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EURUSD-where is the roof?

Dears,
EURUSD still climbing up and up, and bears becoming unpacient, but bulls still alive , and logical question where is the roof? Fairlly speaking seems roof is not built and pair can go up till Fundamentals will start show US economy strengh and EUR zone weakness, as seems other factors are not anymore afecting much the market . It is logical to expect resistance levels of former highs, but current trend do not show signs of respect to them . Still we are in range of consolidation, as highs…
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EURUSD 26APR Plan

Dears,
Today EURUSD keeps slowlly looking up and seems 1.13 level could be ideal pre FED rate decision, but it could move higher too as today Durable Goods orders could push it higher. Why up? Taking in cosideration yesterdays US Home sales data, which was negative, following conclusion is - less durable goods sales, as new homes are needed to grow them. I would be suprised if with negative home sales durable goods will be growing. Therefore Bullish outlook for this pair for today is viable trad…
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EURUSD 25APR Plan

Dears,
Monday, new week, but only one event will drives pait this week FED interest rate decion, while other will be juts disturbance on chart, still what to trade. Now we are 1.1250/60 level which seems resistance wich could probably will reamain unbroken today, as generally trend is bearish. On 1H chart we are under 50 sma , toching KS on Ichimoku , but not breaking it, which could be good entry point of sell now.
While RSI shows break up from last week, which could indicate the bulls moveme…
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EURUSD 22APR Plan

Dears,
Day after the ECB, Friday, no important fundamentals ( Eur & US PMI wil not add volatility, while could show direction) - do not expect big moves, in exception of situation if someone bored and big will get bored and kick out some retail player(therefore SL could save some capital). Basically yesterday chainsaw move was retail player disaster, for some for sure. Some even did not understood why . But back to plan of today .... 1.1310 today high which most probably will remain, as the tr…
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Draghi & EURUSD

Dears,
As ECB Interest rate decision and Draghi comments was most important event of the day, lets see what this all do with EuRUSD.
The pair rise started before ECB & Draghi , and continued all time , while not so so volitally, but still rising EUR USD to 1.1390 level, whish seems was limit. And all despite the fact that rate was not changed, Draghi coments that rates will remain low or lower, inflation expected be negative, uncertainty to growth of economy ,geopolitics, unceratinty of emerging…
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EURUSD 20APR PLAN - Draghi effect?

Dears,
While EURUSD pair is consolidating pre ECB rate decision tomorrow, we should not foget about Draghi speech as well today, which could give some momentum for move . Therefore what to expect from Draghi and ECB ? As last actions from ECB in March was wider then expected, I would not expect any significant changes this time, as ECB will like to have some time yet to pass to see if the measures applied gives result. At the same time March decisions have not given any result by now due to Yell…
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EURUSD 19APR Plan

Dears,
As of today EURUSD pair trading under 200 SMA and above 50 SMA on 1H chart. As well worse to note that 1.1340 is fibo resistance, which was not broken after GER & EUR Zew data. As EUR USD pair likes to respect resistance and support levels, then , to move outside the current trade range 1.1340-1.1315 must happen something significant, which is not expected. As well in front of ECB rate decison most probablly we will be trading in naroow range till Thursday.
In summarry - EURUSD will be bo…
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EURUSD 18APR Plan

Dears,
As of today we are keeping trading sideways in consloditioan zone 1.1320 - 1.1280. There are no important events to push the EUR/USD outside the consolidation zone and therefore expecting staying there. As well there is similarity to picture at begiining of April when we was long time sitting at around 1.14 levels . Therefore in mine opinion, there is rather high chance that we will go lower later in the week, after forming the right shoulder in the daily chart. In addtion to support down…
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Budha 18 Abr

Just in addtion , the narrow range trade as well notes to lack of big traders , therefore entries of big traders could move the pair outside the range just by specultaitve reasons. Therefore do not foreget about SL too :D

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13 April -How bad it will be for EURUSD?

By repeating chart from yesterday, we are still in Trading range , while attemts to break out is becomming more dedicated. Yesterday attempt to break above above 1.1450/60, today attemting to break below 1.1320/10 ,which supported by weak EUR Industrial Production data. Still we need to wait for US Retail data , which could set the tone for futher direction and possiblly to move finally outside trading range we are sitting from beggining of April. And as US retail data is supposed to be improv…
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EURUSD-Forecast Mid-term

Dear Traders,
Posting Daily EURUSD chart to show , that pair currently trading at CRITICAL LEVEL to watch - in rather narrow range 1.1450/60 resistance - 1.1320/30 support ( actual 1.1370/80 1H 200 SMA as support), in the point where different time scale channel resistance and supports are meeting , which could explain, why we are trading all April in that point, as market can not define the futher movement direction and keeps consolidating, but despite bullish bias, the signs of weakness of bu…
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