Over 20 years in trading
It’s a 3rd time that the bulls have reached the resistance level at 1290/95 in 2017. First time they have been rejected in April, second time in June and it will be interesting to see how this 3rd attack will end. In the previous week, they have been stopped again at 1292 and in this week, the bears have pushed
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After 5th bullish month in a row, the EUR/USD buyers finaly manage to brake strong resistance, which held the pair for more then 2 years. As I pointed in my previous EUR/USD analysis from July 18. this was a 3rd attack and it was successful. On the last day of July, buyers pushed the pair true the 1.1800 level, which
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Since January 2015, when the EUR/USD broke multy year support at 1.0800/650 the pair didn’t manage to recover above the same and it has spent two and a half years bellow. The buyers have tried to push the pair true that level fot two times, in August 2015 (1.1712 high) and in May 2016 (1.1615 high), but the sellers was
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The euro bulls failed to brake 1.1000 after Macron won the Franch presidential elections. Even the pair opened the week slightly above the 1.10, it wasn’t enough to brake the resistance and it start to fall immediately after opening on Sunday evening. The pair is falling for two days now and it didn’t stop until this up trend line at aprox
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I can’t help myself when I see something interesting and that’s why I want to share this with you. This analysis is our first official technical post as Aureus Invest. Basically, this is how I see this current level in the most interesting currency pair EUR/USD and I can tell that the same is on high importance for furder development here.
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I must write something about my favorite gold spot price, as I am looking at this terrible decline in November. The precious metal simply crushed after the US elections and it seems like there is no end of this fall. Can the sellers erase all gain in 2016 in December and return the price in the beginning? Well, it’s a
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Tough two weeks for golden bulls as US dollar buyers are serious in the market. That’s why the precious metal has almost licked 1200 today, with low of 1202.75 for now. That level is defended during the european sesion and gold rebounded for more then 120 pips, reaching 1216, where the sellers have took over once again, pushing the price down at 1209.
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The pair is falling for days after US elections and the sellers have reached weekly support level from January 2016 at 1.0650/700. This level could be important for furder move and if buyers fail to hold, 1.0450/500 will be the next target for sellers, the multiyear low and major support for the EUR/USD. As that could be third attack in the
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I am following gold and this move true the ascending triangle and I try to predict what might be the next move here. As it looks like, the buyers are in control in the last four days, but it’s not a rule that the move could be on their side, it could be slide as well if this up trend line will
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For the beginning of this artilce, all I can say is wooow! I warned of the danger before the US presidential elections and I didn’t want anything to analyze, it’s obvious that I was right. The latest moves on gold was brutal for everyone in the market and for all those traders who decided to trade, especially on the election day and this
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The buyers have almost reached my predicted target in this week, but it seams that the FED’s statement stoped the pair just several pips away from the goal. Sure, daily technical picture shows resistance area exactly at the point of return, at the 1.1120/30 and by looking that, this was a top level for now. Daily MA100 stayed untouched at the 1.1133
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Should I mention that everything exactly happened in this pair as I wrote in my previous EUR/USD analysis from October 21. Well, it did and I know that some of you (Mark) will be pissed off but… 😉 The pair bounced from 1.0850 and the buyers have reached 1.1000 today, the minor resistance, but it should be broken if they want
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I see that many of you (104 views) have sow my prediction on possible EUR/USD move during the ECB’s press conference, but I hope that you are well-read what I wrote in my analysis, not only look at the picture. Because, everything I wrote was exactly as I predicted. At first, the pair flew up at the resistance level 1.1020, where
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