The EUR/USD level of 1.1294 was broken and the currency pair is going to reach 1.1339 resistance. This point will be an important level for EUR/USD and it may back to 1.1294 support.

EURUSD

EUR/USD amplitude narrowing indicates the further momentum. The price is around 1.1294 support. If the level of 1.12940 is broken, then a further impulse will be directed down to 1.12137 support and below, to 1.11150. The level of 1.13904 will be a ...

EURUSD

GBP news: CPI rose at an annual rate of 1.8 percent. GBP/USD may fall further. The nearest support is 1.28732. In order to gain confidence in bulls, GBP/USD must break through resistance 1.28971.

Cable Update (GBPUSD)

The EUR/USD has already reached 1.1297 and now I'm expecting an upward movement to 1.14750. Be careful if the support will be breached.

EURUSD

GBP is under pressure due to the disappointing UK data. This pressure is likely to increase with the coming March 29 deadline. The nearest support is 1.2852 and then 1.2826 level. The 1.2969 level will be the resistance for growing.

Cable Update (GBPUSD)

The narrowing of the correction channel signals either that there will soon be an impulse to break through the level. The price reached the level of 50 Fibo and after that, EUR/USD remained higher than yesterday's top of 1.1402. image

EURUSD only

Nice opportunity to sell. The price will not stand a long time in the 61.8 area and USD more probably fall at thee 50 Fibo and then, to 38.2 image

EURUSD only

There are a lot of qutations and clever expressions. BUT. Remember a lot of examples in sports where some coaches of the best chempions do not have a great experience on competitions. They train champions having a good analytical thinking. What will ...

Do you need to be profitable to be qualified to teach trading?

Haha :-) Nice mood in the face of drop risk

What about Bitcoin... :)

there is no bottom level for now and gbpusd will drop very fast. The gbpusd got a new low and the closest support is on the 1.2000

GBPUSD technical and fundamental analysis

Unfortunately, more often, people who does not believe in bitcoin just afraid of it. And a small part arguments are really constructive. Congratulations to people who bought btc by $100 and sold it when $19k. And shame on people, who condemn for the ...

What about Bitcoin... :)

Actually my opinion to hedge a losing position is a bad idea. Just accept your losses before it become something needed hedging. Don't allow losses grow and close it early and keep profits to your aim.

Hedge a losing position?

Why do I believe ? The BTC will be under 2000 soon and this is a great start point. If bitcoin go up after that, investors will win and even if it falls, there is nothing to lose already :-) lets go long!

What about Bitcoin... :)

The nice resistance will be on the level of 1.1400 on EUR/USD. And I believe in this reaching but not breaking. After testing the price will drop to 1.1300 support

Support and resistance trading

The main indicators for chart analysis are breakouts of levels and reversals of trends. The truth is all indicators we use and analytical tools we set are using some levels and points that can be breached or not (reversal option). So, the fact that ...

Only Trade Breakouts or Reversals