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- fxghost replied Aug 13, 2015
Break up occurred and it was false. image
- fxghost replied Aug 13, 2015
I do expect a false break above today's Asian highs. Will wait for a reversal pattern to go short. image
- fxghost replied May 24, 2013
eur/usd is at crossroads. It should go below 1.2800 in the nearest future. For the time being 1.3000 is the resistance (I buy a break if today's news pushes it above that) and sell 1.2900 support break if the news is positive for the greenback.
- fxghost replied Apr 15, 2013
We are in a bullish swing and the target for the week is 1.3300 level. Buy support at 1.3030 (after 123 or other bullish reversal pattern) or buy a breakout of 1.3140.
- fxghost replied Apr 3, 2013
The pair is being accumulated as higher highs and higher lows are clearly seen on hourly charts. 1.2885 is resistance. I go long at the break of it with a target of an even number 1.3000 and stop loss 1.2824.
- fxghost replied Mar 22, 2013
Finding resistance at the trendline. Let us see if a reversal pattern develops.
- fxghost replied Mar 22, 2013
eur/usd is definitely correcting, but we have two resistances ahead. Well, the first one is being dealt with at the moment (1 hour 200 sma). The second is the trendline at around 1.3000 level. I am not buying, but waiting for Euro to lose steam and ...
- fxghost replied Jan 30, 2013
eur/usd broke its' weekly resistance and is above 200sma on weekly chart too. Well, road to 1.4250 has just been opened up. Buy on dips.
- fxghost replied Jan 24, 2013
Ten days in a triangle pattern. Expect a breakout soon. Today's data can move the pair out of its current range. I am ready to go either direction: buy or sell a breakout.
- fxghost replied Jan 16, 2013
Classical set up when resistance becomes support. 1.3245 used to be resistance, now it is support and it holds. Buying on dips target 1.3500. Hope to reach it this week.
- fxghost replied Jan 3, 2013
It is time for the pair to go down. Investors will again remember Euro zone troubles and come back to shorting the currency. Very important support was broken today and if it holds the path of least resistance is down.
- fxghost replied Dec 18, 2012
The pair will probably continue its' upward move till the end of the year. Have a small long from 1.3189 (stop loss 44) pips. Becoming more and more bearish as the New Year approaches. Still mildly bullish though. Next target is at 1.3480 (this year ...
- fxghost replied Dec 17, 2012
After FED meet the trend continues to be bullish in eur/usd. Resistance is at 1.3200 now. One possibility to go long is buying a break above that level. Another waiting for a dip and then a reversal (123 pattern or bullish candles on 4 hour charts).
- fxghost replied Nov 7, 2012
The pair is at key support. I go short below today's low. Stop is at 1.2876, possible target 1.2000 level. Very nice risk/reward ratio! Adding to shorts on the way down. Tomorrow's release (ECB) will probably trigger the fall. eur/jpy will follow. ...
- fxghost replied Sep 26, 2012
Although sellers dominate the pair the pressure down is not very strong. Stronger support is coming at 1.2750. Other demand area is at 1.2650-30. Market switched from trending (upwards) to ranging.
- fxghost replied Sep 20, 2012
Just by purely looking at candles it is clear that buyers are not stepping in yet, but the size of falling candles shows that seller are not strong too. Big boys are waiting for some fresh fundamental news. Then activity will increase.
- fxghost replied Sep 19, 2012
Expect some ranging for the time being. I am neutral. Waiting for big sellers to step in. Support at 1.3000 now, key resistance at 1.3485. The pair will stay between these levels for some time.
- fxghost replied Sep 10, 2012
After these wild Fridays we usually have reversals. But as the trend is upwards I am looking for buying at 1.2640-1.2600 area (when I see a bullish pattern formed).
- fxghost replied Sep 4, 2012
Previous high is broken. Support is at 1.2585 now (place for buying). Nearest resistance is quite close too: 1.2690. Trend still upwards.
- fxghost replied Sep 1, 2012
The pair should range a little at these levels and then climb higher to 1.3000 level, because real supply starts there. Other areas are minor resistance levels.