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EUR/USD update

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Previously

On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

Price made a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row. This double top can guide us much more below current
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EUR/USD update

___________________________________
Previously

On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

Price made a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row. This double top can guide us much more below current
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EUR - to break or not to break thats the question

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on 6 Jan:
EUR / USD
This pair made ​​a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row . This double top can guide us much more below current price if medium-term turn descending, but its too early to better conclusions about his validity also about the target, I must go one step at a time.
For now, it seems that the medium-term uptrend ended after the daily double top, if so price will breakdow
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floge avatar
floge 7 Янв.

YES! my call was just in the high :-D the important thing is the TL, lets see if it breaksdown

floge avatar
floge 8 Янв.

HEY, is it trying to break the TL?! (I know, no one is listening. this is for my registration and i love talk to myself :-D )

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EUR/USD setup

Long-Term
On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

The price so far failed to clearly breakout the 1,37 long-term resistance zone and at the moment we can see a potential double top on weekly chart.


Medium-Term
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alincik avatar
alincik 3 Янв.

Good luck!

floge avatar
floge 3 Янв.

thanks alincik!

floge avatar
floge 3 Янв.

i'm in: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=225211455&tab=feed#blog-item-225211455

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Is it a Bird? Is it a Plane?

no... it's a three eyes flying critter :-D
The pair EUD/USD has potential double tops on 3 timeframes.
On the long-term timeframe we can see a sideways movement between prices 1,52 - 1,17. Since the minimum price of July 2012, we are ranging with top at 1,37. If we clearly Break up this level, the path will be free to return to the top at 1,52 area.
The price so far failed to clearly break up the long-term resistance. We are currently in a short-term trading range, and at the moment we can see …
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Daytrader21 avatar
Daytrader21 30 Дек.

If it looks like a duck walks like a duck quacks like a duck than it's a DUCK:))

floge avatar
floge 30 Дек.

then we eat it :-D

kaled avatar
kaled 31 Дек.

good , better with more explanation

floge avatar
floge 31 Дек.

please let me know which points I should explain better, I'd love try to do it :-)

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Today's Trade

EUR/USD
Long Term - Looking at the monthly chart we can see a sideways movement between prices 1,52 - 1,17. Since the minimum price of July 2012, we are ranging with top at 1,37. If we Break up this level, the path will be free to return to the top at 1,52 area. Medium Term - We have an ascending uptrend since we broke up the 1,34 level. If this trend continues we may breakout the 1,37 level. Short term - Also in uptrend, in an ascending channel. So, I'm trying to buy it at 1,3570 and then i'll …
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floge avatar
floge 6 Дек.

link to follow this trade: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=222132039&tab=feed#blog-item-222132039

floge avatar
floge 6 Дек.

closed overnight +84 pips: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=222132039&tab=feed#blog-item-222132039

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EUR/USD update

my 17-Sep post :
1.37 is waiting for us

UPDATE: We arrived at 1.37, maybe now we can go back at least to consolidate or not. Still strong, await signs.
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Maria_r avatar
Maria_r 20 Окт.

+1

geula4x avatar
geula4x 20 Окт.

+1 Liked: IMHO EUR/USD will break and hold above 1.3711. Then, continue towards 1.4000. Happy trading this week :-)

floge avatar
floge 21 Окт.

gl this week :)

geula4x avatar
geula4x 23 Окт.

IMHO we'll now a see EUR/USD pull back to test 1.3700 previous resistance, now support area. Then a continuation towards 1.4000. Happy trading today :-)

floge avatar
floge 23 Окт.

atm i have no idea :-| i must wait

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EUR/USD

1.37 is waiting for us
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ilonalt avatar
ilonalt 17 Окт.

i guess it will get down since now little by little. We will see....

floge avatar
floge 17 Окт.

for now is still going strong, let's see what happens at this level

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