SILENT HUNTER 4 - "SUBMARINE WARFARE" Here is an excellent video for traders to watch. Teaches how much preparation needs to be done BEFORE PULLING THE TRIGGER. At the end of this video the moral is summarized: "Manual Aim Takes Time And ...

EURUSD

EUR-USD broke below 1.4100. Unless 1.4246 is taken out we have a "Head & Shoulders" pattern on 4 HOUR chart. See Chart. It will be interesting to see how today closes. It will give a clue as to the market structure for NFP.

EURUSD

EUR-USD held 1.4100 area and got a push higher. The volume in overnight trading is low. Should pick up when European/London markets open. Attached is a 4 HOUR chart of EUR-USD. The next resistance level is at 1.4246 and then Tuesday's High 1.4338. ...

EURUSD

As Wednesday comes to an end we find that EUR-USD retraced all the gains it made on Tuesday. Looking at the DAILY chart we find that we have a bearish candle formation. With support at 1.4099-1.4109 area. A break of this level and we can get sellers ...

EURUSD

EUR-USD made another high Tuesday. (See Previous post). Looking at DAILY Chart it seems that we can go UP further. See DAILY Chart. Looking at WEEKLY chart we see the down trendline and wave C-D objective come around the same area.

EURUSD

EUR-USD is getting support from yesterday's low of 1.4099. If 1.4099 holds then we are going to see the pair go much higher taking out Monday's high of 1.4246 Key to successful short is a break of 1.4099 level, targeting 1.4050 area. See DAILY and ...

EURUSD

EUR-USD had a smaller range day on Moday. We had a German and French Bank Holiday. For Tuesday with all Banks open in Asia, Europe and Americas we should see greater volume. For Tuesday on the Fundamental side we are looking at the following ...

EURUSD

EUR-USD prices can move up swiftly. US Govt is looking for another stimilus package of several billion. If 2nd stimilus goes through we could see a dramatic fall in USD. Thanks for the fundamental report.

EURUSD

EUR-USD WEEKLY line-chart shows a resistance level at 1.4059. IMO we should see some selling come in here. But this last move up is fundamentally based and technicals had little to do with it. With Stochastics stuck in extreem over-bought level we ...

EURUSD

EUR-USD & GBP-USD both are in over-bought area. IMO we should see a drop in price of both pairs. See EUR-USD & GBP-USD 4 H Charts

EURUSD

DX Chart.... Daily and Weekly. DX seems to have gotten to a very over-sold area. The Stoch on both WEELKY and DAILY charts are over-sold, but have not turned up yet. A reversal day should be coming soon.

EURUSD

EUR-USD Technical level....

EURUSD

EUR-USD has taken out the high 1.3923 and is moving higher. No retracement in sight. One thing to look at is the Stochastics on HOURLY, 4 H, DAILY charts are all above 90. So how far up we go from here is anyone's guess. I am of the opinion that we ...

EURUSD

EUR-USD moved up to achieve its 1.3919 objective. We are now at the top of the up-Channel on the DAILY chart. On 4 H chart we have made a doji. And on the HOURLY Chart we have reached the top Bollinger Band as well as the Stochastics is in the ...

EURUSD

EUR-USD is still in the DAILY up-Channel. The 4 H chart is more bearish now as we have broken below 1.3754 support. But prices hugging the lower Bollinger Band of the HOURLY chart seem to have found some support. Short term we may see some more ...

EURUSD

EUR-USD consolidating. See HOURLY Chart. Bollinger Bands have contracted. We have USD Unemployment claims coming out at 8:30, which should move the market. Market overall bias from daily chart is still up. On the upside we have key level of ...

EURUSD

EUR-USD made volatile move up & down. Coming back inside the triangle. I have discounted this price action as movement on EUR & GBP report releases. If 1.3754 holds we have a good chance of going higher. But if 1.3754 breaks we should have a H&S ...

EURUSD

EUR-USD Head & Shoulders pattern (see last post) did not mateialize. We have not broken below 1.3754 level. On the HOURLY Chart we have a bullish pattern. See chart. But how much higher it will go is debatable. We have hit top bollinger band, so we ...

EURUSD

EUR-USD update. We are still in a bullish channel on a Daily Chart. On the smaller time frame (30 min chart), we have a head & shoulder's pattern. If 1.3754 is broken then we can look for the target of 1.3683 area.

EURUSD

EUR-USD is in an up channel on DAILY Chart. Resistance comes in at 1.3722 and then at 1.3736. With bullish candle on Monday and a continuation of bullish momentum on Tuesday we find that our head-and -shoulders pattern on 4 H chart will be broken if ...

EURUSD