Potential for a reversal ??we may be in a potential reversal setup at price action looks to complete an impulsive 5 waves. weekly supply at 4369.71/4307.58. I will be looking a decent reversal signal on the daily and looking to enter on any subsequent short positions on the lower timeframesShortby TraderChes0
eustx50eustx50 may fall from here . volume on this rise is not supporting and bearish divergence as well. we may complete harmonic butterfly pattern. NFA DYORby wyckoff700
Joe Gun2Head Trade - EU50 Breaking from a wedgeTrade Idea: Buying EU50 Reasoning: Breaking from a wedge Entry Level: 4316.6 Take Profit Level: 4365 Stop Loss: 4291 Risk/Reward: 2:1 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.Longby Signal_Centre3
Joe Gun2Head Trade - Speculative sell on EU50.Trade Idea: Selling EU50 Reasoning: Speculative sell, stalling at the highs? Entry Level: 4324.1 Take Profit Level: 4204 Stop Loss: 4343 Risk/Reward: 6.91:1 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
Equity markets traded sideways on MondayEUROPEAN SHARES Equity markets traded sideways on Monday, hovering around their annual highs, as investors digest the surprising decision from OPEC+ countries, at the beginning of a new quarter. Most benchmarks slid shortly after the opening bell following an unexpected oil output cut announcement from OPEC countries, which sent black gold 5% higher. While higher oil prices normally tend to support stock markets, the news wasn't welcomed by equity traders here as it revives inflation concerns, which adds uncertainty to an already blurry mid-term context on monetary policy. This news may tempt some investors to look for safety, taking profits out of riskier assets, following solid performances registered at the end of the first quarter. However, traders are also eyeing a new batch of major macro data this week, which may prove market sentiment to be resilient as many investors already expect monetary conditions to improve this year. The Stoxx-50 index still trades around 4330.0pts, a 2023 peak, with 4415.0pts as the next resistance level if prices manage to clear the current level. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades5
Consumer goods gains offset by financial and real estate lossesEUROPEAN SHARES Stocks opened mixed in Europe, with lower market volatility than usual, as traders brace for the last trading session of the quarter that will be full of macro developments. Gains in the consumer goods sector have been offset by losses registered by financials and real estate shares, as investors are tempted to take some profits out following a sharp two-day bull run and ahead of key macro data this afternoon. Investors who have priced in a more dovish approach from central banks are likely to closely monitor the new inflation print from the Eurozone this morning, while the US PCE Core index looms in the afternoon alongside another speech from ECB President Christine Lagarde. This is likely to significantly increase market volatility for the last session of the week, and provide investors with more visibility about where monetary policies will go, even though some Fed officials have already hinted that interest rates needed to go further up to combat sticky inflation. That said, a pull-back in equities wouldn’t come as a big surprise to anyone following the market rally registered in the second part of March, and most benchmarks could potentially come back to test newly established support levels. The Stoxx-50 index seems to confirm this scenario so far after prices filled a bullish gap shortly after the opening bell, paving the way for an extended consolidation towards the 4,210/4,225pts zone. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades4
Benchmarks from London to Milan were in the green on ThursdayEUROPEAN SHARES Share markets continued to edge higher in Europe, extending gains registered yesterday evening on Wall Street, as investor appetite for risk is on the rise before the end of the quarter. Benchmarks from London to Milan were in the green on Thursday, led higher by all sectors, but with the best performances being brought by real estate stocks so far. Market sentiment remains relatively positive, and investor confidence remains high despite the recent turmoil brought by the financial sector, as appetite for risk gets supported by the prospect of dovish pivots from central banks, providing a good excuse to push stock indices higher just before the end of the quarter. However, the current rally is being built more on expectations rather than facts and proper actions, which means benchmarks could be under the threat of a sharp drop if central banks (especially the Fed) were to disappoint investors. More market volatility is likely to be on its way today as traders wait for the new German CPI print, the Eurozone Economic Confidence, US GDP and jobless claims while speeches from Fed officials also loom later in the afternoon. The STOXX-50 now trades well above 4250.0pts at 4280.0pts and seems to be on its way for a 100% retracement of the short-term bear trend started at the beginning of the month. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades4
