ForexTrendline

ForexTrendline

Yesterday EURUSD reached the first resistance and pulled back. The US inflation data is due today. This is one of the most important news and will cause a great impact. Mind your open trades. We're looking for another drop towards 1,0800 and pullback.

ForexTrendline

Yesterday EURUSD climbed again and passed over the area from the news. Important USD news is coming tomorrow along with greater fluctuations. Don’t rush with new entries and make sure to lower the risk on existing ones. The goal remains a breakout of the previous peak and heading towards 1,1000.

ForexTrendline

On Friday, we saw a pullback from levels around 1.0800 following the US jobs news. There is again important news this week and we expect big swings again. On Wednesday are the US inflation data and on Thursday the interest rates from the ECB! We are watching for a continuation of the rise and a break of the previous peak. The next resistances are at 1.0884,...

ForexTrendline

Important news ahead. The US job data will be released today. Reduce the risk on all open positions. Yesterday EURUSD went above previous top and bounced back. If we see a reaction from the levels around 1.0800 today we will watch for buying opportunities. New trades after the news.

ForexTrendline

Yesterday we saw another rise after the news. We expect the uptrend to continue and head towards 1,1000 and 1,1130. Look for new trades after correction. The idea spoils on a drop below 1.0723!

ForexTrendline

The levels below 1,0800 are key support. Yesterday we saw a rise but there is still chance for another test of the previous low. We expect the movement to start by the end of the week and we get into new trades. The goal is another test of the previous bottom and pullback. This would bring buy opportunities with good risk to reward ratio.

ForexTrendline

Yesterday we saw another decline here. Today we are watching for another push and test of the previous low slightly below 1,0700. Important USD news is coming by the end of the week. The first news is tomorrow, and on Friday we will see the jobs data! This will determine the next movement and give us new entry opportunities.

ForexTrendline

So far we have seen a quiet week with no major fluctuations and expect it to continue. EURUSD bounced off the first resistance at 1.0855 and headed towards the previous low. There are no grounds for new entries at current levels! We remind you that most of the markets will be closed on Friday!

ForexTrendline

Yesterday EURUSD bounced back from the 1.0855 resistance. The week is developing according to expectations and we are seeing weak movements. Today we will watch for another decline and a test of 1.0800. We remind you that most of the markets will be closed on Friday! That's why all positions have reduced risk!

ForexTrendline

EURUSD didn’t manage to break 1,0800 and a correction started. The important resistance levels are 1,0855 and 1,0888. Upon a pullback from those levels we’ll be looking at sell opportunities and another test of 1,0800. There are no buy grounds.

ForexTrendline

A quiet week ahead with no major economic news. At the end of the week, most of the markets will be closed and we will see much smaller fluctuations. Technically, we expect to see lower values, but there are no current entry opportunities. Grounds may be there after correction and pushback. The target will be a drop below 1.0800, where the next important...

ForexTrendline

Yesterday EURUSD bounced off of the support zone. This confirms the up trend and gives another buy opportunities. You can move the SL of your buy trades if you have ones. The goal is breakout of the previous top and passing over 1,1000. The uptrend breaks upon drop below 1,0833.

ForexTrendline

Yesterday EURUSD entered the support zone and pulled back. FEDs interest rate decision is coming today. It’s the most important news at the moment and will certainly have an impact on all instruments involving the USD. The news is at 20:00 Bulgarian time, and the press conference 30 minutes later! We are watching for buying grounds and a breakout of the previous high!

ForexTrendline

Yesterday we saw another drop for EURUSD and reaching right to the support level at 1,0866. FED is about to announce its decision tomorrow and we probably will see the next great movement. We’re at uptrend and the support zone is already reached. Upon pullback from these levels there will be buy opportunities. Trades before the news are way too risky.

ForexTrendline

US interest rate is coming this week. This will determine the next movement for EURUSD. The news due on Wednesday and there may be no clear movements before that. We've set a support zone and will be looking for reaction. At the moment, the uptrend is more likely to continue!

ForexTrendline

The correction in EURUSD continues and yesterday we saw a decline and breakout of 1.0900. We have identified the support zone from which we will look at buying opportunities. Next week the FED will announce interest rates and that will be important news and an entry opportunity. It is possible that in the coming days we will see a hold around the current levels...

ForexTrendline

We saw an upside move in EURUSD yesterday, but the correction is not over yet. By next week, we expect the sideways movement to persist and see a new test of 1.0900. There is no basis for trades at current levels! There is important support at 1.0866 and we will watch for a reaction and buy entry. Selling is against the main movement and remains risky!

ForexTrendline

EURUSD is holding above 1.0915 and seems to be waiting for news of the next move. Today at 14:30 Bulgarian time the inflation data in the USA will be published! This is one of the most important news and has a big impact. It is recommended to reduce the risk on all active positions and look for new entries after the news. The trend remains up and we will...