Eduard

Eduard Updated 

Morning Traders! Yesterday the price reached the next support level arround 147,800, bouncing from there to meet the small bearish trend line doing a big doji on H1 TF. As the price has been rejected from the bearish trend line, i expect it to retest the support level (147,800). Once there, we will wait to see if the price breaks the suopport level or bounces...

Eduard Updated 

Morning Traders! Last week the pair ended reaching the resistance of the bearish channel arround 145,950. Price bounced hard from that upper channel line, breaking the next H1 support level arround 148,450. As the price bounced hard from the H4 resistance and breaked the H1 support, i'm looking for the price to reach the next support level arround 147,900. So...

Eduard Updated 

Morning Traders! Yesterday we saw a nice rally on the pair giving it to a supply zone. Today i am looking for a retracement of this rally at least at 50% fibonacci retracement.

Eduard Updated 

Morning Traders! Yesterday price didn't reach our target, forming what seems a H1 supply zone. The price bounced from there doing a new H1 lower high and higher low, forming a M15 triangle figure. I will only trade the triangle break out if it is a bearish break out becouse if it is bullish the target would be too small. So i will wait for a bearish break out...

Eduard Updated 

Morning Traders! In my opinion this past three days have been a little bit lazy for the pair in the european session, let's see if things change today. The pair bounced from a H4 support level, and it has been stuckedI between a H4 support level and a H4 resistance level, just in the middle. There, we can identify an M15 triangle whitch i think is going to be...

Eduard Updated 

Hey traders! Price has just breaked a H1 support and it is retesting it, so i think it's a good time to look for sales with our objective on the next H4 support level (arround 148,200). Good Trading! Traders!

Eduard Updated 

Morning Traders! Yesterday we were waiting to see if the price was going to break the H4 support level or bounce from there. It finally bounced and almost reached the 61,8% of fibonacci retracement level of the last bearish impulse. If we have a look at the H1 candles It seems that the bulls are exhausted and bears are back. So i am expecting the price to reach...

Eduard

Hey Traders! Price is on an interesting zone, concretely on a H4 support level arround 148,300. Just going to wait to see if the price bounces from there or breaks the support.

Eduard

Morning Traders! On wednesday we saw how the pair broke a major H1 support. The price has retested it and bounced from there to the next support level. Today the price is testing a H1 resistance (arround 149,200) that is coincident with the 61.8 % of fibonacci retracement of the las bearish impulse. I expect the price to bounce from that resistance level to...

Eduard Updated 

Morning Traders! The price is retesting a major resistance level (arround 150,100) that is coincident with the 50% Fibonacci Retracement level of the las bearish impulse. As it is a major resistance level and the 50% Fibonacci Retracement level of the las bearish impulse, I expect the price to bounce from there to reach at least the base of the bullish channel....

Eduard

Morning Traders! Last week we saw how the price breaked a bullish trend line and a major support level (150,100) after the BOE interes rate desicion. Today the prices is retesting the breaked trend line so i expect the price to reach the next support level (147,920 aprox.). I will be looking for short positions in a M15 TF. Good Trading Traders!

Eduard Updated 

Morning Traders! Yesterday we saw a really stron bearish movement on the pair due to the BOE statement. Even they decided to rise the interest rate BOE anunced that they are not going to rise the interest rate in a long time. That was seen as bad news by the investors and the pair plummet. Today we see that with that stron bearish movement the pair has broken...

Eduard Updated 

Morning Traders! Yesterday we saw a very strong bullish impulse in the pair, breaking a major H1 resistance level (150,000). Today the pare is beeing traded just below a major H1 resistance level (arround 151,200). In addition we can see what seems a bearish divergence between the price and the RSI. Today I am looking for the price to bounce from the major H1...

Eduard Updated 

Morning Traders! Price is doing a big acumulation just under what I see as a weak trend line and above a major H1 support level. As I see it there is not enough pips to trade between those levels. I am waiting for the price to reach the trend line and see what happens from there. If the price bounces from that small trend line, i will start looking for sells...

Eduard Updated 

Morning Traders! Last week price broke a major H1 support level and a bullish trend line with a nice bearish impulse. It looks like price has found resistance at another H1 major support (149,100 aprox). Price has testesd that support level and seems to be bouncing from there. I'm expecting the price to reach the next resistance level (arround 150,000) that...

Eduard Updated 

Hey Traders! Yesterday i was waiting the price to bounce from the major H1 support and trend line (arround 150.000). This level has been clearly broken, so its time to change our minds and look for sells. I expect the price to reach the next support level at 149.160 aprox. I will be looking for sells in a M15 timeframe. Good Trading Traders!

Eduard Updated 

Hey traders! Yesterday the pair broke a major H1 resistance arround 150.000 and 150.100, forming what I see as a bullish channel. If we apply fibbonacci to the impulse that broker the resistance, we can see how the broken resistance becomes a 61.8% fibo level, which is a really interesting level. So what i expect is the price to retest the broken resistance (now...

Eduard Updated 

Price bouncing from a major H1 support that coincides with the 50% fibbo of the last bullish impulse. Expecting the price to reach the next resistance level arround 150.000.