Month: June 2019

EUR/USD The Euro continues trading in a small local consolidation just below the resistance/local maximum level 1.1395. Thus, our previous scenario remains relevant: we can consider a breakout of this mark, which will allow us to open long positions. The breakout movement must be confident, sharp and on the large …

EUR/USD The Euro is trading in the small local consolidation near the level of resistance 1.1395. Thus, we still may reckon a scenario of its breakout, which will allow us to open long positions. The surge must be abrupt, confident and supported by the large volume. A stop loss should …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has continued to be bullish and move higher. The AUDUSD is up-trending. The moving averages are bullish and steady, signalling that the uptrend may continue. Buying opportunities could exist around the dynamic support of the moving averages, …

EUR/USD The price is still trading near the level of resistance/local maximum 1.1395. Thus, our previous scenario remains relevant: we can reckon a breakout of this level, which will allow us to open long positions. The surge must be keen, confident and supported by the large volume. A stop loss …

EUR/USD The Euro corrected downward after the formation of the new level of resistance 1.1395. This level contains the large volume, but the drop was smooth and the price is still located near it. Thus, given the presence of the strong local uptrend we may consider a scenario of its …

EUR/USD The price continued growing, but unfortunately the movement was on the small volume, so that we can’t point out any new volume level or zone. Nevertheless, given the presence of the local uptrend, we still should prefer a scenario of opening long positions. However, we can enter the market …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been finding resistance around 0.6965. The AUDUSD is up-trending. The moving averages are bullish and steady, signalling that the uptrend may continue. Buying opportunities could exist around the dynamic support of the moving averages and around …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, the AUDUSD reversed around the shorter-term moving average and has since moved higher. The moving averages are bullish and widening, all signalling that the upside momentum could continue. Opportunities to go long may exist around the dynamic support …

EUR/USD The Euro showed a rapid and sharp rise on the increased volume and broke out the previous resistance level, which is an excellent bullish signal. Thus, we should consider exceptionally long positions. Puchases can be opened after a small and smooth downward price correction to get a better entry …

EUR/USD Nothing has changed with the Euro as the price is still located inside the local range between the level of support 1.1185 and the level of resistance 1.1338. Therefore, the best decision with this instrument is just to wait for the exit of the price from the range and …