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Update on EURUSD

EURUSD is moving in a nice channel and buyers were found right at the inflection point of supply zone and ascending trendline. The rest is self explanatory.Risk wisely and trade well ;-)lechiffre

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Week ahead – EURUSD

With EURO creating higher highs across all pairs I am expecting some kind of broader retracement. With break out of 3400’s the EURO has moved in a 170p. swings followed by minor retracements of 50 – 70pips. If we make an average out of that, it co…

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Latest NFP report

Under most conditions, employment numbers indicate health of the economy and strongly influence decisions shaping financial policies. Currently, they carry even more weight, after the FED specifically tied its interest rate policy to the unemploym…

Trading ideas, Uncategorized

Week ahead – EURUSD

Last week I have mentioned what I was expecting from EURUSD pair. So far the analysis was correct (careful, its just analysis :). Since we have reached my next price objective, I am expecting some kind of retracement back to 3400/3370’s where we c…