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- fxghost replied Aug 13, 2015
Break up occurred and it was false. image
- fxghost replied Aug 13, 2015
It's peaking. It will go to 1.5530 today. Retail sales could be the factor to push it down, or it will go there before American session. Anyway, the path of least resistance is down.
- fxghost replied Aug 13, 2015
Maybe. There has been direction up for a few days, but price would always stall when it neared 1.5670 or something in the last couple of weeks.
- fxghost replied Aug 13, 2015
I do expect a false break above today's Asian highs. Will wait for a reversal pattern to go short. image
- fxghost replied May 24, 2013
One should not sell his nerves on the Forex market....
- fxghost replied May 24, 2013
eur/usd is at crossroads. It should go below 1.2800 in the nearest future. For the time being 1.3000 is the resistance (I buy a break if today's news pushes it above that) and sell 1.2900 support break if the news is positive for the greenback.
- fxghost replied Apr 15, 2013
We are in a bullish swing and the target for the week is 1.3300 level. Buy support at 1.3030 (after 123 or other bullish reversal pattern) or buy a breakout of 1.3140.
- fxghost replied Apr 3, 2013
The pair is being accumulated as higher highs and higher lows are clearly seen on hourly charts. 1.2885 is resistance. I go long at the break of it with a target of an even number 1.3000 and stop loss 1.2824.
- fxghost replied Mar 22, 2013
Finding resistance at the trendline. Let us see if a reversal pattern develops.
- fxghost replied Mar 22, 2013
They will surely find some solution today or during the weekend, so I am not shorting now. But it is just feeding aspirin to a dying man.
- fxghost replied Mar 22, 2013
eur/usd is definitely correcting, but we have two resistances ahead. Well, the first one is being dealt with at the moment (1 hour 200 sma). The second is the trendline at around 1.3000 level. I am not buying, but waiting for Euro to lose steam and ...
- fxghost replied Jan 30, 2013
We will see. There are lots of roadblocks for the target I mentioned, but I will not rush to repeat after you. Let us just follow price action in the pair and see who is right.
- fxghost replied Jan 30, 2013
eur/usd broke its' weekly resistance and is above 200sma on weekly chart too. Well, road to 1.4250 has just been opened up. Buy on dips.
- fxghost replied Jan 24, 2013
Ten days in a triangle pattern. Expect a breakout soon. Today's data can move the pair out of its current range. I am ready to go either direction: buy or sell a breakout.
- fxghost replied Jan 16, 2013
I am relaxed. We won't see 1.4000. 1.2000? No problem.
- fxghost replied Jan 16, 2013
Classical set up when resistance becomes support. 1.3245 used to be resistance, now it is support and it holds. Buying on dips target 1.3500. Hope to reach it this week.
- fxghost replied Jan 3, 2013
It is time for the pair to go down. Investors will again remember Euro zone troubles and come back to shorting the currency. Very important support was broken today and if it holds the path of least resistance is down.
- fxghost replied Dec 18, 2012
The pair will probably continue its' upward move till the end of the year. Have a small long from 1.3189 (stop loss 44) pips. Becoming more and more bearish as the New Year approaches. Still mildly bullish though. Next target is at 1.3480 (this year ...
- fxghost replied Dec 17, 2012
After FED meet the trend continues to be bullish in eur/usd. Resistance is at 1.3200 now. One possibility to go long is buying a break above that level. Another waiting for a dip and then a reversal (123 pattern or bullish candles on 4 hour charts).
- fxghost replied Nov 7, 2012
The pair is at key support. I go short below today's low. Stop is at 1.2876, possible target 1.2000 level. Very nice risk/reward ratio! Adding to shorts on the way down. Tomorrow's release (ECB) will probably trigger the fall. eur/jpy will follow. ...