Forex Trader

If you take a look at my H4 chart, you can see an ascending triangle and possible break up, but only if the buyers manage to pass true the 1.1190/205 resistance. Possible target is 1.1260 > 1.1300. On the way down, H4 up trend line is holding first, daily the stronger one second at 1.1120/30. Let’s see what will happen

As I wrote in my previous EUR/USD analysis from February 12., I expect for the pair to slide back in this week and that’s how the week has began. Since Asian sesion opened, the pair is slowly falling and for now it reached daily MA200 at 1.1190. First minnor support is at 1.1150/60, follows the stronger one at 1.1045/70 after

Here we are a year latter, EUR/USD is on the same place. You can see the consolidation range during the 2015. in my weekly chart, in between 1.0460 and 1.1530. There was only one attempt to break up, or could we say to collect the stops, when the huge players have reached 1.1712 in August 2015. Here we are in

After few days of the consolidation in between 1.1100 and 1.1200, the euro is marching up again. The bulls are showing the will to go even higher and if this resistance at 1.1300 breaks, the next target for the buyers could be 1.1500 > 1.1700. I have pointed in this possible channel in my previous EUR/USD analysis and for now, the

EUR/USD is falling today because of the US unemployment good numbers from Friday and the US dollar buyers are little relieved in the beggining of the new week. Let’s see how and were will technical levels hold the fall and can the buyers remain in control after the last beautiful week for them. I have lowered my first support at 1.1015/45 from the last

After breaking a very important level, in wich I have pointed in my previous EUR/USD analysis, the bulls got wings and continue to push higher today with high of 1.1169. The previous resistance 1.1070 has become strong support now and 1.1300 is possible next target for the buyers. This could be a very interesting month for the most traded currency pair to which

I called this move before few days and I wrote in my headline: ‘Are you ready for the battle of the year?’ Only a day latter, the sellers tested the up trendline and support level again, after wich the buyers have took over and here we are today. Break true the strong down trendline, true the daily MA100 and resistance at 1.1000!

In December, I wrote that the EUR/USD could spend few weeks here around 1.0850 and I was right. Last week the buyers have tried something, but the sellers were ready again to calm the situation quickly on Friday, holding the pair almost unchanged in the last 6-7 weeks. The fall has stoped at the trendline near 1.0800 in wich I have

US GDP lower, US dollar stronger. Well, it’s not a surprise, I wrote yesterday that the battle between buyers and sellers here is strong and bears strikes back today. The pair reached my predicted down trend line yesterday with high of the 1.0967, after wich the sellers took over today, pushing strongly down toward 1.0800. Possible target for the sellers

As I wrote in my EUR/USD analysis yesterday, the bulls will try another attack on the strong resistance area and here they are today. Everything is setup for the battle of the year in this pair. In my point of view this will be something huge and most interesting to follow in the coming days or even hours. All levels I