Over 20 years in trading
Last week was furious at EUR/USD. The pair opened the week at 1.1370, fly high immediately on Monday to 1.1712 after wich the easy fall has started. Previous strong weekly resistance at 1.1430/70 stoped the fall and reject the pair up to 1.1550, but that was the only support after wich the sellers have took over the pair again and reutrn it down,
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Read moreEUR/USD has fall to 1.1300 and it has erased 61.8% of the 1.1020 > 1.1715 gain, easy with not much support yesterday. Previous strong monthly resistance at 1.1420/70 fall easy in Monday, but the US dollar bulls has return that level back. Well, the 1.1280/300 hold for now, as you can see, there is 23.6 fibo as well, the level from
Read moreThe Pound is falling like a rock and it looks like there is no end, but this level may stop this fall!? First there is outer level trendline here at 1.5514, second one is up trendline at 1.5485, strong previous support at 1.5430/70, daily MA100 at 1.5462… Is there anything else available on the tech charts? I don’t see it. Huge
Read moreSure you’re remember my gold analysis/predictions and my predicted possible target for the bulls, yes it happened just like I say it would. After gold was hit at daily MA100 and 1163/68 level, that was it for this time. You have notice for sure that, the gold didn’t react on the US dollar breakdown on Monday and that was the first sign
Read moreEUR/USD is in the selling pressure mode for the last two days, searching for the buyers at aprox 1.1400 and they are there. As I see this, the market players are still in some kind of shock, they didn’t expect this on EUR/USD and they don’t know what to do now!? Who was talking about huge ‘up move’ here beside me,
Read moreYesterday’s panic button crush the pair down for more then 4%, what was the biggest daily fall since 1998., but the pair has found buyers near 116 and recovers until end of the day to 118.20/30, where the buyers have formed the new strong support, exactly at 23.6 fibo return from the 124.50 > 116.15 fall. Today, the buyers have
Read moreAre you surprised on the latest moves? I am not! I wrote about this in my EUR/USD analysis from August 08. You have seen my analysis from Friday as well, everything was set properly for this attack of 1.1420/70 and the euro bulls have took the advantage of the weak US dollar. Well, here we are today, we have new levels here, the
Read moreThird bullish day in a row after FOMC and euro has reached 1.1300 today. There is minor resitstance here which euro must handle to try daily MA200 at 1.1344. Brake or closing the week above that level could give the euro additional power and bulls will attack 1.1420/70 once again, after 4 fails. On the way down, first minor support
Read moreI am sure that you remember my gold analysis and prediction from July 31. Well, here we are today, 1140/50 is reached, but is looks like that the bulls would like higher levels, to take those short stops at 1160. After yesterday’s FOMC, it seams that gold looks shine again, let’s see for how long. Here are the resistance levels,
Read moreEuro is trying to recover after a 4 day loss in a row, but daily MA100 is on the way now at 1.1050 and it’s not easy for the bulls to return this teritory today. There is also M30/MA 100 at aprox 1.1060, H1/MA200 as well. That is the first resistance area today, second one is waiting at 1.1100/30, strong one at
Read moreHuge selling pressure continues at AUD/USD in wich Aussie can’t recover and 0.7500 remain untouched in the last 6 weeks. First buyers are placed here at 0.7300/20, biger ones are waiting at 0.7200/50. Sellers are ready at 0.7400 all the way to 0.7500 and that will be hard to brake in the up coming weeks. Could we expect that a range
Read more1.5640/80 is holding the Pound on the way up for six weeks in a row. Well, that is resistance! Is it possible for Pound to retreet and collect some strenght lower and try again? As we can see, from this level it ain’t working and that could be the next possible move here. Daily MA’s 100&200 are ‘connected’ now and
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