Open trading account 
First day of the month. Looking to short EURUSD on Asia and Europe session, before NFP. Take profit around 1.184 area
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EURUSD Major Support @1.0500
Looking at weekly EURUSD chart we can see that 1.0500 is significant support area. We can expect significant retracement or possible trend reversal. Will looking for buying opportunity at this area.
Aussie USD, Near End of The 2 Months Down Trend?
August 2, 2013 AUDUSD reach 0.88467, the lowest since 2 years ago.
After failed small rally, 4 weeks later the price re-test near that low again at 0.88914. Soon after the re-test, price rally almost 800 pips up to 0.97 supply and resistant area, and around 200 EMA. The 0.964 hold strong, and price failed to break that level, turn around, and continue the down trend.
Today is Friday, December 13, 2012, AUDUSD approaching the yearly lowest area again (0.88467 - 0.8914). This level is very st…
After failed small rally, 4 weeks later the price re-test near that low again at 0.88914. Soon after the re-test, price rally almost 800 pips up to 0.97 supply and resistant area, and around 200 EMA. The 0.964 hold strong, and price failed to break that level, turn around, and continue the down trend.
Today is Friday, December 13, 2012, AUDUSD approaching the yearly lowest area again (0.88467 - 0.8914). This level is very st…
WATCHING EURUSD @1.3800 - 1.38327 AREA
WATCHING EURUSD @1.3800 - 1.38327 area
Recent price movement clearly show that EURUSD still in her bullish movement. Apparently she will test the recent yearly High. I will watch closely Price Action at 1.380 1.38327 (Year High) area. In my opinion, there is strong possibility we will see price turn swiftly down at this level. I Will closed long EURUSD position at 1.3800 (my long EURUSD target)), then watch what price doing at this area.
If any sign of reversal appeared and confirmed, I will sho…
Recent price movement clearly show that EURUSD still in her bullish movement. Apparently she will test the recent yearly High. I will watch closely Price Action at 1.380 1.38327 (Year High) area. In my opinion, there is strong possibility we will see price turn swiftly down at this level. I Will closed long EURUSD position at 1.3800 (my long EURUSD target)), then watch what price doing at this area.
If any sign of reversal appeared and confirmed, I will sho…
EURUSD Strong Uptrend
Long Term view of EURUSD pairs is still on strong uptrend
Few facts that underlying this view are::
Few facts that underlying this view are::
- EURUSD keeps making Higher High and Higher Low.
- 200 periods EMA also clearly respected. As we can see price bounce up fast after touching it from above several times.
- Recent break of 1.37111 (year high) on 22 october 2013 indicate strong bull move.