I have also got confirmation for this by looking at Euro Stoxx ~ 8 week cycle which is giving the same signal. Short03:25by markethunter8883
European benchmark indices opened slightly higher on ThursdayEUROPEAN SHARES European benchmark indices opened slightly higher on Thursday, halting their recent bearish correction, as positive corporate earnings reports boosted market sentiment. Investor appetite for risk grew following a batch of encouraging reports from companies in different region and from different sectors, including Deutsche Bank AG, STMicroelectronics NV, Banco Bilbao Vizcaya Argenta SA, Meta Platforms Inc and Microsoft. This situation has brought a temporary change in market sentiment as many were pricing in far more negative announcements than revealed so far. However, with major companies such as AstraZeneca PLC, Barclays PLC, and 13 others from the French CAC-40 index yet to release their Q1 earnings, it is uncertain whether the positive trend will continue. Traders are also keeping an eye on crucial US GDP and initial jobless claims data, looming in the afternoon, to see how the Federal Reserve may adjust the pace of its monetary tightening. The STOXX-50 index has its eyes towards the 4,365.0pts / 4,375.0pts resistance zone following its rebound over the 4,325.0pts area. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades1
stoxx updateindex is expecting to retrace toward trendline then continue its upward move toward 78.6% expansion of fibo level please see big picture as below by MtICHIUpdated 2
ESXEUR-SIDEWAYS TRENDesxeur is in sideway trend as it is moving between support and resistence.by uasghar2800