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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.

From previous post , I have advised you to buy euro and hold as long as you can because we will be heading for atleast 1500 pips gain. Ofcourse you dont wanna lose that... Join my weekly forex newsletter to get weekly trading recommendations , updates and tips.

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.

Euro has been trading in a range for long while now. it is facing strong resistance at 1.1480$ , However , it is also well supported above the red trend-line shown below. Buy an dip for the euro next week . with NFP data scheduled for next Friday. I assume , we might have a continued rally for the pair towards 1.17$. A break below 1.1350$ will prove this trade to be invalid.

Eur/usd is trying to break above 1.1425$ area , bound by the strong bearish trendline , a break and close above the trendline will clear the way for testing .11520$ area followed by 1.1670$ if cleared..on the downside , euro is strongly supported near 1.13$ mark. Euro is currently trading at 1.1425$ with low at 1.1389$ , high at 1.1445$ .  Make sure not use excess leverage and buy any dip for the pair to 1.1330$

 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 .

Euro is still trading in range between 1.1330$ and 1.1410$ areas, the pair rallied to 1.1410$ after Non farm payroll came less than forecast figures, unemployment data came flat. Euro still trading in range , sell the high and buy the low of the range and your stop loss should be 20 pips plus. however , Main direction for the euro is bullish and expected to visit 1.17$ in medium term.

#eurusd will keep trending as long as it stays above 1.1410$ on the hourly chart..if broken , we will see 1.1340$ This is a short term trade , the pair is currently trading at 1.1430$ , target would be around 1.1530$ , with mediocre resistance at 1.1500$ A break below 1.1410$ will open the road easily towards 1.1345$ ..

Eur/usd crashed on friday from 1.1720$ to 1.1620$ , a 100 pips slide. The support at 1.1660$ did not hold and now last area of support is being tested which is 1.1610$ If broken , the pair will be extremely bearish and we will certainly visit 1.1440$ next week. The sentiment is now bearish and weekly close is terrible and will put alot of pressure on the Monday trading and a break of 1.16$ may fulfil true and then we will head to 1.1565$ again. I don't recommend going long now as the pair is never able to stay steady above 1.17$

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.

RSI (Relative strength index) is signaling support for the pair as show in below chart. The pair is also still supported with the famous 1.1560$ , which has proven to be the toughest resistance of all time , now turned into support. I am still recommending to buy eurusd for a big rally. Dont close this long trade with loss unless we break below support decisively. Follow me for updates on this trade and more . My twitter handle :@b4borio

Euro will reverse its loss after the release of NFP report. Euro currently trading at 1.1580$ , earlier post i recommended buying eurusd at 1.1570$ and gbpusd at 1.12950$ The pair to 1.1560$ after the report and will probable end the day higher. 1.1560$ is proving to be a strong support for the pair and I still expect a big rally for the pair soon.

Gbpusd has made several tops at 1.3440$ and reversed to 1.3250$ currently. The fall was initiated by draghi , the head of ECB lowering growth forecast from  2.4% to 2.1% and keeping interest at all time low. Brexit negotiations are ofcourse the main blame or fame for any move in Gbp/usd Technically speaking , 1.3250$ is very important support for the pait and if broken , the pair will be terribly bearish and might head towards 1.3080$ area . On the upside , 1.3340$ is a tough resistance for the pair .

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.

Eurusd rallied from 1.15 to 1.1840$ in a matter of few days . Now it is pulling back for a correction.  Dont hop in at current levels. Just wait for 1.1675$ to 1.1695$ area and buy for around 100 pips move , taking profit at 1.1780$ Anyway , trading hours will tell and I will keep you updates .... For now just wait to buy at the mentioned area between 1.1675_95$ area.

EUR/USD is currently between resistance at 1.2510$ and support at 1.2485$ . A break below 1.2485$ will open the road to real support at 1.2465$ which is 38% fibonnnaci retracment level while a break above 1.2510$ will clear the way for new highs this probably between 1.2580-1.2625$ area. Keep your eye on those levels and I prefer going short at the moment with exit if we close above 1.2510$

Eur/usd rallied after making triple bottom at 1.2385$ , however rally stalled at 1.2520$..The pair is currently retracing and make or break level would be 1.2465$ , if the pair finds support there , then we might break 1.2520$ , if we break below that support then we will fall to 1.23$ , and final support would be 1.2260$ ....just keep in mind that we will have NFP report released tomorrow.

EUR/USD gave back all the gains it made this week and reversed sharply falling to 1.2390$ at the time of writing The pair will find resistance by the bearish trendline and would be a good chance to short the pair again at 1.2410$ targeting 61% fibonnaci retracement (move from 1.2160$ to 1.2520$) where it will be around 1.2305$ . A break below 1.2305$ will expose 1.2260$ support area where the pair might rebound from to retest the area at 1.2360$ .

The economic calendar today is free except from fed's members "evans" and "williams" who are set to speak todat before and afer the release of FOMC minutes at 18:00 GMT. Low volatility is expected , however I see this event as very critical indicator for the direction of the dollar and it wilĺ decide if majors break the tought trendlines and support areas. Usd/jpy and usd/cad are facing trendlines and failed to break on friday after NFP figures..will they break the trendline after the fomc minutes ??? On the other side , we have eur/usd and gbp/usd which are very well supported at 1.1680$ and 1.3030$ areas respectively... I think we might see these areas and trendlines broken this week...