Stock indices rose in Europe on ThursdayEUROPEAN SHARES Stock indices rose in Europe on Thursday, enough to pare yesterday’s losses after bullish enthusiasm towards Chinese tech shares strengthened market sentiment everywhere ahead of key macro data this week. Confidence in equity markets seems to remain strong so far, with bull traders defending support levels everywhere on the old continent despite the banking turmoil, which was pushed further yesterday after police raided offices of five major French banks as part of an investigation into tax fraud claims. Investors are pricing in bigger liquidity supply as well as a more dovish approach from central banks, in the shape of slower rate hikes and possibly even rate cuts, from central banks, providing a short-term support to market sentiment. However, many investors are already looking toward this week’s new US inflation figures - a key indicator for the Fed in the driving of its monetary policy - in order to have more visibility on where rates will finally sit. Meanwhile, more volatility may be registered in the afternoon, especially towards energy shares, with the release of US pending home sales data as well as the US crude oil inventories. The Stoxx-50 index currently challenges its first major resistance around 4190.0pts/4200.0pts following a rebound over the 4155.0pts support level. Both EMA act as support to the market while the MACD indicator confirms its bullish turn. The next target for prices can be located towards 4250.0pts, if a clearing above 4200.0pts were to be confirmed by daily close. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades4
Stocks slid lower in Europe EUROPEAN SHARES Stocks slid lower in Europe at the opening of the last trading session of the week, as lingering worries about the financial sector keeps pressuring market sentiment. Despite US treasury secretary Janet Yellen’s reassuring speech yesterday, most investors remain cautious towards riskier assets and prefer to seek for safety while waiting for further development. Today’s bearish price action has also been brought by a batch of poor PMI data from France and Germany and disappointing GDP figures from Spain, that have sent benchmarks towards their first support levels. However, even if global uncertainty remains, the fact major central banks have pledged to provide support to economies through an increase in liquidity to the financial sector, is likely to lift market sentiment on the short to mid-term basis. We see the current price action as a potential pull-back on newly registered support zones, before reaching new highs. The Stoxx-50 trades close to a major support at 4,150.0pts, weighed down by financial and energy shares, while both the RSI and moving averages remain bullish so far. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades2
EU50 Down.EU50 Down. 38.2% Lower High. Same move building up on DAX adding confidence to trade.EShortby jforex781
Double TOPThe 2021 high had not been reached again. Since then we've got a double top which may become an inverse Head and Shoulder. As long as the January 2022 high will not be taken out the probability is in favour of lower indications. The March 2022 high together with the November 2022 high can be seen as a smaller S-H-S formation. But as the market could not reach the neck line of the bigger S-H-S again this may be seen as a lack of confidence in the break of the smaller formation. Insofar the sideward range since February looks like a bearish consolidation which has been broken with the fall of the past week. Shortby motleifaulUpdated 0
euro stocks trade ideaclose up not financial advice. this idea is taken by fibs and possible retracements. any questions ask below by wajahatjogezai70
euro stocks trade ideanot financial advice. short taken at 12708. this idea is taken by fibs and possible retracements. any questions ask below by wajahatjogezai70
European stock benchmarks rose for a second day on FridayEUROPEAN SHARES European stock benchmarks rose for a second day running on Friday, at the end of a stormy week, as investors bought the dip brought by short-term turbulence in the markets. Risk appetite is on the rise after investors seized the opportunity brought by fears of a systemic risk sparked by SVB towards the Financial sector, to buy shares at discounted prices. The panic seen recently has been replaced by a wind of relief as central banks including the Federal Reserve and the SNB, as well as other private financial institutions such as JP Morgan and Citigroup have shown support towards the financial sector to prevent further failure and bring back confidence to the markets. Investors also noted the