I stay bearish... — No, Definitely not. And definitely not tomorrow. The pair has couple of "obsticles" to go through on their way to 1.2000 It would have to jump over 1,1935 -1.1950 fibonacci area which is also a strong support/resistance ...

EUR/CHF

STrong resistance/support area touched — EURCHF - 1,18000 Don't you think it's a pretty nice area for going short, at least for a quick retracement down to 1,16500. I even think that pair is going for retesting previous lows (between 1,14000 ...

EUR/CHF

Bounced back — So the EURCAD hit for awhile 1.3404 and bounced back. As I said the 1.3400 was an important support/resistance area so this is why the price jumped like crazy 1200pips in less then 3 hours. It opens a nice way to meet 1.3630 ...

EUR/CAD

Getting closer... — Well, so we're getting closer to our 1,3400 area. Within next two,three hours we'll have unemployment news, Bernanke etc so we will be able to find out if 1,3400 will become resistance or support for next days image

EUR/CAD

Do we bounce back? — The EURCAD steam-power has gone this afternoon and wasn't enough strong to skip above 1,3600. It looks the pair needs a little more time to bounce up and I think we can see a small pullback to 1,3400 zone which is a strong ...

EUR/CAD

Retracement — On DAILY EURCHF chart a new retracement has formed and it all looks very promising to go long and even hit 1.18000 Then a pullback to 1.14600 is a possible scenario.... However now I think it's too late to jump into that "train" ...

EUR/CHF

EURCHF - Technical analysis? — Let’s be honest guys… any technical analysis now on EURCHF is just a bunch of rubbish. Do you remember the story with gold? When gold was hitting 1000USD people yelled; wow, that’s the end! Then the same was at ...

EUR/CHF

Nasty bad flaw on bullish — Yeap... The "spike" looks suspicious. It's nearly 1.60% down to Friday closing... It's better to stay out of the market until London reopens Monday morning. Anyway techincally EURCHF breaking down 1,1490 has made a ...

EUR/CHF

Well, you can believe it or not, but most of traders are RIGHT about trend direction, but also... most of them are WRONG about timing. So they enter into trade too early only to be stopped out by big-boys who sweep away their stop loss orders and ...

EUR/CHF

Trend is your friend (until the end) — Mostly I am looking for a setup on DAILY charts... then moving for a closer look on 1H, 30mins waiting for a new trend to form and confirm and final decission is made on 15/10mins. Pretty boring... It ...

EUR/CHF

Where do we go now? — Well, we are geting closer to the very important level 1,34600. Either that will be a pretty nice double bottom and price will sky-rocket to the 1,36600 or the price will break through and we will see another free ...

EUR/CAD

winner-loser — Oh yeah... Easy to say as "trend is your friend" and "buy low sell high"etc. In real life it doesn't look so sweet... How do you make your "Never let a winner turn into a loser" trades? I used to close half of my position after ...

EUR/CHF

EXIT time — Yesterday I entered LONG EURCHF @ 1,15400 and the pair reached in its high @ 1,1648. Pretty nice for one day trade. I was targeting 1,1800 zone next week but... now EURCHF returned south leaving me with stop-loss. Too many (BAD) ...

EUR/CHF

My cautious opinion of EURUSD. — The EURO is extremely oversold now and bulls have been impatiently waiting for ANY signs of recovery. As traders recently got really bored to hear NEGATIVE stories from Eurozone, then any POSITIVE information ...

EURUSD