EUR USD Technical Analysis EUR/USD succeeded to stay up above 1.1350 support, break up again on a daily basis 1.1630-price level will confirm medium term rally resumption and target next key at 1.1860 and even 1.2080 However, sustained price below will extend the consolidation pattern from 1.2091 with another decline through 1.1350 support- break again last lows will confirm for…
EUR USD Technical Analysis EUR/USD succeeded to take out 1.15 support, break up again on daily basis 1.1760-price level will confirm medium term rally resumption and target next key at 1.1860 and even 1.2080 However, sustained price below will extend the consolidation pattern from 1.2091 with another decline through 1.1350 support- break again last lows will confirm for more downtrend…
EUR USD Technical Analysis With your permission this time, I will start with Eurodollar borders because I think this shuffle begins to confuse the traders in making deals and unnecessary tradingThe assumption is very simple at the moment: In the long run, I’m bearish on the pair and I think it will go down to check the open gap which…
EUR USD Analysis As I wrote last post EUR/USD we will see retracement – closed daily above 1.1430 will lead to 1.1630 and even more up targets such as 1.1670 and even 1.1740 As I said the last post – look closely we can see head and shoulders pattern EUR/USD succeeded to take out 1.15 support, break up again on daily…
EUR USD ANALYSIS EUR/USD still traded below 1.15 after reached last week all the way to 1.1300, from that level we can see retracement – closed daily above 1.1430 will lead to 1.1630 and even more up targets such as 1.1670 and even 1.1740 As I said the last post – look closely we can see head and shoulders pattern…
FOREX MARKET TECHNICAL ANALYSIS EUR USD ANALYSIS EUR/USD traded narrow strip since May If we will look closely we can see head and shoulders pattern: Head and shoulders pattern is a trend reversal chart pattern found after an uptrend or downtrend. There are two types of head and shoulders pattern: a standard head and shoulders pattern and an inverse head and…
NZD/USD Technical Analysis For two years now, the New Zealand dollar has been treading a region of 500 pips from the upper limit to the lower border, when it will end and where it will probably lead? All the signs for my opinion indicate lower numbers ahead -continue weakening New Zealand against the dollarWe can see that apart from the…
USD/JPY Technical Analysis Although the jpy succeeded in crossing the hurdle of 110.30 to the dollar and even reached the level of 111.34… And this big but closed the trading week below 110 levelNow the situation is not certain and we may have seen a false breakthrough hereIf U.S.-China trade negotiations or U.S.-North Korea peace talks cancellations/ develop in a…
Financial markets and currencies show nervousness… Get ready for something big in the marketsFX is very nervousThe movements we see are movements of something big beneath the surfacethe dollar made a big move on most of the pairsSome broke low and some did notGet ready for repair – a probability of over 70% that it will start todayI’ll update and…