Friday, January 8, 2010


Next week Eurusd will be higher..
Test for 1.46xx level

Tuesday, December 29, 2009

Today EURUSD may rising to 1.4400-14410..After that it will go down again..
Thanks Happy Trading and Happy New Year

Thursday, December 3, 2009

EUR/USD Up and Down

Eurusd up and down and still up again...

Friday, November 20, 2009


In the short-term I will look for range opportunities in the triangular consolidation with a definite leaning towards bearish trades and selling on rallies. I will look for bearish candlesticks to confirm, and look for entries around 1.4950-1.4980 resistance.
Today Shorts preferred. From 1.4980 resistance targets are 1.4950, 1.4915, 1.4880.
Happy Weekend..

Monday, November 16, 2009


 EUR/USD losses were limited late Friday as the pair rallied back up above 1.4900.  In the short-term I am looking for a drop to the trend support around 1.4800, and I am a bit bearish below last week’s top of 1.5050. Therefore I will look to sell on a rally below 1.5050, preferably around 1.5015.
 Look for shorts below 1.5050 with targets (from 1.5015) at 1.4980, 1.4950, 1.4915 and 1.4880. Above 1.5015 look for a re-challenge of 1.5050

Monday, November 9, 2009


 I saw good pips last week off of the EUR/USD rise and, to begin this week, the trend remains strongly to the upside and I will continue to look for buying opportunities on dips. Fundamentally the market is still attempting to figure out whether an economic recovery is actually happening or if it is just government-supported, and IF it is happening for real what the implications for the EUR/USD would be. In the meantime the pair has technically been steadily making higher highs and higher lows. In summary: the short-term trend is up so I will look to buy.
Trading Idea:   support zone between 1.4900-1.5050 and I will look for a failure/bullish signs in this area. Long targets preferred at (from 1.4870) 1.4905, 1.4970 and 1.5100.