EURUSD

Home / Archive by category "EURUSD"

EUR/USD

EURUSD dissected

EURUSD dissected

The EURUSD is showings signs of waking up from its downtrend slumber and pushing to higher ground. If this bullish momentum continues, I see 2 scenarios. The first is that the EURUSD would be trading upwards till at least 1.0910 before reversing. The other scenario would be the the EURUSD trading at a higher price…

Continue Reading
Prices at the edges in anticipation

Prices at the edges in anticipation

I scanned through the market and see that prices are now either at long term support or long term resistance. This is a typical pattern while waiting for big news to come. Here are the levels: US Dollar Index: 100.49-99.38, 99.38-97.69, 97.69-96.12 EURUSD: 1.1183-1.0890, 1.0890-1.0618, 1.0618-1.0094 EURGBP: 0.7166-0.6986 EURAUD: 1.6023-1.4855 USDCHF: 1.0163-0.9826, 0.9826-0.9550    …

Continue Reading
EURUSD sell hit target

EURUSD sell hit target

On June 24th, I gave the levels to short the EURUSD. On Monday this week, we had a gap down in the EURUSD and many expected the EURUSD to plunge further after the gap down. I admit I thought I had missed the sell EURUSD boat. However the EURUSD managed to reverse its gap and…

Continue Reading