The technical situation on the main currency pair almost does not change. According to what I wrote in my last comments, the baseline scenario still remains a variant of growth. This in turn means that the demand must defend support at 1.1090 and lead to increases in the direction of the resistance levels of 1.1160 and 1.1246. In the longer term I expect gains...
Hello, traders! Make sure you watch the whole video of me talking nothing ( giggle ), so you get a better picture! Link - youtu.be Good Luck and thanks for your Like!
Eu reached the upper trend of the upward channel. I have also noticed a similar bulls patterns (clone) which supports the upcoming bears move.
On Wednesday, investors' attention is focused on the information that come from the United States. With great anticipation, investors will await the notes from the minutes of the FOMC, which may provide new clues about further increases in interest rates. Previously, however, we will see inflation and PPI data for permits to build houses. Further, investors will...
After a few days of making the third wave of the big impulse it's time for a correction.
Watch the video to get a better picture! youtu.be Let's see how this works out!
Eurodollar after the recent rally and the establishment of a short-term peak at 1.1376 grabbed a little breathing. Correction, in which the EUR / USD should not in my opinion exceed the support level 1.1160 (minimum of 10 of February). (Previously, however, the demand will defend levels at 1.1246 and 1.1215). In the longer term, I expect growth toward the recent...
Euro-dollar, the rise will continue in the long term? Personally I do not believe that the euro-dollar will maintain the rise in long-term and already provides a euro-dollar down with the approach of the ECB meeting on March 10 next. If, however, the euro-dollar exchange rate could remain at current levels or even go up, the probability of strong monetary easing...
The numbers speak by themselves. Charts do the talking. Price Action Rules the Game. Well, as per the technicals, there is a chance for a drip back to 61.8% Fibs around 1.10230 zone. Which shall become the Support now to the previous resistance. And jump upwards from there to the 1.618 Fib Extension coming at 1.17297... However, to avoid greediness, and follow...
About a week ago I posted a chart looking at a potential bearish bat pattern on the EURUSD & told you that I'd be looking for reasons in my Live Trading Room to get involved in the move up to that level. Well this week I was able to take advantage of that opportunity & wanted to share with you the video demonstrating how exactly I did so. www.youtube.com I'm...
Eurodollar after peaking at 1.1376 rebounded rapidly and at present, is below Tuesday's high of 1.1337. If within the next few hours, the demand side will not try to break through this resistance, we may be witnessing landslides eurodollar rate toward lower price levels. In this case, the supply side could lead to declines toward support at 1.1246 (peak of 5...
The outlook for EUR / USD: The strength of the demand side at the moment is indisputable that in the near future should result in further increases, interspersed with larger or smaller adjustments. Demand side should aim to break the recent high of 1.1337, which will open the way towards the next resistance 1,1371-1,1392. In the longer term expected growth in...
Eurodollar quite quickly managed to handle the correction of recent increases that have taken place over the last week and on Tuesday the demand side led to a break the next level 1.1246 and 1,1280-1,1310. Maximum recorded at the level of 1.1338. Last such price levels we saw in October last year. Most investors remain skeptical about further action by the ECB...
EURUSD: We have to be careful in trading the normal trend shows upside move on weekly basis. The close is @ 1.1153 way above the buy level of 1.1026 there is a major confluence level 1.1339 to 1.1381 target 02 @ 1.1515
The outlook for EUR / USD: On Friday, after a strong rally that took place throughout the week, there was profit-taking. Currently, Eurodollar located around 23.6% of the abolition of the past, and increases in my opinion, the adjustment should be deepened. In the coming hours, the supply should take the initiative and lead to declines in the level around 1.1081....
100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016 The primary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support...