Monday, 30 October 2017

EUR/US - Currency

EUR/US -  move over 1.1610 will indicate the presence of buyers. If this creates enough upside momentum then we could see a rally into the 50% level at 1.1702. Happy Currency trading

Thursday, 12 October 2017

EUR/US Forcast

A sustained move under 1.1850 will indicate the presence of sellers. This could lead to a quick break into a steep uptrending angle at 1.1828. This angle has guided the market higher since October 6.

Tuesday, 26 September 2017

EUR/US Trading

With current price at 1.1783 and the earlier price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the uptrending angle at 1.1801.
Move under 1.1801 will indicate the presence of sellers. The daily chart indicates the next target angle comes in at 1.1731. This is the last potential support angle before the 1.1661 main bottom. Happy Forex Trading

Monday, 18 September 2017

EUR/US Forcast

Momentum takes it higher then look for a move into a short-term 50% level at 1.1965, an down trending angle at 1.1972, followed by a short-term Fibonacci level at 1.1995. Taking out 1.1995 will indicate the buying is getting strong. Happy Forex Traders

Tuesday, 12 September 2017

EUR/US - Currency Trading

EUR/US: holding 1.1926 and overcoming the 50% level at 1.1958 will signal the presence of buyer. This could drive the market into an uptrending angle at 1.1983. Happy Currency Trading

Wednesday, 9 August 2017

USD/JPY - Dollar to Japanese Yen

110 level starts to look very much like a bottom from where I stand. I believe that were to go looking towards the 112.50 level above, but it’s the take a while to get there.

Friday, 28 July 2017

EUR/US - Currency Trading

With current price at 1.1711 and the earlier price action, the direction of the EUR/USD will be determined by trader reaction to the uptrending angle at 1.1678. Happy Currency Trading

EUR/US - Currency

EUR/US -  move over 1.1610 will indicate the presence of buyers. If this creates enough upside momentum then we could see a rally into the 5...