Michael_Frank

Michael_Frank Updated 

EURUSD new Yearly Highs. The yesterday Daily breakdown through the Lows, was a Bear Trap. Now we can see a climb to new Yearly Highs. First Target is the area by 1.1250 and next Target is 1.1350 In my view it`s possible that fresh Sellers comes by 1.1250, this Sellers are important, for new fresh Highs. Good Luck Michael

Michael_Frank Updated 

I see a Bear Trap in the Price Range beetwen 1.1100 - 1.1160. I my View we see new Highs in the EURUSD. First Target is the Area by 1.1250 In this Area is possible that Short Trades comes in the Market with Stops above 1.1270. But I see not potencial for a big downside move, which change the upward Trend. Speculative Trader goes Long and carefully Trader wait the...

Michael_Frank Updated 

With starting this Week, the NZDUSD have make a strong upward movement. Last Week the monthly lows from April have held. In my view, the upward movement has a good chance of breaking through the Month's highs from March and April. The Entry for Longpositions is good between 0.6990 - 0.7040 First Target 0.7100 and the next Target is round about 0.7240 This Trade...

Michael_Frank Updated 

We see a strong Week in the EURUSD, with new Yearly Highs. Basically I see a bullish situation in the EURUSD - but addional I see a possible short Trade, for a short time, with good potencial for a winning Trade with 100 Pips and more. The Momentum of the last Week was strong and hard. After such a week, it often happens that the momentum simply reverses. One...

Michael_Frank

Short mit engen Stop