Euro is retesting broken up trend line and met some resistance at 108.95.
Give all that a correction on Eurusd is expected.
Showing posts with label eurusd. Show all posts
Showing posts with label eurusd. Show all posts
17 March 2011
17.03.2011
Dollar trading at important support level on daily time frame.
Euro is retesting broken up trend line and met some resistance at 108.95.
Give all that a correction on Eurusd is expected.
Euro is retesting broken up trend line and met some resistance at 108.95.
Give all that a correction on Eurusd is expected.
22 February 2011
22.02.2011
Eurusd trading at 1.3640 after bouncing from the support and up trend line at 1.3535. Important intraday resistance around 1.3673.
Dolar index trading at 77.90 with a support level just below it at 77.80 - 77.70.
Dolar index trading at 77.90 with a support level just below it at 77.80 - 77.70.
18 February 2011
18.02.2011
Eurusd currently trading at 1.3557. It bounced from supply level and down trend line. Fighting with a little demand level here at 1.3545.
Euro index trading at 106.86 with a small demand level just below it.
Usdnok trading at 5.72 after bouncing from support this morning. Heading towards 5.75 and 5.797 intraday resistance levels.
Eurgbp trading at 0.8363 with support at this level.
Euro index trading at 106.86 with a small demand level just below it.
Usdnok trading at 5.72 after bouncing from support this morning. Heading towards 5.75 and 5.797 intraday resistance levels.
Eurgbp trading at 0.8363 with support at this level.
16 February 2011
16.02.2011
Eurusd currently trading at 1.3512after bouncing of the broken down trend line. Its capped between support and resistance intraday.
Cadchf trading at 0.9810 with resistance level at 0.9860. Intraday support levels 0.9760 and 0.9665.
Silver trading at 30.50 with important supply level just above.
Cadchf trading at 0.9810 with resistance level at 0.9860. Intraday support levels 0.9760 and 0.9665.
Silver trading at 30.50 with important supply level just above.
09 February 2011
09.02.2011
Eurusd currently trading at 1.3632. Yesterday it bounced from the supply level 1.3670, breaking the up channel. First important support level around 1.3540.
Eurjpy currently trading at 112.60 with a supply level on the left all the way up to 112.90. Important support at 111.35.
Audusd currently at 1.0108 reacted to the supply level at 1.0185, heading towards support around 0.9980 and lower.
Silver trading at 30.15, with resistance around 30.50 - 31.10.
Eurjpy currently trading at 112.60 with a supply level on the left all the way up to 112.90. Important support at 111.35.
Audusd currently at 1.0108 reacted to the supply level at 1.0185, heading towards support around 0.9980 and lower.
Silver trading at 30.15, with resistance around 30.50 - 31.10.
22 December 2010
22.12.2010
Dollar index trading at 80.45, just above support and up trend line on 1h timeframe. Oscilator in oversold zone.
Eurusd currently at 1.3140. Dipping lower after testing resistance at 1.3180. Supports stand 1.3060 and 1.3000.
Gbpaud hit 161.8 fibonacci extension.
Interesting Saxo Bank prediction says Audgbp will drop 25% in the next year. You can read more here: http://www.saxobank.com/about-us/press/Documents/outrageous-predictions-2011.pdf
This is last post before Christmas so just want to wish you all Merry Christmas. Also hope that next year will bring all of us only good days and many pips :)
Eurusd currently at 1.3140. Dipping lower after testing resistance at 1.3180. Supports stand 1.3060 and 1.3000.
Gbpaud hit 161.8 fibonacci extension.
Interesting Saxo Bank prediction says Audgbp will drop 25% in the next year. You can read more here: http://www.saxobank.com/about-us/press/Documents/outrageous-predictions-2011.pdf
This is last post before Christmas so just want to wish you all Merry Christmas. Also hope that next year will bring all of us only good days and many pips :)
21 December 2010
21.12.2010
Dollar index currently at 80.44, with support at 80.30. Break below support would lead to drop towards 79.80, its lower intraday support. Break above yesterdays high 80.70 would lead to retest 81.30 and higher.
Eurusd currently at 1.3150, capped below resistance 1.3190. Break above would lead to test h4 down trend line as well as resistance area 1.3270 - 1.3290. Important support levels are 1.3060 and 1.3000.
Interesting situation on GbpAud. Pair has reached its 138.2% fibonacci extension target level, heading towards 161.8%. A rally after reaching targets is possible scenario.
Audusd creating possible Head & shoulders to move lower.
Eurusd currently at 1.3150, capped below resistance 1.3190. Break above would lead to test h4 down trend line as well as resistance area 1.3270 - 1.3290. Important support levels are 1.3060 and 1.3000.
Interesting situation on GbpAud. Pair has reached its 138.2% fibonacci extension target level, heading towards 161.8%. A rally after reaching targets is possible scenario.
18 December 2010
Eurusd long term view
On the chart you can see important levels for eurusd i marked on daily time frame (click to enlarge).
16 December 2010
16.12.2010
Gbpusd currently at 1.5610, after bounce from its demand level at 1.5530, heading towards resistance area 1.5720 - 1.5760.
