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Browsing Tag: Trade ideas

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…

Trading ideas, Uncategorized

Week ahead – EURUSD

EURUSD is still at the top of its 10 – 14th January move and was able to retrace as low as 38.2%. With 3400 bears still being in charge, I am expecting retest of 3250’s. I am still a longer term bull until we close below 3150’s on a daily. In the …

Trading ideas, Uncategorized

Week ahead – EURUSD

EURUSD has moved 330pips in the last two days (remember that +5RR setup – well played for those who followed). In terms of price extensions and further projections, I think it still has some room upward up to 3450’s. From there I would look for sh…

Trading ideas, Uncategorized

Week ahead – EURUSD

Last week presented a nice slide down towards 1.30 level. I believe that the market in the upcoming week would not create a new lows and will try to test the 3150’s zone. After this 50% retracements I would expect a move back to a 1.30’s. Let’s se…

Trading ideas, Uncategorized

Week ahead – EURUSD

Right now we are still in a bullish zone and as long as EURUSD stays above 1.30, we might see a bullish extension towards 1.34 – 1.36. Anyway as the year ends we are experiencing so called “garbage time” when some portfolio managers are taking tim…