EUR continues consolidation below 1.1000, but Daily indicators are turning to bullish, H4 ones are bullish also, and we have a huge potential of making a sharp move higher which may reach 1.1240 and 1.1530 so be very careful when leaving opened positions through the weekend, huge gaps are possible. Correction is needed and this can happen by the end of this month or beginning of May. First signal will be breaking of 1.0930, and this will be confirmed if we have a break of 1.1000. We have…Continue
Added by Vladimir Mihaylov on April 27, 2015 at 5:17am — No Comments
EUR continues to be under downside pressure because of the financial problems with Greece and speculations that it mey leave the Eurozone next month. Of course such a move will throw financial markets in panic and the pair will drop below 1.000. This will make the dollar very expensive and the price will have a negative impact of the US export too. Above 1.0750 some limited upside is possible to 1.0900 for example where we shall meet the Senkou Span A price level of the Daily cloud. For now…Continue
Today in forex trading the AUD was weak overnight. The AUD weakness started in the Asian session and carried forward to the main session. The GBP/AUD moved higher and has potential up to the 1.9600 resistance. The AUD/CHF dropped and could continue down to the 0.7275 support area. Both pairs are cycling on the H4 time frame. Check the trading signal from The Forex Heatmap® …Continue
Added by Mark Mc Donnell on April 13, 2015 at 9:55pm — No Comments
Today (13 April) I have given Asian session : Live market analysis webinar explaining the session wise expected market moves during the trading days of this week -13-17 April.
the recording of the webinar is posted in www.fxstreet.com under the given below link:…Continue
Added by Dr. Sivaraman on April 13, 2015 at 12:53pm — No Comments
EUR dropped again below the main support 1.0800 and reversed the bullish recovery to bearish continuation. Currently indicators on all time frames are bearish and i expect the downside to continue soon. Breaking below 1.0550 will signal that the pair starts a fresh move to the downside with target 1.0460 and then 1.0420. We have now a strong resistance area at 1.0790-1.0800. Only a Daily close above will reverse the bearish outlook. As long as we are below 1.0650 you may open SHORT…Continue
Added by Vladimir Mihaylov on April 13, 2015 at 5:23am — No Comments
The expected market moves for this week was given during my Asian session : Live market analysis webinar and the recording of the same is available in the given below link:
The market is expected to make trending move in this week - how ever the volatile moves are…Continue
Added by Dr. Sivaraman on April 7, 2015 at 11:16am — No Comments
EUR has recovered a bit and reached 1.1030 again, but it seems we have not enough power to break this higher. Currently the price is locked within the range 1.1030-1.0850. This week we haven't so important economic events and data releases. The most important thing will the the FOMC minutes and it is expected the dollar to loose some price, but it won't be much. EUR will try to take advantage and to preak above 1.1030. This week's upside target will be 1.1310 and 1.1030 will remain the…Continue
Added by Vladimir Mihaylov on April 6, 2015 at 5:46am — No Comments
We are into the week where in the month of March gets over and New month April begins - (30 March -03 April )- the market is expected to make monthly trend reversal moves.this time around.So trade with caution.
I have explained the expected market moves for this week 30 March to 03 April during my Asian session: Live market analysis webinar time.The recording of the webinar is available in the given below link:…Continue
Added by Dr. Sivaraman on March 30, 2015 at 1:45pm — No Comments
EUR climbed up last week and even reached 1.1000 but quickly dropped back. The pair is now supported on Daily at 1.0790, however Daily and H4 indicators point to the downside and it seems for now the pair does not have anough power to break the 1.1000 resistance. So all eyes are now at the support area 1.0810-1.0790, breaking of this will test 1.0660 and 1.0520. Today we shall have the Germany's CPI and some not so important data from the USA. If the economic data from Germany is positive…Continue
Added by Vladimir Mihaylov on March 30, 2015 at 5:09am — No Comments
Today (23rd March) I have given the "Asian session: Live market analysis " webinar explaining the expected market moves for this week 23-27 March.
