Over 20 years in trading
1.1295 is the 23.6 fibo return of the huge 1.3993 > 1.0461 EUR/USD fall. After the pair didn’d manage to reach 1.1450/60 resistance, it slipped back true the 1.1380 > 1.1340, reached 1.1304 low for now. There is H1/MA100 and 200 placed at 1.1297/1.1293 as well. It seams that the fear of the Greece deal failure has returned. If this
Read moreGold buyers are finally woke up and showed interest in precious metal today. From low of the day at 1183, gold reached 1203.44 high today for now, brake true the daily MA100 at 1200. This level is previous resistance from June 01., daily MA200 is placed at 1207, down trend line at 1211. Is this enough for one day or gold bulls
Read moreThe bulls are holding the pair under control between 1.1380 and 1.1420 for the last 6 hours. After weaker US CPI the pair tried to brake true and reach 1.1450/60, but it didn’t manage. As I wrote, the previous strong resistance now support at 1.1380 is holding on the way down, 1.1330/40 is next support if the pair retreat back.
Read moreThe Pound has returned 50% loss of the huge July 2014. > April 2015. fall, with high of 1.5929 for now. Even the pair was near this level before 5 weeks, 1.5800 was to much then and US dollar bulls has retuned the pair down to 23.6 fibo at 1.5170, to the level which has supported the British currency in the
Read moreInteresting day, isn’t it!? EUR/USD fell down to 1.1200 support once more, after wich the pair get wings during the Fed’s Yellen press conference, reached 1.1357 high for now. Regardless of the strong bullish trend, the euro didn’t manage to catch 1.1380/90, the previous resistance from June 04./06. Could it be reached until end of the day? 1.1350 is the
Read moreThe pair is under strong pressure for 6 hours, reached 1.1208 low for now after 1.1328 high in the morning. The reason? There is no particular reason as I know, but I wrote today that, this will be the hard fight between bulls and bears here and someone will be busted at the end. Today, the ‘small longs’ were busted.
Read moreEUR/USD jumped almost 100 pips and returned back 50% for now, but as I see it, the buyers are ready to bust EUR/USD shorts here. Sellers are ready and waiting at 1.1340/50 > 1.1380/90 > 1.1450/60, they will not give up easy. Buyers have a little bigger teritory 1.1250/60 > 1.1180/200 > 1.1150 > 1.1030/80 and they have advantage for
Read moreThe bulls are trying to brake 123.75 for third day in a row and they wan’t give up. In the last two days, Friday/Monday, the pair was supported at 123.13/14. Fantastic accuracy beacuse only one pip low difference in two days, but on the other side, the sellers are ready here at 123.65/75 as well and they are serious. Is this
Read moreIt was interesting Friday, isn’t it? EUR/USD get wings after the pair touched H4/MA100 at 1.1150 anf fly high all the way to 1.1296, after wich the pair retreated back to 1.1253 and close the week. Well, news over the weekend wasn’t optimistic for the Greek deal and the pair opened the week with 24 pips minus gap, at 1.1219.
Read moreFrau Merkel try to brake the euro today, but the european curency wan’t give up and it celebrates possible Greece exit from the EU!? 1.1150 stoped the fall today, (H4/MA200) and the pair rebounded stongly up, reached 1.1240 high for now, but it seams that this is not all we could see today. Down trendline is holding, but who know for
Read moreThis 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
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