EURUSD is touching the resistance line now, we can see that it has tried to break it but came back quickly. For bulls to feel better prices needs to be around ~1.4100, for now bears are hiding in a forest and while this is happening bulls are jumping. Resistance line has become important for bulls [...] [...more]
EURUSD remains in the same place and hardly moved from yesterday, a possibility of reaching 1.4113 price level still exists, even though it looks far away to go up. Bulls will get more confidence at 1.4000 price level. However, bears would get more power at 1.3800. In overall negative trend is valid, and look for [...] [...more]
EURUSD a trend has been broken sharply by long candle and now bears has taken the lead against the bulls. While resistance line is not broken selling action is better to take now. At the moment it looks like that it is creating another support line whereas prices can jump back from it to [...] [...more]
EURUSD didn’t break the trend line yet, so buying is on a table. If prices are going to break resistance line, then bulls will get more power even though they have already. Whereas bears will need to retreat. However if candles hits sharply a trend line, then waiting action is better to take. For positive [...] [...more]
Yesterday a dollar has hit to all pairs heads, including EURUSD. Even though it looked like a reverse, the trend is not broken and positive strength is still on a market. For now buying is still good option and there is a possibility of reaching resistance line at 1.4322 price level. TA.EURUSD 2009-06-04 TA.pdf [...more]
EURUSD is staying in a small box, and the trend remains positive. It is possible to see a movement down, but not for long. For bears to get their shape back the prices needs to reach 1.4037 level. This line of 1.4037 has become important for bears and bulls. If it is broken – bears [...] [...more]
EURUSD positive trend is still not broken, for that reason buying is better option however it should be done with a care because lately this pair is hardly moving anywhere. But until prices didn’t hit resistance line we are not thinking about selling. Positive trend is very strong and it will be very hard [...] [...more]
EURUSD is still climbing, it looks that eurusd got it direction since April 2009 of positiveness, and this strong movement is very stable and for traders is hard to turn opposite way. There are small reverses but soon or later that reverse ends up and turns back to it’s trend Positive. For now buying [...] [...more]
EURUSD 1.3900 was broken again from movement up, and is heading towards to resistance line at 1.4037. If prices are going to reach resistance level, a bounce back from it is still possible, like in the same way prices bounced back near the support line. Waiting is still on table and lets see in a [...] [...more]
EURUSD has confirmed a test of 1.3900 price level. At current situation a trend is neutral, this drop down might not last for long, a bounce back is possible. While prices didn’t hit the support line, for bears is very hard to get out from the dark. 37 Waiting is better option now to see [...] [...more]
