KN_FXtrader

KN_FXtrader

The price is moving up retracing after a new low. I think the yellow area is a good level of opening short positions. Let's see...

KN_FXtrader

The price made a NEW High and then retraced to the long term bullish trend Line. ow it is starting moving up for the time, again. I think we would see a comeback from the buyers. Strong resistance area at 1.5543/1.5557.

KN_FXtrader

The pair is moving in uptrend . We now see a retracement move. It is now facing an area of many supports. We now should wait to see if the price return at its main trend or the retracement would be bigger.?! Personally, i think that this is a level were buyers would return.

KN_FXtrader

The price is now facing a strong resistance area. Buyers obviously trying to pull the price back to 1.1200, whereas sellers is targeting 1.1000 or lower. This week is about to be very 'hot' for this pair and we should keep an eye on every announcement that comes up. Buyers is at a weaker position of course, but they seems to be strong till now. There might be an...

KN_FXtrader

We can clearly observe the bulls strengh, although the uncertainty inside eurozone is high. In such conditions buyers are managing to keep the price in bullish trend. However the level of 1.1391 seems to be a strong resistance. Buyers target is the previous high level at 1.1463. It seems like bulls are attacking and bears, based on Greek problems, are defending...

KN_FXtrader

The price is finding support at 50% fib level ( 137.879). We can see a Flag pattern, therefore my target would be the 144.062 level which is the 100% fib extension level.

KN_FXtrader

The buyers are keeping the price above the area of 1.1212/1.1203. Although the concerns about Eurozone are becoming more tensive (because of Greece), the pair is finding buyers in that area. Their target is the level of 1.1300( psychological level), the 1.13286 and further more the 1.1380. It is interesting to watch if they manage to reach their goals or would the...

KN_FXtrader

the price retrace until the level of 1.51867 (50% fib level) and is now keeps on going upwards. Now it is facing the 61.8% fib level of a lower scale. A move on the previous high ( 1.5800) is possible as well as a breakout of this level to the point (4).

KN_FXtrader

The price is keep moving according to the uptrnd trendline. However, it fails to make new higher highs due to the resistance at the level of 1.13804. This is clearly a bearish area, due to the fact that bulls have many unsuccessfull tries to break it.From the side of the buyers, we can see that the strongest support is the area of 1.1064/1.1045 These are the main...

KN_FXtrader

The orice is moving in strong uptrend. It is heading towards the level of 1.1455, which the previous high from the 15 May. If the price goes further up, then the next target is the high of 4 February at 1.1528

KN_FXtrader

The price is in strong downtrend. It just passed the level of 1.53348, which is the 38.2% fibonacci retracement level and it is heading towards the 50% level of 1.51880. We should wait the reaction at the opening of the market. A movement below the level of 1.51880 would lead the price at the area of 1.5041/1.4968 which is a buyers territory.

KN_FXtrader

The price go over the high of December 2014 and trying now to go over the high of 21st of May. Having that the trend is bullish and the price have overcome two crtitical level my next target is the fib extension level of 190.83

KN_FXtrader

The price found support at the area of 1.1057/1.1097 0fib level). It seems an uptrend is coming after a big retracement. The targets are the resistances shown with the red line. A good trade setup might be SL:1.1080 and TP:1.1278

KN_FXtrader

Based just on the candlestick patterns, we can see a doji after a retracement so the price might try to go back at 1.1447. So i suggest buying at 1.1394. SL:1.1372 and TP:1.1447 (Risk/Reward Ratio:2.44)

KN_FXtrader

After a small retracement, the price went bullish until the level of 1.1467. As you can see every channel being shaped is bullish. So, the key is the breakout of the resistanve level. We might see a retracement to the levels shown above,, but i think that buyers would win the fight and the price would reach the level of 1.1600.

KN_FXtrader

As we see the price is moving into an uptrend channel. Now it has reach its lowest level therefore i suggest if the price go over the level of 0.7223 our target should be the 0.5 fib level (0.7300)

KN_FXtrader

As you see the resistance of 1.1287 is keeping the price down. There is a possible H-S pattern. In my opinion the support area of /1.10521.1093 is looking very strong and the price won't move down from this level. The negative macro data of US would also help not to go down this level. So i think the price could reach again the area of 1.1393/1.1445 and then we...

KN_FXtrader

Based only on the candlesitck pattern my long term target is the re-test of 1.53531. Trading many times is much more simple than many believe. :)