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honeill replied Jun 20, 2014A warning to the Short skippers, EURUSD broke through the 1.36 level to the upside, dangerously close to levels that could spark a short squeeze in positions implemented post-ECB announcement.
EURUSD
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honeill replied Jun 19, 2014I can see a EURUSD consolidating in a wide range it’s very possible that the summer range could be between the 1.35 level on the bottom, and the 1.37 level on the top. Good for short-term trades.
EURUSD
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honeill replied Jun 18, 2014Today we have the Fed Interest Rate Decision and Fed's Monetary Policy Statement and press conference may influence the volatility of the pair and set the tone for the rest of the month.
EURUSD
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honeill replied Jun 17, 2014EURUSD is ranging from 1.35 to 1.36 and waiting for the Fed Interest Rate Decision and the Fed's Monetary Policy Statement and press conference tomorrow at 18:30 GMT, so until them no one is risking a direction.
EURUSD
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honeill replied Jun 16, 2014EURUSD is in a choppy daily consolidation respecting the support of 1.3511. Can EURUSD break this support and continue downward to 1.3470?
EURUSD
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honeill replied Jun 13, 2014EURUSD fell during the course of the session on yesterday, testing the 1.35 level again and bounced high from the massive support area, forming a hammer pattern. We could see more buying on a break of the yesterday’s highs sending EURUSD looking for ...
EURUSD
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honeill replied Jun 12, 2014EURUSD is stuck in a 100 pip range between 1.35 and 1.36, so the recommendation is to short @ 1.36 and buy @ 1.35.
EURUSD
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honeill replied Jun 11, 2014An important level to watch on EURUSD is the 1.35 handle! If price breaks it to the down side we could see it going as far as 1.3476 or even 1.34 handle.
EURUSD
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honeill replied Jun 10, 2014I hope so, EURUSD is below the 1.36 handle again
, but no clear direction
. Choppy action all around
!EURUSD
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honeill replied Jun 9, 2014GBPUSD on the daily chart, the price is moving down along with a bearish trend. On the break of the trend line around 1.6850, we should see an upward thrust.
Cable Update (GBPUSD)
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honeill replied Jun 6, 2014The ADP data were much worse than expected. Market expectations were for a 210,000 reading, but it was only 179,000. So the expectations for the NFP today are 218,000 and I think they will be 187,000 worse than expected. EURUSD, GOLD should rise and ...
EURUSD
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honeill replied Jun 5, 2014Today is the day that everyone was expecting, ECB Monetary policy statement and press conference. So what should we expect? A rate cut today is more or less a done deal and …?
EURUSD
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honeill replied Jun 4, 2014The rate reduction is expected based on last ECB speech. But if no action is taken now then EURO will rise and the ECB losses its credibility. Also the NFP number will have an impact on the EURUSD this is a heavy week on economic data so be aware of ...
EURUSD
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honeill replied Jun 3, 2014I'am just looking to go short below the 1.3585 level and targeting just above 1.3500.
EURUSD
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honeill replied Jun 2, 2014I think EURUSD will range from 1.3600 to 1.3642 until Thursday at the ECB Monetary policy statement and press conference.
EURUSD
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honeill replied May 30, 2014Real action is next week. The next week will define the rest of the month. (ECB, Nonfarm payrolls, EU GDP)
EURUSD
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honeill replied May 28, 2014Looks like a bearish flag to me. I'am going short!! Thanks for the chart.
AUD/USD
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honeill replied May 27, 2014Well EURUSD has lot of resistance (10 and 200 day MA) along the way up to the 1.3700 level.
EURUSD
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honeill replied May 26, 2014Today EURUSD is having a breath (Memorial Day) before the next fall!!
EURUSD