EURUSD has created a new support and resistance lines. For now the candles are staying between 1.4131 resistance, and 1.3933 support line. For now the trend is neutral, but a strong negative trend can become active when candles will break sharply the support line. However, if prices are climbing above 1.4020 bulls can come out [...] [...more]
EURUSD ex-resistance line at 1.3997 was broken and positive trend has started, for now to break this trend, bears needs to push prices at least to the 1.3990 price level. At current situation bulls taking the lead and buying options can be considered. TA.EURUSD 2009-06-24 TA.pdf [...more]
EURUSD support and resistance lines remains in the same place, but support line is in danger and soon can be broken. A small gray box is formed, and if candles are going to break from it to the downside â bears will kick out the bulls temporally from a game. But for now trend is [...] [...more]
EURUSD, like it was stated before, did reverse and this action made channel broken. Selling action is good to take, there is a possibility to wait and get better price for selling rather than now. Bears are taking control once candles jumped out from the channel, quick movement down was strong. Long term trend is [...] [...more]
EURUSD step by step and heading towards the resistance line at 1.3984 price level. If candles are going to stay above 1.3960 we can be more confident about the bulls. At this situation trend came back to neutral status and we should wait for new possibilities. In a long run we can still see from [...] [...more]
EURUSD has hit and did break resistance line at 1.3934, for now candles are forming a little box from which later on strong trend will start happening. If prices are going under ex-resistance (1.3934), next stop can be at 1.3813 price level. However, for now trend is positive, but buying shouldn’t be done with closed [...] [...more]
EURUSD did break the support line at 1.3813, but bulls didn’t give up, it was a wake up call for them. If prices are going to stay under 1.3800 then there is a big chance to see a strong movement downside. However if bulls finds more forces to push it up to the 1.3900 price [...] [...more]
EURUSD has dropped below 1.4000 price level and it’s heading towards the support line. If bears are going to keep this position a break of support line is possible, this situation can be confirmed by a strong bearish candles. However bulls might not surrender so easily, a small fight against bears can be expected. For [...] [...more]
EURUSD did use another chance to reach resistance line at 1.4128, there was also a break but the candle did close under the resistance. This is the second time of touching 1.4128, if bulls are going to keep this position, today we can expect of witnessing a strong break of resistance price level. However, [...] [...more]
EURUSD had an opportunity to stay above the resistance line at 1.4128 but it failed. While supports holds it’s position at 1.3816 – market stays positive. This is the pair that stays in the middle of support and resistance and now it’s hard to predict movement. But in a long run positive trend remains and [...] [...more]
