Forex Trader

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

FED’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

Strong 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

In 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

And it looks like the sellers would like to take this support at 1.1300/20!? The pair is bearish for days after has reached 1.1437 high on April 01. In the last three days, the buyers are defending this support level returning the pair up each time, but the sellers looks persitent to broke this support. It’s a strong one and

Yellen knows how to ‘talk’ with the market, but reaction is the same with concrete actions by Central Banks, in the favor of the euro all the way. That’s why I wrote yesterday that I am expecting for the euro to go up again, but I didn’t see this is coming as reaction at Yellen’s speech. Well, I wrote as well

After the pair fell bellow 1.1200 in March 2015., there was no month in wich EUR/USD closed the same above 1.1200/25 and this is the 13th consecutive month in which the pair could also close bellow. You can see that there was several months in wich the buyers have reached higher levels, mostly 1.1500 in 2015., but the sellers are

The euro marching forward strongly today, after Yellen failed yesterday and the question is where this euro growth could end it? Is this resistance strong enough, starts from 1.1340 > 1.1375/90, or the sellers will retreet higher toward 1.1500? Who can tell, the market is  unpredictable in the last few days after the ECB’s messures and FED’s ‘not’ messures. This is

The market was expected rate hike from FED and this reaction is a proff. Because, there was no changes in FED’s policy today. The euro is back to 1.1220 and it’s possible to go even higher if this resistance breaks! I wrote in my yesterday’s EUR/USD analysis that, the euro buyers wont give up easily and pointed in this trend line from

But, this is strong technical resistance here at 1.1120 and it’s not easy for them to break true and reach short stops above that level. It will be interesting to see how the market players will set up this pair before FED’s interest rate decision tomorow. EUR/USD is realy hard to trade for months, but the technical works fine most of the