Forex Trader

I was pointed at this trendline yesterday, in my EUR/USD analysis. After the trendline was broken, the pair test it from the outer side, after wich the euro was pushed strong higer to the first resistance at 1.0610/30. That level was taken over after a short pause, and 1.0670/80 was next. You can see, that this level is broken at H1 as

If we take a look at smaller H1 time frame, we could see how technical ‘works’. Downtrend channel push the pair down, step by step all the way to 1.0520, where the pair has found current support. I mention that level aprox 1.0500 in my previous analysis, as an possible first line of defense. Could Euro bulls reverse the situation

Euro has tried to brake 1.1050 for several times, but that level rejected each bulls attack in the last 30 days, after wich the pair turn into red month again. The 10-th in a row for now! The bears are aiming to the previous supports from March 11./12./13. at 1.0460/1.0500 and if the pair came there, that will be the

Even the pair has rejected from the trendline up from 1.0800, it didn’t manage to pass true 1.0886 yestreday, after wich has just slided down true the support. For now, EUR/USD reached the low of 1.0730 and that is the buyers teritory all the way to 1.0700, which is previous strong support from March 31./April 01. Could that level hold

I am back and EUR/USD is back too. The pair has rejected from the 1.1040/50 resistance for the third time in the last couple of weeks. If the pair manage to get back up again, for the 4-th time, that resistance will probably be broken. There is previous support at 1.0800, H4/MA100 and up trendline as well. Could that level

Euro is falling slowly for few days and based on this analysis this is obvious downtrend, supported at ’rounded levels’, first it was 1.0900, follows 1.0800, now at 1.0700… Could the pair reach 1.0600? If euro manage to brake this down trendline and push true the 1.0800/20, higer levels are possibles, this is how I see possible development. Otherwise, if 1.0700 brakes,

I wrote in my EUR/USD analysis from Friday, that 1.0900 brake coud be fail brake based on rumor and so it was. After that, the  euro resisted yesterdays US dollar strenght, but didn’t manange to hold today. First, support at 1.0800 eased, 1.0750 after and US dollar pressure push the pair down true the support and H4/MA100 at the low

There is a rumor about Greek capital control circulating, but who cares is this move because of that or not!? 1.0900 is broken strong with high of 1.0948. Well, this could be a fail brake based on rumor, but I wrote in my yesterday’s EUR/USD analysis that this up trendline could stop the fall and push the pair up again

I wrote in my yesterday’s EUR/USD analysis that the buyers could test 1.1050/70 and they did it during the morning. The pair touched a new 15 days high 1.1051, after wich the sellers have taken the control and push the pair back. The strong pressure on the 1.0900 support was maintained for 4 hours and the buyers gave up from that

As I wrote in my EUR/USD analysis from March 20., the pair will try to cover ‘the FOMC day’ again, and it’s almost did it in complete. Yesterdays high was 1.1029, just before US CPI data, when the pair had returned to support at 1.0900. That level had defended again and today is aiming up again with 1.0973 high for

EUR/USD opened the week at 1.0859 and retreet back during the Asian sesion at previous support from Friday 1.0750/70, which push the pair up again to 1.0820/30. But, you can see at my chart, that H4/MA100 is holding the pair on the way up to push stronger. The pair looks bullish during the European sesion aiming the next target/resistance which

I mentioned this up trendline as an very important support for the EUR/USD and it’s seams that it works. With minor fail brake under 1.0670/80 the pair is awake today and trying to recover from the huge loss. Until now it manage to catch 1.0773 and this 1.0730 level coud be minor support now. Could the pair catch 1.0810/20, the first

What a day, what a night, what a morning at EUR/USD, wooow! Well, I warned that there will be sharp turnovers everywere and here we are today, back to the begining. It’s not weird and for those who are longer on the market this is usual development after important events, like we had yesterday. Technical levels stop the EUR/USD yesterday,