MrSami's Blog

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August 7, 2018

Good morning,
Usually, I do my daily technical analysis at the beginning of new day (GMT +3). To write out my blog I am waiting for the morning due to +3H time difference between central Europe timezone
Yesterday was the 1st day of restrictions to Iran forced by USA. Honestly, I usually follow economical events and political actions to check market lows and highs. This time I missed. Probably, I am getting older )
Yesterday we have observed very slow price actions in x/USD and USD/x markets. Ev…
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August 6, 2018

During the month of August, I have posted at least 3 blogs one per day.
However, they are not seen in Trader's Blog.
Why?
How can I be sure that my blog posts are going to be shown in my Trader's blog section?
any idea?
Anyway, good luck to all traders. I will try to find the solution.
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EURUSD Weekly Analysis (August 6-10)


Wish a nice and green week to all!
EURUSD is my favorite pair. Because I love to trade in deep markets. However, it is an owned insturement and can be controlled by ECB. So, sometimes we need luck rather than being correct technically.
EURUSD pair is fluctuating near a major support level for more than 3 months. In my opinion, EURUSD didn't find its support, instead US Dollar index arrived to a major resistance level.
The multi-time technical analysis says that EURUSD should re-test the low of
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EUR/USD Daily Analysis for August 3, 2018

Good luck to all traders.
Today's analysis is so simple. as much as 1.1630 level/zone holds, I expect that EUR/USD will move downward. first target is 1.1510 level, next 1.1450 and 1.13
Similarly, I expect that GBP/USD will continue to down (after rate hike )
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EURUSD Monthly Analysis for August 2018

Good luck to all contestants for August.
Multiple time frame analysis says that break of 1.1630 level for EURUSD opens the way towards 1.13.
Since the low of May 30 at 1.15 level, EURUSD squeezed both from higher and top. Actually, the squeeze was due to dynamics of USdollar. Technically, August monthly analysis says that the squeeze should break down.
Have a nice day
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Daily Analysis notes - July 17, 2018

July 17, 2018
Today we expect a volatile day both in EUR/USD and GBP/USD.
US Dollar indice has been squeezed in daily and needs to test pull back to gain downward momentum.
So,
for EUR/USD best zone to entry long is 1.1670-1.17
for GBP/USD best zone to entry long is 1.32 and below.
have a nice day
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Weekly Analysis

Wish a nice week to all!
On Friday, US Dollar tried to test previous highs. The attempt resulted as a failure and confirmed topping action in multiple-frames.
This week I expect that US Dollar topping will continue and weaken. This means that we will observe price gains in EUR/USD, GPB/USD, AUD/USD and Gold.
Weekly expected target for EUR/USD is the zone of 1.1810-1.1860, for GBP/USD is 1.3450.
have a nice day
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EUR/USD - July 13, 2018

July 13, 2018.
Our mutliple time frame analysis says that EURUSD surge towards 1.1711 and above.
In that case, we will have 2 possible daily scenarios
a) raising towards 1.1711 and trying to test 1.1650-11.1630 zone.
b) first testing 1.1650-1.1630 zone and raising above 1.1711
While scenario (a) will support the existing monthly down-trend, scenario (b) will result in congestion in weekly bars and may pave the way for a raise above 1.18xx.
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Let's begin

Have a nice day friends,
This week we have seen that US dollar index found and great support. Clearly, Dollar-mania trend goes on after a break.
To see new lows in GBP and EUR is will not be a surprise.
my expectations are
  • GBPUSD around 1.29
  • EURUSD around 1.1370
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EURUSD Daily analysis - February 3, 2017

Good day to everyone,
I have started to the week by trading GBPUSD. my weekly analysis was pointing upward. I traded upward and get 89 pips by managing stoploss. Because, the raise of pair failed at resistance. My daily analysis warned me before that happens. Thanks to daily monitoring weekly trades.
Later, I have added two more trades, one in EURUSD, one in AUDUSD.
My analysis says that EURUSD is struggling. I am short in both pairs. Using daily monitoring again I have started to manage my stop…
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