EUR dropped once again following the failure to reach any agreement between Greece and European partners. Prepare for another drop tomorrow evening when is the deadline for Greece to pay the money. This week we have plenty of economic data but it all doesn't matter in the current situation. Markets are close to a panic state, and you should be extremely careful. If Greece is kicked out of the eurozone, EUR will drop dramatically to 1.04 and even below 1.0000 and GOLD will be reborn with…Continue
EUR consolidates again just above the important support 1.1050 after Friday's drop caused by a lot better than expected US NFP. The situation right now is quite difficult to forecast because the chances of going up again or break below 1.1050 are almost equal. Today some data from Germany will be released and the expectations are for worse values than previous, this will prevent the EUR from going up i think. On Thursday US jobless claims will be released and some more economic data for the…Continue
FTSE-100: expected trading R 7.160 & S 6.890, bullish, more accurate financial forecast order on boursajeeclub.com.
DAX-30: expected trading, R 11.850 & S 11.240, waiting 4 bullish entry , more accurate financial forecast order on boursajeeclub.com.
S&P-500: expected trading, R 2180 & S 2010, bearish, more accurate financial forecast order on boursajeeclub.com.
DJ-30: expected trading, R 18.280 & S 17.840, bearish , more accurate financial…Continue
Added by Pierre Chahine on June 2, 2015 at 1:13pm — No Comments
Gold: expected trading, R 1224 & S 1162, waiting 4 bearish entry, more accurate financial forecast order on boursajeeclub.com.
Silver: expected trading, R 17.80 & S 15.60, waiting 4 bearish entry, more accurate financial forecast order on boursajeeclub.com.
Oil: expected trading is R 62.80 & S 56.10, bearish, more accurate financial forecast order on boursajeeclub.com.
Brent: expected trading, R 68.40 & S 61.20,bearish .more accurate…
Added by Pierre Chahine on June 2, 2015 at 1:09pm — No Comments
Boursajee Club Currencies Reading for 02/06/2015.
EUR/USD: expected trading, R 1.1120 & S 1.0780, waiting 4 bearish entry, more accurate financial forecast order on …Continue
Added by Pierre Chahine on June 2, 2015 at 1:00pm — No Comments
We all have heard of the Millions people have made trading stocks and Forex. However, the question is which on is better. It reminds me of the Apple and Samsung Fan boys, who claim their device and platform are the best.
Before I had a system trading Forex was extremely difficult for me. Like all the other traders I would let my trade ride 30-40 maybe even 100 pips before I would off for a mere 3-4 pips. Or I would scalp and make 1-2 pips after the dreaded spread.…
Currently we are at 137.61. We are looking for a continuation to the 1.618 Fibo Resistance area @ 138.46 which should produce the head of a head and shoulders pattern. The average daily true range (ATR) for the pair currently is 126 pips.…Continue
Added by Scott Barkley on June 2, 2015 at 12:38pm — No Comments
AUDUSD: Turns Higher On Strength
AUDUSD: With the pair halting its weakness and strengthening, more gain is envisaged. On the downside, support resides at the 0.7650 level where a breach will aim at the 0.7600 level. Below that level if seen will set the stage for a run at the 0.7550 level. A cut through here should target further downside towards the 0.7500 level. On the upside, resistance lies at the 0.7800 level. A cut through here will turn attention to the 0.7850 level and then…Continue
Added by fxtech on June 2, 2015 at 9:26am — No Comments
Outlook in EURUSD remains neutral as long as 1.0928/1.0870 support holds on a daily closing basis, resistance comes at the 1.1000/1.1061 levels, a halt is likely but a break would open 1.1151 before the next fall. However, a clear break above the 1.1151 levels will extend recovery towards the 1.1326 levels before the next fall..
On the downside, support comes at the 1.0928 levels ahead of the 1.0870 levels (main), a clear break -sustained breakout – below the 1.0870 levels will…Continue
Added by Haitham653 on June 2, 2015 at 6:12am — No Comments
R4 - 1.1153
R3 - 1.1062
R2 - 1.1043
R1 - 1.1015
S1 - 1.0924
S2 - 1.0868
S3 - 1.0819
S4 - 1.0732
SHORT AT 1.0930 FOR 1.0735; STOP AT 1.1015Continue
Added by Andrius on June 1, 2015 at 8:08pm — No Comments
Made a very nice profit on EUR.USD. Share your strategies with me, and Ill be happy to share mine.
check my chart out.
Added by Dao on June 1, 2015 at 5:23pm — No Comments
Added by Dao on June 1, 2015 at 5:21pm — No Comments
Currently we are at 1.4335. We are looking for a continuation to the Day top area @ 1.4424 and then a fall. The average daily true range (ATR) for the pair currently is 152 pips.…Continue
Added by Scott Barkley on June 1, 2015 at 12:37pm — No Comments
BUY GBP USD AT 1.5210 STOP LOSS 1.5190 TP 1.5260
Added by A PRASAD REDDY on June 1, 2015 at 9:30am — No Comments
SELL CHF/JPY AT 131.56 SL 132.06 TP 131.00
EUR failed to stay above 1.1000 last week beacuse of the fears about the rumors of Greece leaving the Eurozone soon. Everybody is waiting to see what will happen this month. Of course such move will throw markets into panic for several days and this will affect badly all pairs with much unpredictable moves, so i doubt that someone has interest of Greece leaving now. Greek's prime minister knows this and i must confess he is using it well against his partners. In this difficult situation it…Continue
Added by Vladimir Mihaylov on June 1, 2015 at 5:06am — No Comments
A big bullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the…Continue
Added by Nathan Kay on June 1, 2015 at 3:15am — No Comments
EURUSD: Closes Flat With Eyes On The Upside
EURUSD: With EUR closing flat the past week, it faces the risk of a move higher in the new week. Resistance is seen at the 1.1050 level with a cut through here opening the door for more upside towards the 1.1100 level. Further up, resistance lies at the 1.1150 level where a break will expose the 1.1200 level. Conversely, support lies at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will aim at the 1.0850…Continue
Added by fxtech on May 31, 2015 at 4:07pm — No Comments