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coldrecs replied Jan 4, 2011EURUSD - resistance and support levels for the next 24 hours — Best wishes for 2011 to everybody! The forex market is slowly coming back to normal, after a period of low liquidity during Christmas and New Year’s Eve. The trend is up on the ...
EURUSD
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coldrecs replied Dec 22, 2010EURUSD - important res/supp levels for the next 24hours — The forex market is preparing to close the books for this year, and so am I
The euro continues to drift lower, and although the move from the last two weeks to me still doesn’t look ...EURUSD
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coldrecs replied Dec 20, 2010EURUSD - important res/supp levels for the next 24hours — The stock markets continue to go up and EURUSD continues to go down. Still, the pace of the decline is doesn’t look very clearly impulsive. We could still be into a very complicated ...
EURUSD
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coldrecs replied Dec 19, 2010EURUSD - important res/supp levels for the next 24hours — The pair ended the week on a bearish note, the reason being new fears related to the public debt of the countries situated at the periphery of the euro-zone. My expectation voiced in ...
EURUSD
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coldrecs replied Dec 17, 2010EURUSD - important res/supp levels for the next 24hours — For the short term I consider EURUSD a little overbought. This is why over the european trading time I don’t expect very much upside. Still, over medium term (4h and daily) I see ...
EURUSD
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coldrecs replied Dec 15, 2010EURUSD - important res/supp levels for the next 24hours — After FED the pair gained a few pips above its previous high but stalled immediately afterwards. Today it broke below the up-trend line that was in place since 30 Nov (more than 2 weeks ...
EURUSD
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coldrecs replied Dec 13, 2010resistance and support levels for the next 24 hours — My expectations voiced last Thu. were eventually confirmed by the market. EURUSD broke the minor negative trend line and is currently trading above it’s previous peak at 1,3420. This level ...
EURUSD
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coldrecs replied Dec 10, 2010Larger time frames takes too long to confirm reversals. At least for short day traders. Anyway, all time frames tell you what is the trend now, not what will be the trend from now on

EURUSD
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coldrecs replied Dec 10, 2010important levels for the next 24 hours — The pair seems to be lacking direction on the short term. For me the behaviour from the last 24-48 hours looks rather like a mild correction or consolidation period. People are still worried about euro ...
EURUSD
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coldrecs replied Dec 8, 2010support and ressistance for the next 24 hours — During Friday the pair touched my mentioned resistance level near 1,3411. It was rejected from there and currently is trading inside a downward channel. For the following 24 hours I still see a ...
EURUSD
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coldrecs replied Dec 3, 2010The pair is now trading near a second level of resistance. The price is significantly up from the levels seen at the begining of the week. If the financial data from US will be favourable, we could see EURUSD a little above 1,3350 before the closing ...
EURUSD
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coldrecs replied Nov 29, 2010Looking to go long around theese levels, for short term perspective — The dollar is gaining ground on the back of a worring political and economical global perspective. Still, I think EURUSD is at an oversold level for the short term (next few ...
EURUSD
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coldrecs replied Nov 22, 2010Looking to short at near resistance — As far as my charts show, EURUSD is entering short term overbought teritory and for that reason I will be looking to sell at succesive resistance points. Such resistance levels are: 1,3805 and 1,3905. If ...
EURUSD
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coldrecs replied Nov 17, 2010The trend is still down, but I look for short term reversal — Still in a down trend, fueled by the decline in stocks and the problems in Ireland. We should look to buy near or a little bellow the daily lower bollinger band of the lows (seen on ...
EURUSD
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coldrecs replied Nov 10, 2010Temporary positive correction, but the trend is still down — As expected EURUSD bounced from the lower band of support and is now trading around 1,3740. The tone remains bearish and the expectations are for further depreciation of the single ...
EURUSD
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coldrecs replied Oct 28, 2010Yesterday EURUSD bounced from the 1,3730 weekly S1 pivot level. Now the hourly studies are overbought and the USDJPY is oversold, so my guess is that this London session uptrend will not continue long and when NY session will start we will have a ...
EURUSD
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coldrecs replied Oct 27, 2010Stock market trend remains down, so the EURUSD should also continue down. Perhaps after house data due in 6 mins we will se that kind of continuation. The hourly studies are just slightly out of the oversold area.
EURUSD
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coldrecs replied Oct 27, 2010Depends how much important that moment in time is. If we are talking about fixing times or open/close times of some important markets, than yes, bulls and bears are indeed fighting. But I dont't think anybody bothers to influence the close on every ...
EURUSD
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coldrecs replied Oct 27, 2010the EURUS trend will probably continue down, although the hourly studies are oversold — EURUSD The trend seems to be negative on the short term. However, I don't expect EURUSD to go much lower this morning, because the hourly studies are once ...
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