Only charts

Eurusd is back to the broken resistance at 0.9935 area , after rallying to 1.01$ this week. A consolidation at this area is expected before running again to the upside , I see we might be heading to 1.0330 next week.

Hello everyone ,  Euro/Usd pulled back from 1.2250$ just 100 pips below multi year high and testing 1.1770$ area. This area is going to hold any break below and will definitely give support a bullish trend to build up to break above 1.2350$ area. Immediate strong resistance for the pair would be 1.1970$ followed by 1.2140$ Start buying large now and build up till 1.2140$ then hold for a bullish run till 1.3470$

Euro is keeping its bullish trend and will probably continue to historical 1.30$ , but in the short term , euro should be breaking 1.23$ area and continuing higher to brek above mutli year highs of 1.26$. Euro found support at 1.17$ , which initiated a rally of more thab 300 pips before bulling back towarsa 1.1960$ where it found support again and rallied another 200 pips , the strong momentum for the euro is still upwards and we should be seeing more gains in the coming week. The rally today was supported by disappointing NFP figures for the US.

European central bank (ECB) is expected to raise deposit rates in Q3 2019 but that has faded now. It is also expected to raise refinancing rates in Q1 2020 , previously was at Q4 2019. Euro is currently trading at 1.1420$ with low at 1.1389$ and high at 1.1440$ .

 Bears have been dominant on eur/usd since mid October , , However , there is a new bullish trendline is in formation since mid November after finding the low at 1.1210$. Those who have been trading euro for the last 3 years , will definitely recall that famous resistance and support area in early 1.12$ and it has proven its reliability once again. Euro rallied on friday after Non farm payroll report which missed the forecasts while unemployment cam flat at 3.7% , However , the bearish trendline stood still against this rally and euro gave back those pips to fall again to 1.1390$ from 1.1425$ . Euro may find support again at 1.1330$ area where it may meet the red bullish trendline . On the upside , breaking the bearish trendline will open space for retesting 1.1520$ again. I recommend going long again from 1.1375$ area .

Eurusd is trading currently at 1.1635$ , up almost 50 pips from last night close. As recommended earlier last friday , long the euro to 1.20$ , however I will be advising short term trades as well , all of them will be on the buy side ofcourse , because you can not against the flow. Keep following for updates. The low on the day is 1.1578$ , high is 1.1645$ , the pair is currently testing a bearish trendline and it has to be broken before the euro continues its rally towards 1.20$ Next strong resistance is 1.1740$ which acted as 4 tops , and we have strong support at 1.1540$ .... Maybe we will trade the 200 pips for one more round but i really doubt it . I expect tge break of 1.1740$ next time it is gonna be tested.

Usdjpy is trying hardly break the downtrend line from 118¥ high after trump winning presidency in November 2016. The pair is currently trading at 110.65¥ , it might keep gaining to reach 112.40¥ area before reversing back again. I would like to short the pair at 112.40¥ area , it will be really profitable trade with very low risk.

Eurusd trimmed the  sharp fall after the FOMC and the fed raising the rates. The pair fell to 1.1730$ where it found support again and again and reversed the move sharply to trade currently at 1.1790$ . The pair broke above the falling trendline and maintains a bullish sentiment ahead of the ECB meeting tomorrow. It is recommended to buy on dips. However , follow for MY update tomorrow ahead of the ECB. A CORRELATED PAIR TO WATCH IS USD/JPY.

At the beginning of the week , i recommended selling the euro after closing the gap on monday at 1.1935$ The pair hammered to 1.1716$ , my recommendation was to book profits at 1.1770$ , Now I recommend going long at current levels between 1.1735-50$ targeting 1.1770$ , 1.1830 and finally 1.1890$  ... Any close below 1.1730 area would send the pair to 1.1650$

Ahead of the ECB meeting today and the expectations of what mario draghi will decide for the QE program. I would like to make a fundamental prediction here. Draghi is destined to bring the euro down , so I am expecting that draghi will disappoint the markets and we will see a  phase 2 of euro depreciation. The target of the coming phase will be 0.96$ as first target and may be final target as well before we see the euro heading back to 1.26$ Thank you all for you time and wish you all profitable trading

The pair has pulled back slighlty after rallying on friday on back of FBI investigating hillary clinton emails again. Euro rallied almost 60 pips after the news and pulledback to previous resiatance area at 1.0940$ The pair might be taregting 1.10$ as first target if that area holds. Stop loss would be on 1 hour close below 1.0940$ or 1.0920$ where trendline might lie and provide some support..

EURNZD broke bearish trendline as shown below on 23 sep. at the area of 1.5420 , the pair has been also forming an uptrend line which it broke yesterday at 1.5420 as well . The pair is currently testing the former bearish trendline at 1.5230 , if that line holds , we might get back to 1.5540 area soon which if conquered , we will be trading at 1.59 area. However , we might see a war between trend lines in the coming days . I will keep you updated . I am currently long at 1.5270 targeting 1.5540 with stop loss on daily close below 1.5170

Eur/cad has rallied to 1.4920 area before giving it all back last week and falling to 1.4650 area where it found support. The pair has ultimate support at this area , however the pair has much more stronger support "which is now a resistance" in the area between (1.4725 and 1.4780). The pair has formed a bearish trendlin on the 1h chart , however it is support by 1.4690 and 1.4650 area ..A Close below 1.4690 is a warning and a close below 1.4650 on the 4h chart will be an invalidation of a long trade. On the otherside , look to add position to current level at 1.4690 and more after 1h close above the trend line at 1.4740 area and one more position on close above 1.4780 on the 4h chart targeting 1.4980 and 1.5130 Happy trading Remember to follow me on twitter for updates on this trade and more trading ideas.