latest speech from ECB President, Christine Lagarde, after she announced a 50 bp rate hike yesterday while reaffirming European banks remained resilient and that monetary tightening wouldn’t be a threat to the Eurozone economy as a whole, although she did warn about the possibility of a stagflation inside the Eurozone. Technically speaking, most equity benchmarks have registered sharp rebounds over key support levels (last top overlap + 23.6% correction of January rally). On the short-term basis, the STOXX-50 has broken-out of its bearish trendline started in March, opening the door for further highs towards 4170.0pts, 4,205.0pts and 4,260.0pts, while today’s new inflation print will certainly increase market volatility. Pierre Veyret– Technical analyst, ActivTrades by ActivTrades2
#Short EU50Short position taken based on Dow theory. Entry taken after observing bearing signal of three inside down candle patternEShortby rafay0saeed0
STOXX-50 index is being led down by financials and energy shares European markets pared some of yesterday’s gains as market sentiment remains under pressure from a blurry short to mid-term outlook for stocks. Today’s appetite for riskier assets has been dented after traders saw poor industrial production figures from China, sending benchmarks slightly lower everywhere in the Eurozone. Overall market sentiment remains fragile this week as investors struggle to assess the inflation and monetary situation, especially after the collapse of SVB sparked fears of a systemic risk due to higher borrowing costs. The STOXX-50 index is being led down by financials and energy shares, with most sectors also trading in red territory, as a corrective move following yesterday’s surge. The situation isn’t reassuring from a technical point of view as the market has broken-out of its bullish trendline and failed to go back above the 4,200.0pts mark yesterday. The situation may become even more dangerous If prices continue to drop and break the 4,070.0pts level (23.6% Fibonacci ratio) as this would open the door to a deeper correction towards 3,910.0pts (38.2%) and 3,780.0pts (50%). Pierre Veyret– Technical analyst, ActivTrades TVC:SX5Eby ActivTrades4
EU50 remains toppy!Trade Idea: Selling EU50EUR Reasoning: Potential 5th wave completion in daily and 4hr charts. Price action stalled at Ichimoku Cloud (Hourly). News sentiment turning negative. Entry Level: 4272 Take Profit Level: 4180 Stop Loss: 4303 Risk/Reward: 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_Centre0
EU50 Down.EU50 Down. EA caught this position in London NY session. Double Top. Divergence.EShortby jforex783
EU50EUR explosive move through resistanceTrade Idea: Buying EU50EUR Reasoning: Broken up through resistance after posting a bullish outside weekly candle. Continued momentum higher. Bullish flag forming. Entry Level: 4315.9 Take Profit Level: 4357.0 Stop Loss: 4297.0 Risk/Reward: 2.17:1 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. Longby Signal_Centre0
Many are awaiting today’s CPI release in the Eurozone.EU shares fell back on Thursday, following the bearish global trend for equities as risk aversion prevails. investors have become increasingly risk-averse due to the uncertain short- to mid-term economic outlook and prospects of tighter monetary supply globally and are taking cash out of riskier assets. Although hawkish stances from central banks are getting well priced-in to the markets now, investors who were initially expecting a quick pivot on rates are now struggling to assess the impact of higher rates for a longer period on corporate profits and the economy as a whole. That said, the macro front is likely to remain dominant, and many are awaiting today’s Consumer Price Index release in the Eurozone as well as the minutes of the last ECB policy meeting, which could bring even more volatility to both equity and FX markets. The STOXX-50 is testing its major support zone around 4,200.0pts where a break-out could become significantly dangerous for prices as it would invalidate the mid-term bullish run started in last October. However, with still bull traders defending this zone, no anticipated breakout is shown by the RSI indicator and volumes remaining unusually low for a breakout, and we don’t see this as the most likely scenario from a technical point of view. Pierre Veyret– Technical analyst, ActivTrades TVC:SX5Eby ActivTrades3
Euro Stoxx 50 (SX5E) - Bearish HarmonicEuro Stoxx 50 SX5E- Bearish Harmonic potentially in play. Local top: 4280 (maybe 4400). Targets: 4025, 3858. Additional lower targets are identified in Chart.Shortby shri303894
EU50 looking toppy!!Trade Idea: Selling EU50EUR Reasoning: Bearish engulfing on Weekly chart. Elliott wave 5 complete on Daily & Hourly. Reaction rally failed. Price action breaking below. Entry Level: 4224 Take Profit Level: 4100 Stop Loss: 4255 Risk/Reward: 4:1 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_Centre1