The euro leaves part of the gain realized yesterday in the trail of good indication came from the German ZEW...
EUR/NZD: Short position at higher level. The EUR is having a pull back on different pairs but remains still a weaker currency and this offers an opportunity to take a short position on the EUR/NZD which is having a strong pull back also. At the time of writing the most recent high of 1...
US DOLLAR TECHNICAL ANALYSIS Prices may be gearing up for a turn lower after producing a bearish Dark Cloud Cover candlestick pattern. Near-term support is at 11211, the 23.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 11143-55 area (October 3 high, 38...
D1 price is on primary bearish with secondary market rally...
D1 price is on ranging market condition within primary bullish to be above Senkou Span A line which is one of the border of Ichimoku cloud/kumo. W1 price is on secondary ranging within primary bullish: Tenkan-sen is above Kijun-sen for bullish Nearest resistance level is 0...
D1 price is on bearish market condition with 1.5592 support level. W1 price is on primary bearish with 1.5592 support...
This morning the euro has recovered against the dollar after it fell yesterday afternoon followed the words of the Dragons, who have rekindled speculation of new expansionary measures by the ECB. The euro / dollar is trading at 1.2471 / 73 from 1...
D1 price is on primary bearish with secondary market rally...
Technical Analysis USD YEN November 14 -17 2014 The yen is in free fall -10% in a month! Of course the technical approach is positive, and USD could go up also for the next week.... The weekly resistance is located at 117.80 area, after which USD could go up to 119.80 to 120...
EURUSD – Germany avoids recession The EURUSD spent the majority of the week consolidating between 1.2418 and 1.2494...
D1 price is on primary bearish with secondary market rally: Chinkou Span line is very near to be crossed with the price from below to above for good breakout Senkou Span A line as the border of Ichimoku cloud/kumo is located exact above the price for now; if the price crosses this line so we may...
The dollar leaves the maximum of seven years against the yen fell to 117.06 yen after the data showed that Japan is in recession. On the stock market slide as a result of the data, the US currency has, however, abandoned the maximum. Around 8, the euro is worth 1.2533 / $ 35 from $ 1.2521 and 114...
D1 price is on primary bearish with secondary market rally: Chinkou Span line crossed the price on open D1 bar from below to above for good possible breakout. D1 price is crossing Senkou Span A line of Ichimoku indicator to be inside the cloud/kumo for ranging bullish market condition...
EURUSD is on consolidation between the 1.2360 and 1.2500 trading band continues, with clear cues from candlesticks lacking. Yet in the context of a medium-term downtrend the pair may be set to revisit the recent lows near 1.2360. Beneath which would put the August 2012 trough at 1.2250 in sight...
After using TA charts for some time on Forex just like with stocks it became very clear that there is a benefit with Forex not present when trading with stocks. This should be made visible and materialized in some way...
EURUSD Weekly “Near term, price action since the October low likely composes a 4th wave correction within a 5 wave decline from the May high. Allow for additional sideways trading in order to complete wave 4 before a new low in wave 5 targets 1.2400 or 1.2315...
In this article I will provide my view on the EUR/GBP, AUD/USD and the EUR/NZD. These are the pairs that I am currently interested in or was interested in last week for trading with the Hybrid Grid strategy...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published already this weekend. The favorite pairs in the Top 10 of this list are being analyzed in more detail here...
Besides the Ranking and Rating list provided here I have also prepared this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my Review on the Hybrid Grid strategy...
