Forex Trader

Based on my analysis and predictions from yesterday, I am very satisfied with todays development at EUR/USD. The pair was supported at 1.0950/65 last night and finaly broke 1.1030/50 today, with high of 1.1177. The bulls have stoped for now at this level, but we could expect furder strenght. As I see it, the bulls are aiming 1.1280/300 as I already wrote,

EUR/USD is trying to brake 1.0900/30 resistance, but near that level on the way up, another is waiting at 1.0950/65 as well. This is not easy to pass true here at EUR/USD. Sellers are ready on every stronger move up, it’ want be easy to catch previous strong resistance at 1.1030/50. Bulls are looking strong and if they manage to brake

You surely remember my EUR/USD prediction from Thursday April 23. Well, the pair reached that level on Friday early in the morning with high of 1.0899 and since then, the pair retrets back testing the support at aprox 1.0810. As you can see, at the begining of this week the pair is moving around 1.0850, aiming that support again. If

If euro bulls manage to brake true the MA’s and true the trendline, boost could be strong here and shorts could be capted today. It looks preaty bullish for now, supported today at 1.0660/75 which was the previous support from April 21./Tuesday. Could 1.0900 be reached today, that’s how I see it, what’s your view!?

I am sure that Alexis Tsipras thought this will be an easy job for him, but he was wrong! Europe will not give up and Greeks will have to pay the debt, but that was expected in the begining. How else to win the elections, but lying to the voters. While Tsipras is wating for Frau Merkel today, Bloomberg is writing that

As I pointed yesterday in my EUR/USD analysis, the pair manage to brake true the 100&200 MA and touch 1.0800 today, the resistance level in combination with down trendline, which has push the pair back down true the 100&200 MA for now. Could these moving avarages hold the pair around that level or, the support at 1.0710/30 will be tested again?

EUR/USD find support at 1.0660/75 and after a few hours of consolidation, the pair returned 1.0710/30 level. I pointed at that support at my previous analysis but I tought it would be the minor support today. At this time the pair is testing 1.0765 level, the previous resistance from yestarday and level where the both H4/MA’s are placed, 100&200. It seams this

After more then 20 hours of pressure, US dollar manage to brake true the 1.0710/30 euro support and it’s still looking bearish, aiming to the lower levels. What do we have next? 1.0600/20 could be the next target for the USD bulls, 1.0670 is the first minor support, but they would like to take 1.0500 again, there is no doubt

Last week was interesting here, with wild roller coaster ride, but euro ended as a winner at the end. The pair has find the resistance at aprox 1.0820, with high of the week at 1.0848, where the trendline has stoped the furder gains. The euro has ruturned down at the begining of the week, aiming 1.0710/30, the first support level.

Euro manage to reached the first stronger resistance at 1.0710/30, with 1.0746 high during the Asian sesion, after wich has ruturned down sharply, all the way to the 1.0626 for now. As I can see the technical chart, this level aprox 1.0600 could stop this fall and, on the way to the recovery, 1.0670/80 could be the first resistance again.

Today’s ECB press conference was interesting, but not by the statements of leaders, while the female protestant performance. But, what about euro and the most trading currencie pair EUR/USD? During the day in fear of Mr. Draghi, the pair fell sharply to the 1.0570/80 support, but when Draghi didn’t surprise the market and when he wasn’t so dovish during the talk,

Old song, the euro is back again, testing the 1.06010/30 support. As you can see, the bears want’s lower levels here, there is no doubt about that. How low thay will get, 1.0580/90 or lower? We have ECB Interest rate decision today, is it possible that the market players expect the new measures from Mr. Draghi!? The trendline has moved now,