Author: Andrew Olshanetskyi

EUR/USD The Euro demonstrated a sharp drop supported by the large volume. Besides it, we need to point out the new volume level of resistance 1.1154. Considering all these factors, we should prefer a scenario of opening short positions. We can enter the market after a smooth upward correction, in …

EUR/USD The Euro demonstrated a sharp fall and broke down the previous level of support, which is a good bearish signal. Unfortunately, the movement was on the average volume, that’s why we should give advantage to short positions, but we can enter the market only after the appearance of an …

EUR/USD The Euro demonstrated a confident fall supported by the increased and now is testing the level of support/lower boundary of the local consolidation 1.1170. Thus, we may reckon a scenario of its breakdown, which will be a great bearish signal. The sink must be keen and supported by the …

EUR/USD Nothing has changed with the Euro as the price is still located inside the local range, where the large volume is concentrated. The boundaries of the consolidation are the support 1.1170 and the resistance 1.1240. Thus, we can open new positions only after the confident exit of the price …

EUR/USD The Euro continues trading within the local range between 2 strong levels: the support 1.1170 and the resistance 1.1240. It is also necessary to highlight that the large volume is concentrated inside this consolidation. Given all these factors, we can open new positions only after a confident and rapid …

EUR/USD The Euro is still locked inside the local range between the support 1.1170 and the resistance 1.1240. Thus, our previous scenario remains relevant: we can open new positions only after the sharp exit of the price from it. Furthermore, the breakout movement must be confident, keen and supported by …

EUR/USD The Euro corrected downwards and is currently located inside the local consolidation between 2 strong volume levels. They are the level of support 1.1170 and the level of resistance 1.1240. Thus, we can open new positions only after the confident exit of the price from this local range. The …

EUR/USD The Euro resumed growing after the formation of the new level of support 1.1170. This level contains the large volume; we can see it here. Hence, we can use it as a good place for a stop loss. We can enter the market and open long positions after a …

EUR/USD The price demonstrated a confident and sharp growth and broke out the previous level of resistance, which is a good bullish signal. On the other hand, the movement was on the small volume, therefore, we can’t allocate any new volume levels or zones. Nevertheless, we still should give advantage …

EUR/USD The Euro continued correcting upwards, but the movement was on the average volume, so we can’t open long positions now. Moreover, the pair is trading below resistance level 1.1104 – 1.1114, in which the large volume is concentrated. Thus, we should give preference to sales. Short positions can be …