Over 20 years in trading
As I wrote in my EUR/USD analysis from last week, the buyers will try to attack this resistance one more time and they are here with 1.1492 hig for now. Despite this attack, it still looks like they don’t have enough strenght for this resistance and it’s a question can thay reach the huge stops above the 1.1500/35? We know
Read moreWhat an effort from the buyers, but 1300 is reached! On this level the precious metal was last time in January 2015. and last week was very important for the buyers. After 2 months closing bellow the monthly MA100, they finally closed the price above that level in April at 1292, what gives an additional power for them in the beginning of
Read moreUSD/CAD is falling from January and fall in total is more then 2000 pips until today. You can see that the pair is still sliding down over the support trend line, toward the possible support and turnover place in my point of view, near the 1.2400. I see that level as an possible reversal point and turnover from that level could
Read moreFED’s decision to stay on hold for sure gives the euro bulls hope, but as we can see, they are not so trilled with the current situation, shyly pushing the pair up in the last two days. This is technical resistance in this level near 1.1360/400 and there is huge sellers above the same. The question is, how strong the
Read moreBOJ’s decision not to ease the monetary policy furder despite bad inflation data returned the pair sharply last night for almost 300 pips in a 3 minute sesion, 111.68 > 108.73. After the morning’s press conference, the pair has fall furder with low at 108.05 today and slightly recovered to 108.35 in these moments. As you can see, gain from
Read moreMoving in between 1242 and 1251 for few times in the last three hours, the precious metal traders are showing that they are nervous before FOMC today and it seams that they are taking this decision quite seriously. As you can see in my analysis, gold is still in the some kind of neutral teritory, squeezed in simetrical triangle and there
Read moreAfter several days fighting with the trendline the buyers manage to close the pair above the same in the last week at 1.4412, with daily MA100 on test for the beginning of the new one. To be easier, the pair opened this week with gap at 1.4458, above the daily MA100, which has become support and after wich the buyers have opened
Read moreStrong selling interest at 1.1460 and 1.1380 from the previous two weeks returned the pair down to 1.1220 on Friday, where the buyers have stoped the fall. In the beginning of the new ‘FED’s week’, the pair is slightly recovered to 1.1260 high for now, where the first resistance is placed. Higher on the way up, the second stronger one
Read moreSure, exactly how I predicted and describe in my USD/JPY analysis from April 13. In the last week, the pair found resistance at the 109.30/60 level, as I wrote and the strong buyers were ready in the beginning of this week at the 107.60 level. I draw that weekly resistance level and trendline support last week and the pair moved
Read moreIn my last USD/CHF analysis from March 31. I have predicted fall to the support level at 0.9475/500, after wich the buyers should take over and push the pair up to 0.9800 and here is the result. The pair slided over the support trendline for a week until it didn’t touch 0.9500, where the buyers were ready and in the last
Read moreAs I see it, the sellers have took over while I was drawing my chart. Here is how the daily looks like and where the buyers have took over in the beginning of the week. 1225 was the strong support and the precious metal was boosted up strong in the last three days, all the way to 1270 today! A
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This is what I have predicted in my USD/JPY analysis from March 24., after the pair reached strong resistance area. This prediction was not only from the technical perspective, but because all the previous moves and developments in this pair, which I followed for weeks and what made me to see this possible move, analysis from March 17./18. as well. I
Read moreIn the last 14 months, the EUR/USD is moving true the 1000 pips range in between 1.0460/500 and 1.1460/500, except only one month in wich the pair reached 1.1712 in August 2015. I wrote in my monthly analysis from March 29. that the pair is closing the month bellow 1.1200/25 for 12 months, but in March 2016., the pair finaly close
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