forexoholic

forexoholic Jun 24, 2016

simple long term support, if holds we will see a good bounce. Chart is self explanatory

forexoholic Jun 16, 2016

Price is currently sitting at a long term up trend line and is very close to a support. There is a good chance it could reverse here, bare in your mind that next week there is a referendum in UK for Brexit and there will be very high volatility in the market with whipsaws in both directions.

forexoholic Mar 8, 2016

Canadian dollar is retesting a long term up trend line. Currently at 1.3325 and plenty of support here if we look at weekly. First seriious resistance is at 1.36.

forexoholic Feb 18, 2016

Eurusd is currently retesting 1.1080 area which is a level that has been respected few times in the past. Recently broken, now is a support. I believe this pair could be forming a bull flag to move higher. Its a low risk trade at the moment. Hope the analysis is clear.

forexoholic Feb 18, 2016

DAX is retesting previously broken uptrendline and support which became resistance, We shoud be seeing a reaction to this level. A break above 9750 could mean the index is back to its uptrend.

forexoholic Feb 11, 2016

vip resistance on Gold as well as 78.6 retracement of the last move down. Expecting a correction.There will be good buying opportunities coming up.