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Another Range-Bound Month for the Euro

fxsurprise8 Posted 31 Mar as Analysis on EUR/USD, Target: 1.0654, Date: 1 di Maggio, 12:00 GMT  in #Technical analysis #EUR #USD #Ecb #EUR/USD #Us Dollar #Greenback #Range Bound #Single Currency #Congestion
The Euro had another range-bound month. We opened March at 1.0576, first traded to a low of 1.0494, then to a high of 1.0906, only to fall back down to 1.0654 today.
The chart above shows this volatile but ultimately indecisive market movement. On our second chart below we can see that this range-bound movement has been happening for the past few months, not just one month. The large rectangle on this chart shows March while the smaller ones show important turning points in the market.
Notice ho…
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US dollar index bounced when hit rising trendline

Haynes6EU Posted 4 Mag  in #Trader's blog #Dxy #Greenback #Us Dollar Index
Hello Community,
USD has sold off after series of bad data and especial US GDP Q1 2015 and dovish tone from FED. DXY index bounce a little after hit rising trend line. Can the trend line hold? Is economic data in Q2 better? USD reversal or Bulls run only stop temporary? I don't know. Follow the chart and market will tell us and shows signal!
Regards,
Haynes
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The next resistance level for GBPUSD

Haynes6EU Posted 23 Apr  in #Trader's blog #GBP #Cable #Gbpusd #Pound #Greenback
Hello community,
The pair GBPUSD has break 1.5 level and stand above this level few days and it seems that market is looking forward the next resistance level to jump in new short entry. That chart below shows me the next level around 1.516~1.518. This would be nice short setup with tight stop above 1.52! About timing: I think we should have to wait early next month!
Have a good trading day
Haynes
Ps: SMA(100) fit with Fibo 61.8% in the chart!
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GBP - USD - JPY analysis!

Haynes6EU Posted 17 Apr  in #Trader's blog #Usdjpy #Yen #Cable #Gbpusd #Gbpjpy #Pound #Greenback
A quick view about GBP, USD and JPY.
- GBP: Economic data: CPI flat and near to deflation, unemployment rate continue to improve. Monetary Policy stance is neutral. Risk ahead: uncertain about the General elections on May 7th and worry about deflation.
- USD: is consolidating after seri of weak economic data and uncertain about time to start rate hike!
- JPY: After QQE, it seems that BOJ is waiting for more signal from economic data before make decision. Question for market is what is the parity…
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CommunitySupport avatar
CommunitySupport 20 Apr

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Haynes6EU 20 Apr

My opinion: GBP bearish; USD bearish or neutral and JPY neutral or bullish!
--> I means GBPJPY could be great pair to trade in the next coming months

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Haynes6EU 20 Apr

Thanks Community Support for Dukat points :)

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NZD/USD - ,,Greenback'' struggles!

Metal_Mind Posted 29 Mar as Analysis on NZD/USD, Target: 0.7496, Date: 1 di Maggio, 12:00 GMT  in #Technical analysis #NZD #USD #Bullish #Price #NZD/USD #Retested #Greenback #Struggles #Developments
  • Charts: 4 H,1 Day
  • Elements used: Fibonacci Fan Lines,Retracements, CCI , Support & Resistance
  • Current Level : 0.7638
…
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Metal_Mind 14 Apr

UPDATE 1:The pair reached the targed already retesting it until now for at least 2 times.The current deviation is only 14 pips from target but with half a month to go there are still a lot of price developments to factor in right now.

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Metal_Mind 18 Apr

UPDATE 2:  Recent US macroeconomic weak data send the dollar in the red territory and helped all other currencies gain as result including the kiwi. From a technical point of view i can say current price development lead me to the idea that my target could not been reached but i hang on and think that we could see see the greenback recoup .

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Metal_Mind 30 Apr

UPDATE 3 : Current price is 0.7691 which is really a long way from my target. The only way to hit the current target would be  to see tomorrow a fast sell which from a technical point of view can be highly probable.

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Metal_Mind 1 Mag

FINAL UPDATE : After 2 hours  since settlement the prediction hit the target. Late but still a great prediction . I am very proud of this result.

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GBP/USD-Bull Run Stalls

Metal_Mind Posted 30 Dic as Analysis on GBP/USD, Target: 1.6597, Date: 3 di Febbraio, 12:00 GMT  in #Technical analysis #Pips #GBP/USD #Consolidation #Taper #Sideways #Stall #Booked #Greenback
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.6487

GBP/USD has a major support zone at 1.4811 from which in July this year the pair started to show signs of a bull rise which latter had been confirmed as a lasting bull trend when it reached a major resistance zone at 1.6265.The pair encountered a 1 month and a half sideways movement and cosolidation before the November 13 breakout which bo…
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gmoney7 30 Dic

Very perceptive analysis...

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Metal_Mind 28 Gen

UPDATE 1 : CUrrent price level is 1.6573 which is only 24 pips bellow the target. Until now this prediction evolved acordingly as predicted but since there are so many days to go it is posible at the settlement time that this prediction might be far from target.

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Metal_Mind 1 Feb

UPDATE 2: Even though this initial deviation was only 24 pips the Friday close price is 1.6432 and increased the deviation by 160 pips now. We shall see if the pound has enough stregth to lift up and recover.

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USDRUB- Rouble lose ground!

Metal_Mind Posted 7 Nov as Analysis on USD/RUB, Target: 32.6300, Date: 2 di Gennaio, 12:00 GMT  in #Technical analysis #RUB #USD #Dollar #Analysis #Technical #Fibonacci #Fan #USD/RUB #Greenback #Rouble

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 32.39
Russian rouble as seen in chart 2 ,starting from March 2012 has strengthen considerably against the us dollar until mid January 2013 when it started to lose ground constantly against the '''greenback''' .At August's end , rouble had an sharp attempt to gain some track against the dollar which didn't last as can be seen on chart bellow.The dol…
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Metal_Mind 26 Dic

UPDATE 1 : Current price level is 32.68 with prospect of lower grounds. Having in mind that we still have some trading days to go anything can happen. We will just have to wait and see.

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