Over 20 years in trading
This chart is showing where the buyers are placed for now, at 1.1180/200, exactly as I pointed in my previous EUR/USD analysis from June 09. But, how much they can hold this line of defense? We can see, that the sellers are serious and they don’t give the opportunity to recover today. On the other side, theese three up trend lines are
Read moreKuroda had crashed Jen early today with his mixed comments, Amari recovered the Japanese currency latter. After Kuroda’s speech, USD/JPY fell for almost 200 pips and stoped the fall at 122.45, after wich the pair had halted there for a while, until Amari didn’t said, that Kuroda’s speech is misunderstood in the market!? Well, what ever that means, USD/JPY has recovered
Read moreI wrote in my ‘NFP eur/usd’ analysis in Friday that the pair is at the buyers teritory again and that reversal is possible from 1.1060. That’s exactly happened yesterday when the pair has covered complete ‘NFP loss’. Early today, the pair made a new high at 1.1344, after wich has reatreated to the minor support at 1.1250/60 for now. Sellers would
Read moreAussie aproached six years low and it’s possible to test it again. Last week the pair already was near, but it bounced up strongly on Monday from this 0.7600 level, reached 0.7820 high, where the sellers have taken over the pair and returned it stronly down to 0.7600 again, where the pair closed the week near. At the begining of
Read moreI write this blog as a hobby when I have time and this is a result in the past few months. When I look at my stats, all I can say is, it’s worth to spend my free time here for you. I want to thank you all for coming and reading my articles, from more then 100 countries in
Read moreThird bearish week for the Pound, but daily MA100 hold the pair on the way down for three times this week at 1.5170. In this week, the pair has closed almost at the opening level, 1.5268/1.5283, but weekly range was almost 300 pips. The buyers were ready at Tuesday after wich the pair has touched daily MA100 and previous support level
Read moreBut, can the buyers defend this level now, or the sellers will manage to brake true!? Well, it will be interesting to see this batlle now because, all the way to 1.1000 could be filled with long orders and turnover from this level is possible. Strong 280K NFP data pushed the US dollar all over the market, but unemployment rate
Read moreIn about 15 minutes, NFP and US unemployment data is comig up. Be careful, sharp moves are possible in the market. Previous numbers 223K, consensus is 225K. Unemployment rate is 5,4%! Strong numbers, (over 250K) coud push US dollar strongly up. Lower (bellow 180K) could damage US dollar same way. Let’s see!?
Read more1170/80 was solid support for several times at gold, but it looks like that gold buyers are retreated to lower levels!? If this support breaks, 1132/42 could be serious test for gold, the previous support from November 2014. and March 2015. If sellers reached that target, it will be the third attempt to breakthrough. In that case, the gold could strongly bounce
Read moreAccording to Bloomberg, Greece will not be paying the IMF payment of 312 million euros tomorow. Is that surprise or!? Of course that news like that has ‘disturb’ the EUR/USD on the way up and returned the pair down to the 1.1222 low, erasing the whole gain from today. 1.1300/10 support didn’t manage to hold and the pair pass true
Read moreThe bulls are serious for third day in a row and they have pushed the euro true the 1.1310/20, for now reached 1.1379 high today. This level was resistance from May 06./07./13., on the previous 1.1450 attack. If that level will be broken, next target for the bulls is previous resistance at 1.1450/60, follows 1.1500/35, the resisistance from February 03./04./05./06.
Read moreImagine this, the euro went up after Mr.Draghi and this is the second time in a row after his speech. Well, I was pointed at this support 1.1060/80 in my morning EUR/USD analysis and that was the point of bounce after Draghi was answer at the question about growth. Even the Draghi was more dovish then hawkish in his answer,
Read moreECB leaves Interest Rates on hold at 0,05% that’s not surprise, but there is ECB Monetary policy statement and Press Conference in about 15 minutes, there could be a sharp moves when Mr. Draghi talks!!! Dovish talk from Mr.Draghi could damage the euro you know that, be careful if you are in the euro positions with tight stop loss-es! I
Read more
Forex Trader 