EUR/USD respected the price channel (May 25, 2024)
Petros Steriotis
by Trading Strategist
1w ago
EUR/USD halted its 200+ pips ride -not coincidentally- when it met with the price channel of the last few months. Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for! Trade ..read more
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EUR/USD with a bullish breakout but… (May 17, 2024)
Petros Steriotis
by Trading Strategist
2w ago
Breakouts from a downtrend line are good but -to put things in perspective- for EUR/USD still has to record a convincing higher high. In any case, in the last few sessions it was made clear that when risk assets go well, so does EUR/USD. Disclaimer> This post is informational only. This post is not a ..read more
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EUR/USD inside the downtrend channel (May 12, 2024)
Petros Steriotis
by Trading Strategist
2w ago
While EUR/USD is ready to arrive to the upside targets of the downtrend channel, the retracement is gaining momentum. However, the overall sequence of lower highs and lower lows all this year still gives net sellers the upper hand. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial ..read more
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EUR/USD escaped the head & shoulders for now (May 7, 2024)
Petros Steriotis
by Trading Strategist
3w ago
EUR/USD trapped many with a break below the head & shoulders formation but swiftly returned back up, putting the pair in a much better position. The big trend is negative, however , and longs need to remain extremely careful. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial ..read more
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EUR/USD inside a descending triangle at best (May 2, 2024)
Petros Steriotis
by Trading Strategist
1M ago
The pair is trying hard to return inside a descending (bearish) triangle. The overall picture is negative. Trade safely! Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for ..read more
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Crude Oil bullish but with bizarre Friday trading (Apr. 15, 2024)
Petros Steriotis
by Trading Strategist
1M ago
No wonder that CL is running on geopols. However, price seems to be stuck in the $85-$87.50 area with Friday’s closing unexpected ahead of risk in the Middle East. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and ..read more
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EUR/USD cooking a new downside move (Jan. 8, 2024)
Petros Steriotis
by Trading Strategist
5M ago
Ready to violate the 3-month ascend and celebrate a new head&shoulders bearish top on the daily. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for ..read more
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EUR/USD: 2024 will be bumpy road for EUR bulls (Dec. 31, 2023)
Petros Steriotis
by Trading Strategist
5M ago
Based on the long-term chart, I cannot write the US Dollar off yet. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for ..read more
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EUR/USD: Looking toppish on the weekly (Dec. 26, 2023)
Petros Steriotis
by Trading Strategist
5M ago
Cluster of Fibonacci resistance contain the further upside of EUR/USD on the weekly. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for ..read more
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S+P futures: New week starting at critical juncture (Nov. 13, 2023)
Petros Steriotis
by Trading Strategist
7M ago
Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for ..read more
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