The link to view the recorded webinar is given below:
We could see week beginning false…Continue
Added by Dr. Sivaraman on March 23, 2015 at 8:51am — No Comments
Dollar has made some pullback after last week's mrs.Yellen's speech and gave other currencies some fresh air. However the recovery is just too small to change the bearish outlook across the markets. Most of the pairs are currently stuck at the resistance levels and need some fundamental data to break them or bounce back to the downside. Later today mr.Draghi speaks, and EU's economic sentiment index will be released may be these two will push the EUR to the downside again, but not so strong.…Continue
Added by Vladimir Mihaylov on March 23, 2015 at 6:06am — No Comments
EUR has lost 1.1000 support last week and then dropped for another 500 pips. So we are now another step closer to parity. The pair is bearish on all time frames except H1, where it is trying to consolidate and to build support around 1.0500. It will be difficult today, but tomorrow we have the ZEW data from Germany and if it is better as expected this may help the EUR to clumb up to 1.0650 and 1.0690. but for now we remain bearish with support 1.0460. However the recovery can be quite short…Continue
Added by Vladimir Mihaylov on March 16, 2015 at 5:45am — No Comments
EUR dropped heavily last week and is now trading far below 1.1000. Current conditions show the pair is extremely bearish with no signs of correction higher. Indicators on all time frames are bearish and the pair is going to drop further. It has reached some support area between 1.0800 and 1.0830 which probably will stop further downside for now and the pair may also recover a bit to 1.0900 till Thursday, when i expect another downside and breaking the 1.0830 support. Bad times for the EUR…Continue
Added by Vladimir Mihaylov on March 9, 2015 at 7:06am — No Comments
Today,02 March, I have given Asian session:Live market analysis webinar explaining expected market moves for this week .This being first week of the month the market is expected to make very volatile moves with upward bias.
I have explained the expected market moves during BOE and ECB interest rate decision ,ECB press conference and NFP data release times.
You can view the recording of the webinar following the given below link:…Continue
Added by Dr. Sivaraman on March 2, 2015 at 4:51pm — No Comments
After last month's EUR pullback seems that the EU currency is ready to go south for another wave. The pair has lost 1.1200 level again and is currently trading below, with no signs for any upside for now. indicators on almost all timeframes are bearish which tells me that soon we are going to 1.1100 and below. Daily resistance here is at 1.1350 and only above that we may hope for further recovery. The pair is bearish below 1.1300 on Daily any price below this level will be used to open fresh…Continue
Added by Vladimir Mihaylov on March 2, 2015 at 7:49am — No Comments
EUR remains in consolidation despite the sudden Friday volatility on Greek financial conditions agreement. H4 and Daily indicators are flat and give no information for the future, while Weekly ones seem to point to the upside. Today Germany's IFO data will be released and it is expected to be better than previous so this will be in favor of the upside movement. It is good to know that at 1.1660 we have a quite strong resistance and breaking above will be very hard. So for now i think that…Continue
Added by Vladimir Mihaylov on February 23, 2015 at 7:30am — No Comments
we are into the 3rd week of the month of February.The market is expected to continue the trend set during second week,during this week.
I have explained in details the forecast - expected session wise market moves for this week 16-20 February.,during my todays's (16 Feb) Asian session: Live market analysis webinar..The recording of the webinar is available in the given below link.…Continue
Added by Dr. Sivaraman on February 16, 2015 at 8:21am — No Comments
EUR has stabilized the price above 1.1300 and seems ready to start recovery to the upside this week. Economic data that is going to be released is expected to support the upside movements too. First support comes at 1.1405 above this one we are bullish and the target is 1.1450-1.1475-1.1495-1.1530. Above the last comes the first significant resistance area between 1.1545 and 1.1575. As you can see it is pretty wide and it is even stronger with the help ot the H4 SMA200 which passes through…Continue
Added by Vladimir Mihaylov on February 16, 2015 at 6:17am — No Comments
EUR opened today with a small downside gap but the 1.1290 support stopped the downside move and the price bounced back to 1.1340 resistance. Next resistance comes at 1.1360-1.1380 area and above that the upside will accelerate. Target will be set at 1.1530, but before that 1.1410 and 1.1440 have to be broken too. This week there are few important economic releases and this somehow will help the EUR to recover further to the upside, but i do not expect for now recovery above 1.1600. To the…Continue
Added by Vladimir Mihaylov on February 9, 2015 at 6:39am — No Comments
We have seen a prolonged USD gaining moves till last week .from this week 02-06 Feb we could see month beginning trend reversal move with upward bias and more upward trending moves are expected from next week in other majors.I have explained the forecast during my asian session; live market analysis webinar .The recording of today's webinar is available under the given link:…Continue
Added by Dr. Sivaraman on February 2, 2015 at 11:35am — No Comments