The rate entered a phase of a downward correction, moving away from a 32-month high reached in early January. The development of the correction was facilitated by the strengthening against…
Continue readingAs usual, I start my review with the daily chart. I wanted to start with a monthly one, but then changed my mind, since the daily chart gives enough information…
Continue readingAs usual, let's start our review by looking at the daily chart. What you should pay attention to? Firstly, yesterday the pair broke through the resistance at 127.070, which formed…
Continue readingThe euro tested the resistance level of 1.2340, but failed to break it. Subsequently, the pair sharply corrected down on the average volume, which indicates a certain interest of large…
Continue readingThe euro resumed its growth and now the price is trading near the resistance level / upper border of the local consolidation 1.2245 – 1.2255. The upward move was sharp,…
Continue readingIt took the European Union and the United Kingdom “only” four and a half years to agree on what many call the largest “divorce agreement” in history. Reuters said this…
Continue readingThe euro resumed its growth yesterday. The upward movement was strong, sharp and supported by large volume. This indicates renewed interest on the part of major players (imbalance in purchases)….
Continue reading(DXY) The market remains in a bearish trend, a corrective wave develops. A sell-on-pullback entry point will appear after the completion of the correction on the daily timeframe. Short positions…
Continue readingThe euro tested the support level 1.2228 – 1.2236, after which it resumed its growth. It should be noted that a large volume is concentrated at this mark. It is…
Continue readingEuro resumed its growth and now the price is testing the resistance level 1.2155 – 1.2170 again. Considering the impossibility of sellers to push the price down, which indicates their…
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