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1.1820 has stop the fall yesterday and the pair has recovered at the end of the day. Today, the pair looks promising as well, after the trendline was broken EUR/USD reached 1.0950 high for now. You can see that 1.0960/70 could be the minor resistance now, trendline is placed at aprox 1.0980, H4/MA200 and next resistance at 1.1000/30. Could it
Read moreUS dollar smashed the euro in the last several days, breaking important supports, but as we can see, there is no serious buyers for now. This level aprox 1.0790/820 could stop this fall for a while, but there is possible daily H&S formation if that support breaks. For that, EUR/USD must reached 1.0500 again. On the way up, 1.0900/20 could
Read moreTough week for the euro. The pair opened this week at 1.1445 and went up only 1 pip, after wich has start to slide down and ended the week at 1.1007. Interesting is that, there wasn’t stronger support until 1.1060, the previous support from begining of May. Rebound has stoped at 1.1200 and after slightly better then expected US CPI,
Read moreIt’s a pity that my buy limit wasn’t ‘caught’ yestreday after FOMC, the pair rebouded nicely today with high of 1.1180. I will cancel my order now, while I have another position open at gold. You can see, that 1.1140 supported the euro today at smaller time frames, but not at H4 for now. Could the bulls hold this level now?
Read moreEUR/USD is still bearish, but I decided to close my short at 1.1085! I took 50 pips in this short and that’s exactly how much I will risk in my setup from this morning. Why I close this short here? Well, as I wrote this morning, this is the buyers teritory here at aprox 1.1060 and, as you can see, I
Read moreAs I pointed at my trade, 1.1090 supported the pair and euro jump up to 1.1110, but there is two lines and resistance which is holding on the way up and that’s why I am still short. Let’s see could this minor support at 1.1090 be attacked one more time? One of my friends notice here a possible H&S and he
Read moreBased on my previous analysis, setup and expetation, I am short in the EUR/USD now and I will try to take this trade. You can see why I opened my short here at 1.1135, with tight SL, moved now at BE after the pair broke 1.1120 again. Market is nervous in the expetation of FOMC today, anything could happen. It
Read moreI will be patient today and wait with my long under the 1.1060 support. As you can see, 1.1120 has become resistance after the pair close H4 candle bellow, the level has been tested for several times during the morning. EUR/USD is showing a little bullish momentum at the smaller time frames (M15, M30, H1), supported with up trend line for
Read moreThe euro can’t catch a breath! The bears are too serious and they have reached 1.1060, my predicted ‘last important’ support at EUR/USD. As you can see, this level stoped the fall for now, but what next? Could this pair continue this fall furder? Well, 1.1130 is broken, but it’s not confirmed. H4 candle could close above and that could
Read moreMy SL is hited at 1.1170 with this last decline, I am out of the trade. This was a hard batlle at 1.1180 but unfortunately, US hausing starts data report boost the US dollar one more time and the pair fell at the new day low, 1.1138 for now. Could this fall continue furder? It seams it could, but watch this
Read moreSellers have taken over the pair at 1.1215/20, I pointed that level at my entry, let’s see could buyers turn up again. Like I wrote before, H4/MA100 is placed here at 1.1200 as well. 1.1180 could be the support if the pair fell lower. It’s interesting for sure. My SL is in danger now! I will leave this trade and I
Read moreI will try to trade EUR/USD today. Based on my analsis from this morning, after this decline I decided to wait and enter long here at 1.1196. SL is placed at 1.1170 for now. Let’s try to take this possible fully return up. First resistance on the way up is 1.1215/50, the previous support from May 12./13., there is H4/MA100 here
Read moreI wrote in my EUR/USD analysis from May 14. that 1.1380/450 is the sellers teritory. Here we are only few days latter, the pair broke true the first support at 1.1280 easy after the ECB’s Coeure talk and reached 1.1159 low for now. Decline has stoped with Daily MA100 for now, support and buyers are waiting at 1.1060/130. Could that level
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