USDollar long term uptrend seems to lose its power. A double top has been shaped and the buyers have taken the chance to drop the price to the level of 11583, which is my target , if the pattern is confirmed.
We observe a bullish breakout on the trend line. So my plan is that if buyers could keep the price above the support area of 181.57/181.03, then their second try to go over the area of 184.983/184.446 would be successful. Therefore my target is the level of 187.766
I believe the price would retest the resistance level of 1.1289/1.1262. Due to the main trend (long term and short term) I suggest buying this pair. However a bearish breakout of the level 1.1114 would led the price to 0.382 fib level, where buyers would be aware of taking the chance to test the resistance level again.
The price has shaped a double top and moving downwards. We should wait the reaction at the level of 0.7610 where there is a strong support. If we have a bearish breakout then my target is at the level of 0.74200
The price is now moving through the level of 131.25. If this resistance is broken my target is 136.60. Otherwise, i am looking for the 0.764 fib extension level.
The price is in uptrend. There is the possibility of little retracement through its strong support level before testing for third time the strong resistance area of 1.1049/1.1027. Then we should wait. Would the price go over to the level of 1.1151 or bears would win and the price return to the level of 1.0925?!
The byuers has tried many times from the area of 118.75/118.35 to push the price up however bears keep it in a range. We can observe a descending triangle shaping. In my opinion bulls could not be able to keep for one more time the price above the area i refer previously. Therefore i think the price could reach at first the level of 118.00
This pair is trading in a range. Therefore my trading plan is the one shown in the chart
A triangle is being shaped. Just wait for the breakout...
I belive the price would reach again the level of 1141 due to the fact that its tries to go over 0.382 and 0.50 fib level were unsuccessful
The price reached recently the lowest level from 2011. Buyers seems to be back in the battle. I believe that there could be a bullish breakout of the strong resistance area of 0.7629/0.7608. In that case, my target is the o.0764 fib extension level. Otherwise we might see a pullback to the area of 0.7464 before bulls return.
The price is now testing the long term trend line. We should wait its reaction. Strong resistance at 1.1049/1.1007
We are looking for buying opportunities. Therefore we are going to place our trade after the price retracement based on the regression channel trend. However, all the euro pairs might affect by any news related to Greece/Eurozone, so we have to be carefull and well informed.
I would go long when the price touch the EMA 10 (blue line)
This pair faced recently a big fall. The last days it seems to try to move up. However it is now "jumping" on the level of 1.2212. A bearish breakout of this level might lead the price to 1.2084. On the other hand, if it reaches the level of 1.2300, then bulls and bears would fight. Buyers target would be 1.2400.
We should wait until the critical level of 11980. Would the pattern or the main trend win?!
The price tried recently to break the 0.5 fib level. We should wait to see if it would try again. Otherwise a break below the level of 127.42 would lead the price through the area of 126.86/126.00
First of all we are looking for selling orders due to the bearish long term trend. In my opinion the price can reach the level of 0.7608 and further the 0.7562. Moreover we see a bearish gartley pattern, althoung it is not totally accurate.