EUR has formed an wedge against the Dollar on the time frames of the intraday. If it breaks up through the resistance border, that should lead us to a 130 pips movement from the breaking point.
EUR is correcting his long rush from ~1.2500 to ~1.3200 and now aproches the higher broken channel borer at 1.29. I would Buy on an smaller TF trigger inside the first blue area, aiming for the falling trendline, preferentially at 1.3000 as the primary target and, if it breaks through it, I'd aim to the year high @ 1.32000. Although I expect the price to rebound...
EURUSD has mad an inverted head and shoulders pattern, and might claim 35+ pips as it has already broken the neckline.
Before reading the this description, please, click on the MAKE IT MINE on the up-right top of the chart and scroll back to check the beauty of this channel. It's one of those perfect price highways that pleases the eyes. The pound is driving this highway for very long time, so there are some trading Ideas we can take from it: 1- (Scalp) Buy Fib 38.2% if it...
EURUSD is on a corrective movement and as it falls we have some techs to follow. EUR is about to touch Fib 38.2% at 1.2920 what should support it, leading it back to the 23.6% level along with the 1.300 resistance and the falling trendline. My preference is to the shorts positions nearby the 1.3000 area, aiming for fibs 50% (1.2850) as Primary Target and fib...
EUR is overbought due to the American QE3 news, rising for more than 1000 pips with no decent retraction. We should stay alert to the 1.3200 resistance area, which could lead EUR to a retracement towards 1.3000 or the rising channel bordar that was broken. Follow this trade: www.twitter.com tradingsmarts.tumblr.com
The pound could've reached for some resistance, but doesn't encourages me selling it. I'd expect it to rebound till the yellow trendline to buy it towards the tendency. The 1.6170 area could be a good support to aim for 1.6250 or more, if it realy decides to retrace. Follow this trade: www.twitter.com tradingsmarts.tumblr.com
AUDUSD is on a rising uptrend and it's about try the 1.0500 broken resistance as a support. I'd buy it aiming for 1.0575 as a primary target and 1.0700 for an expansion. Stops would lie under 1.0490 what grants us a good risk/reward relation. Follow this trade: www.twitter.com tradingsmarts.tumblr.com
EURUSD has formed an wedge on the intraday charts and, as we approach the end of the week before a very sharp rising movment, I'm looking forward to sell the Euro, catching the Elliot's correction movement. To trigger my trade today, I'd expect it to break under the wedge border and the daily pivot, on 1.2883, to sell it. My primary target would be the 1.2800...
AUDUSD is on a hangover after a rush due to the poor job data from the USA last Friday, but it seems like has regained the correlation with the other pais, which was lost for very long time. I'm buying the Ausie on the yellow area where are multiple support factors, as the daily standard S1pivot, Camarilla L3 pivot, Fib 38.2% and the 1.0300 psychological...
EURUSD is on a buying thrill due to the NFP's and the promiss that USA is going for a QE3. This are my preferral levels to buy it towards the trend.
GBPNZD reached an important support as it slips down towards the supportive border of the raising channel. I'd wait for it to go back to 1.9940 resistance area to sell it aiming for the supportive border. Not buyng until it touches the border. Follow this trade on twitter.com
AUDUSD is forming an wedge, matching the lower trendline with our best support of 1.0225 along with supports of Camarilla and Standart pivots. A break through the wedge upper trendline, confirmed by a break through daily pivot might trigger our entry for the previous analysis, aiming for 1.031 as a primary target of the correction. Stops under 1.0200.
AUDUSD has reached an important price that supports it during the history. 1.0225 is a great fundamental support zone for the pair, and, as our analysis is rectified by fib 88.6 level and a channel border, we could have a great oportunity to buy the Ausie aiming for 60+ pips.
Euro expects the speech of Mr Bernanke, in 45 minutes, on the best level we could hope. The whole scenario is a short. Any signals that USA shall raise the Interest Rate should push the EUR back to the 1.24's. I won't move right now, and will expect for the speech.
The GBP reached the best buying zone I've pointed on the previous analysis. Pound is known for it's great pullbacks, and it's never a good idea following the trend before 50% of the previous movement. We've scalped the GBP on the fib 38.2%, which reached our target at fib 23.6%, and now it's time to get loose from our short positions and start positioning our long...
The pound is correcting the rise it's made this week, reaching some key fib levels for expansion. We've just nailed the top of the Pound on our previous analysis, already taking 80+ pips on our shorts, and it's time to get back along with the trend. I'd buy a scalp here at 38.2% aiming for 1.5855 as primary target. and the 1.5900 resistance as expansion. If it...
GBPUSD is reaching for 1.5900, a very important level for this pair that has been sirving as much as resistance as support it for a very long time. I'd sell the Pound inside the appointed Selling Zone, waiting for a 50-100 pips retracement, aiming for the raising yellow trendline or the channel center parallel border. Stops on the breakout of the selling...