Forex Trader

That was quick, 1.1130/40 supported the pair and pushed up strongly to the previous resistance near 1.1220, after wich the trend line retuned the pair down to the 1.1170, support for now. I was pointed this two levels in my previous analysis. What next? The pair looking bearish and if the bears can attack 1.1130 again, it may be broken. It

Not only that the pair is cooling off, it’s selling off hard! Well, some corection after yesterday’s abnormal growth was expected, but this start to looks ugly, again. 1.1130/40 is next possible and very important support after wich sellers could get more strenght and push the pair down to 1.1050/80. Well, if that happens, everything is possible, roller coaster ride

Amaizing performance and clear up trend today. Not only that the euro has covered complete loss of the Friday/Sunday opening to 1.1170, while the euro has reached 1.1204 high for now, with no retreet at all. Step by step up each now and then and here we are. There is no sign of weaknes at all, 1.1170 is first support

I am following the pair since opening last night, but still can’t find concrete technical levels to write about. The opening was fantastic with more then 170 pips gap in favor of the US dollar, at 1.1000. The euro has find decent buyers 50 pips bellow the opening level, at 1.0950 and after that 1.1000/20 was resistance until Europe was open. Surprise

And, that is the reason why I always talk about technical levels. There was so many news about Greek deal in the last three days, mostly bad ones and what happen with the euro at the end? Nothing! In my last article on the Greek crisis, which I wrote on June 22., I wrote that I will ignore all the

EUR/USD is moving based on the news on the wires and on every new ‘surpise’, if there is any, the pair is moving strongly down/up! But, the technical levels are still holding. 1.1150 hold the decline and 1.1220 hold on the way up. The bears are reacting strong on every bulls attack and return the pair down under the 1.1200.  However,

The levels are clear and accurate as they can be, in 1 pip. Strong support today, first at 1.1185/95, after at 1.1170 for hours. The pair jumped in the last hour, but trend line stoped the euro at 1.1220, where the previous resistance was placed today, another trend line as well. We can’t say that the euro is bullish today,

The pair has recovered from the lows and reached 1.1234 high for now. I point this 1.1150/60 yesterday in my analysis as possible support and reverse point. You can see, that the pair has struggled with the 1.1200 level in the morning, but it manage to brake it and now is aiming to 38.2 fibo return of the yesterday’s sharp fall.

With low at 1.1134, the EUR/USD fell over 200 pips today and the sellers are still in control over the pair. The euro is trying to recover and it reached 23.6 fibo return of today’s fall at 1.1197, after wich has retreted back again at 1.1160, where the minor support is placed for now. Amaizing pressure on the pair today, I

At least for now, the pair is looking extremely bearish. 1.1180/200 could be the next target for the bears, H4/MA 200 is placed at 1.1190, follows 1.1150, the previous support from June 05. EUR/USD has broke two trend lines in this latest decline, 23.6 fibo as well in the morning. Could the pair recover from this level? Technicaly, the pair is

It’s not surprising that EUR/USD is moving like a roller coaster, ‘the Greek news’ changing the direction each hour. Failed documents from Greek government, not failed, the deal is near, the deal is not near… It could be a wild up/down ride until. On the other side, as I always write, technical still works and the support/resistance levels are still

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

The 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.