KN_FXtrader

KN_FXtrader

We are waiting the reaction of the price facing a strong long-term resistance

KN_FXtrader

Breakout wanted....!!! Just wait... :)

KN_FXtrader

IN MY OPINION THE PRICE LITTLE RETRACEMENT WOULD PROBABLY ENDS AT 1.13851 AND THEN A STRONG UPTREND MIGHT COME UP. MY FIRST TARGET IS THE LEVEL OF 1.15854 AND THEN 1.16481

KN_FXtrader

The price is in strong bullish movement and i think it is going to continue until 2.1064. See the daily graph for better understanding

KN_FXtrader

The price seems to retrace at the moment. A strong resistance exists at the level of 1.13648. Then the price could probably move down to 1.1121 or even more to 1.10644

KN_FXtrader

The price is retracing right now. However from the point i have draw in my chart we might should expect a price turnaround.

KN_FXtrader

As you can see my target was successfully completed!!!

KN_FXtrader

In short term, the price seems to be retraced a liitle but its downtrend will continue. Therefore, my prosolal is the one shown in the chart. I am waiting your comments...!!!!

KN_FXtrader

Euro will probably continue its falling trend, especially due to the recent QE that ECB announced. So my targets are presented in the chart. Take a look also at the weekly timeframe to understand it better.

KN_FXtrader

The price seems to retrace at the moment. Althought the trend seems to change (long term is uptrend) due to lower highs i believe that the long term trend line would be a sufficient support to boost the price again up.

KN_FXtrader

Check my previous analysis to comfirm that. Coming more in the future. Check the link below!!

KN_FXtrader

As we see a "strange" candlestick has been shaped. It is possible then to see an uptrend before the price keep on moving below as ECB policy seems powerless

KN_FXtrader

The price seems to come out of a retracement movement. The yellow cyrcle is our critical point, as it might pull the price back to the long term trend line before it continues its long term uptrend. However i think 181.00 is a realistic target so i suggest buying this pair.

KN_FXtrader

the forecast about EUR is extremely negative in my opinion. The problems that Eurozone can't solve may lead to an extreme fall of this pair. For example, the negative inflation is one of the most serious problems in Eurozone. ECB has taken many measure with any result at all. So, a new QE might be the next option. However, this could lead euro at very low points...

KN_FXtrader

THE PRICE SEEMS TO BE RETRACED AT THIS LEVEL THEREFORE OUR TARGET IS THE YELLOW CIRCLE. THEN THE PRICE WOULD PROBABLY CONTINUE ITS DOWNTREND....

KN_FXtrader

ANOTHER PROFIT TARGET REACHED!!!!....FOLLLOW ME FOR FURTHER SUCCESFULL TARGETS!!

KN_FXtrader

Another target reached. Stay tuned for more carts....

KN_FXtrader

As you see i did succesfully predict target 1 some days before. :) . Everyone who watched my analysis should ne aware of that