Dollar index after break of 79.90 went straight to its resistance at 80.28. Its reacting to the down side from there, heading towards 79.90, to test it as its support.
Eurusd after the bearflag break, went to 1.3206. From there it bounced back to 1.3265, testing the broken flag. The nearest support levels are at 1.3180, 1.3080 and 1.30.
Dollar index after break of 79.90 went straight to its resistance at 80.28. Its reacting to the down side from there, heading towards 79.90, to test it as its support.
Eurusd after the bearflag break, went to 1.3206. From there it bounced back to 1.3265, testing the broken flag. The nearest support levels are at 1.3180, 1.3080 and 1.30.
08 December 2010
8.12.2010 morning view
Eurusd broke 1.3250 yesterday. Today it went to test it as its resistance. Target for shorts around 1.31.
Gbpusd reached its supply level at 1.5800, first important demand level is at 1.5730
Gbpusd reached its supply level at 1.5800, first important demand level is at 1.5730
07 December 2010
Euro and dollar
Eurusd is currently trading at 1.3370. Euro index is at a little intraday resistance 107.00 seen on m15 chart.
Bigger picture view:
Update: indexes reacted to the levels
Bigger picture view:
Dollar index currently at intraday support 79.30. It bounced from this level yesterday, but failed to pass 80.00. This could be a second attempt to try break 80.00 and move higher. Support is also a 38.2% fibonacci retracement and yesterdays low.
Usdchf is back near the up trendline on h4 timeframe. Testing the support level it created yesterday.
Update: indexes reacted to the levels
02 December 2010
Quick update evening
Euro is trading just under resistance area at 1.3250, while dollar index went to its intraday support at 80.10.
Both intraday levels, m30.
Both intraday levels, m30.
On daily we see Eurusd bouncing from 1.2970, heading towards 1.37 resistance. Dollar index dropping from resistance at 81.50 with its first support at 78.00.
01 December 2010
New month opening - december
For the last 2 days we have seen rally on dollar. Currency pairs reached some key levels.
Eurusd support area 1.29 - 1.265, cluster of candles broken to the upside on the left, now price is there for first time retesting that level.
Euro index confirms.
Gbpusd testing 1.55 for the 2nd time, (first time was just after a breakout of 1.555 on 9.09.2010) which is a support.
Nzdusd reached up trend line on daily chart.
Dollar index reversing from 81.48, 1st supply level on daily chart. Support at 80.00 - 79.50. We also have pre NFP numbers coming out this afternoon.
Eurusd support area 1.29 - 1.265, cluster of candles broken to the upside on the left, now price is there for first time retesting that level.
Euro index confirms.
Gbpusd testing 1.55 for the 2nd time, (first time was just after a breakout of 1.555 on 9.09.2010) which is a support.
Nzdusd reached up trend line on daily chart.
Dollar index reversing from 81.48, 1st supply level on daily chart. Support at 80.00 - 79.50. We also have pre NFP numbers coming out this afternoon.
29 November 2010
Big moves at the end of November
Today we had some big moves. Pretty fast prices reached levels i suggested in the morning as targets and possible turning points (http://forexoholic.blogspot.com/2010/11/after-weekend-situation.html).
Dollar index currently at 81.00, resistance level on daily chart:
Euro index at first support 106.10 with another one lower at 104.00.
Eurusd went through 1.31 and tested 1.3065, currently at 1.3090 looking for support around here as suggest euro and dollar indexes.
Gbpusd fall trough first support level at 1.566 and trading at 1.555 at the moment/ This level is also a little support, with another one - bigger - 100 pips lower.
Dollar index currently at 81.00, resistance level on daily chart:
Euro index at first support 106.10 with another one lower at 104.00.
Eurusd went through 1.31 and tested 1.3065, currently at 1.3090 looking for support around here as suggest euro and dollar indexes.
Gbpusd fall trough first support level at 1.566 and trading at 1.555 at the moment/ This level is also a little support, with another one - bigger - 100 pips lower.
After weekend situation
Eurusd has slightly breached its up trend line on daily chart, however euro index is currently trading at support level 106.70 - 106.10, with another support level little lower at 104.00. This could stop Eurusd from falling lower, before making a decent correction first.
Dollar index has also slightly breach its first supply level at 80.00, but its coming back. Remember that there is another supply (resistance) level just above it at 81.00 - 81.50. You can see both of these levels at daily and h4 timeframes.
We can get a clue also by looking at Usdchf pair, currently at a little supply level. It has tried before to visit this level but supply was so strong that i didnt quite make it and dropped in strong fashion just below 1.00. After reaching demand level at 0.9550 it started pulling back slowly, currently trading at 1.00 level again.
Dollar index has also slightly breach its first supply level at 80.00, but its coming back. Remember that there is another supply (resistance) level just above it at 81.00 - 81.50. You can see both of these levels at daily and h4 timeframes.
We can get a clue also by looking at Usdchf pair, currently at a little supply level. It has tried before to visit this level but supply was so strong that i didnt quite make it and dropped in strong fashion just below 1.00. After reaching demand level at 0.9550 it started pulling back slowly, currently trading at 1.00 level again.
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