Over 20 years in trading
EUR/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
Read moreHere I am again, watching this this interesting EUR/USD monthly chart. As I can see, something will happen here soon and this is how I see it. 1.0800/50 is strong support for the 4th month in a row and this is already good level for long entry. Possible decline bellow that level could find huge liquidity and serious buyers which
Read moreI am still on vacation, but I am looking at the market from time to time and I’ve notice something interesting on gold. Sure, it’s not indicated what happens before, but it could be something worth to watch and consider about. Take a look at this levels and possible turnover here. 1070/80 is the key support for now, if gold
Read moreI am following EUR/USD at M5 chart, which is unusual for me, but take a look at my analysis here. How easy the bears are returning the lost teritory now, pip by pip. Like there is no buyers at all!? Even the pair has broke daily MA100 on the way up at 1.1018 and reach high of 1.1082, the sellers have
Read moreGold can’t catch the breath, the selling pressure is huge. You can see at my chart, that monthly MA100 at 1215 has blocked the gold on every attempt to recovery in the last 5 months. On the way down, 1131, the low from November 2014. which is low of the last 5 years as well, is the last support before furder decline toward 1080 >
Read moreUSD/JPY opened the week with -50 pips gap at 122.33 and that was the low of the day at my platform, from where the pair start to rise, broke strong resistance at 122.80/123.00 easy and it didn’t stop until 123.49, the high of the day for now, where the pair has found a resistance in the last 6 hours. Support
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