Forex Trader

As I wrote in my previous EUR/USD analysis in 2016., the pair could stay in this level until some major central bank decision. Well, we have FED interest rate decision today, but could today’s decision be the stronger mover here? I doubt, because the market is expecting for FED to stay with rates on hold. Monetary policy statement could move the pair

Reuters article is boosting the euro strong. As they write, the members of the ECB are sceptical about need for the furder easing in near term. The euro buyers took that news seriously and push the pair for 80 pips up, from 1.0850 to 1.0930 for now. As we can see, the 1.0800 support holds the sellers again yesterday and return

As I wrote in my previous EUR/USD analysis from January 04., that despite the bullish beggining of the year, the pair could fall down after it touched the down trend line, it did at the same day. But, the pair has find a buyers at 1.0710, near my predicted support and they have pushed the euro strongly up yesterday, again

Here we are at the beginning of the year. While the most of the market players are still on holidays, let’s see what do have at the most traded pair. The US dollar started the year weak versus the most opponents, here as well. Supported during the Asian sesion at aprox 1.0800 for third time, the pair reached down trend line at

But, it’s not that the bulls didn’t try yesterday. They have manage to make a turnover from 1.0565 and reached the high of 1.0641 quickly during the US session. The selleres were ready again and return the pair to 1.0620, where it holds during the whole Asian sesion in a tight range of 10-15 pips. In the European opening the pair fell

The euro has find buyers at 1.0630, near the low level in the last 12 years, 1.0460/500. For now, the pair rebounded to 1.0670, but there is a hard road on the way up. First strong resistance is here at 1.0670/80, the previous strong support for days, next one is just above at 1.0700/20. That level could be crucial for the euro,

Euro is trying to recover some loss, after 5 days in a row defending of 1.0700. As I pointed in my previous EUR/USD analysis, the pair has find sellers bellow 1.0850 and this is the first serious resistance on the way up. But, the buyers teritory is way above that level at 1.1150 and that is the level where the buyers

It’s not easy to get away from the bear hug, but the euro is trying. As I pointed in my last EUR/USD analysis from November 09. the pair has reached next support at 1.0650/80 yesterday, after wich the buyers have reacted and returned the pair up to 1.0773 high in this morning, but the sellers still have control here, you can