Surpsingly the EUR/USD bearish trend continues despite the holidays. It will likely reach 1.2100 pretty soon and then head for 1.2000.

EURUSD

I've made a number of mistakes but my biggest one is definitely opening trades during being economic announcement and then opening more in a panic in an attempt to compensate for the first mistake.

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Well, holidays or not it looks like EUR/USD will keep falling.

EURUSD

The market is exceedingly calm on the day before Christmas and it will likely stay that way until the winter holidays pass. Speaking of which, happy winter holidays, everyone!

EURUSD

Even though the winter holidays are almost here the EUR/USD pair continues its descent. The pair broke below 1.2200 and is headed for target 1.2100, probably even 1.2000 after that.

EURUSD

All the advice in the infographic is basic common sense. Unfortunately sometimes that works only in theory for some people.

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Despite all my doubts the EUR/USD pair broke below the support level at 1.2250 before the holidays and is now headed for target 1.2200. Time will tell whether the next target is 1.2000.

EURUSD

EUR/USD fell and it appears it will likely try to test the support around 1.2250. Now the question is whether it will be able to break below that support or will range continue.

EURUSD

EUR/USD couldn't break the resistance at 1.2570 and started descending again. That said, I think the movement to the downside is just part of the correction. I think the pair will break below the support at 1.2250 and continue the bearish trend in ...

EURUSD

Despite the marubozu candlestick on the daily filter chart EUR/USD continued on its way up until it reached the strong resistance at 1.2570. In case it does break above that resistance level I think it will likely reach target 1.2700.

EURUSD

EUR/USD formed a marubozu candlestick on the daily filter chart and, as expected, started descending again. That said, I am not so sure whether that new movement to the downside is part of the correction or the overall bearish trend and considering ...

EURUSD

EUR/USD moved to the upside again today and appears that the correction continues. The likely target is, I think, 1.2570.

EURUSD

EUR/USD broke above the resistance at 1.2460 only to start descending again after forming another inverted hammer candlestick pattern on the 4 hour filter chart. At this point, however, I am not certain whether this new movement to the downside is ...

EURUSD

Although EUR/USD was met with a pretty strong resistance around the 1.2460 level and formed an inverted hammer candlestick pattern under the resistance level, the pair is still testing the resistance. At this point, I think, it is uncertain whether ...

EURUSD

I wasn't expecting such a bounce to the upside, EUR/USD certainly surprised me. That said, the pair has reached a pretty strong resistance at 1.2440, the question is what will follow next.

EURUSD

After the non-farm payrolls on Friday the EUR/USD pair broke below the support at 1.2300 and continues its descent today. The pair has almost reached target 1.2200 and will likely continue falling after that.

EURUSD

The non-farm payroll today ruined Draghi's efforts from yesterday and the euro is once again in freefall. The EUR/USD bearish trend continues and the pair will likely reach 1.2200 sometime soon.

EURUSD

The ECB rate decision certainly had an effect but it was not the effect I was hoping for. Still, despite the movement to the upside I don't believe that the bearish trend is over yet. I still think that the EUR/USD pair will reach target 1.22 sooner ...

EURUSD

EUR/USD didn't even wait for the ECB rate decision and the USD non-farm payrolls and it broke below the support at 1.2350. Considering that I think it's very likely the bearish trend will continue with target at least 1.2200.

EURUSD

It usually all depends on individual circumstances, I think. It's prudent for a trader to adapt according to the situation they're in, although those sayings are a good guideline.

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