Author: Andrew Olshanetskyi

EUR/USD The Euro resumed falling after a smooth upward correction of the price on the small volume. Now the price is located below the level of resistance 1.1266 – 1.1276, where the large volume is concentrated. Hence, our previous scenario remains actual: we should prefer opening short positions. We can …

EUR/USD The Euro slightly adjusted upwards, but the price is still quite far away from the resistance level 1.1266 – 1.1276. Thus, we can open sales only after continuing a small correction of the pair in order to get a more profitable entry point into the market. An upward movement …

EUR/USD The Euro demonstrated an abrupt drop supported by the huge volume and broke down the previous level of support, which is a great bearish signal. Also, we need to point out the new level of resistance, it’s 1.1266 – 1.1276. This level contains the large volume, which mean that …

EUR/USD The Euro tested the level of resistance, but failed to break it out and then corrected downwards. The move was sharp and supported by the large volume. However, the price is located inside the local consolidation between the resistance 1.1320 and the support 1.1235 – 1.1250. Thus, the best …

EUR/USD The Euro resumed growing and now is trading near the level of resistance/local maximum 1.1320. The move was sharp and confident. Thus, our previous scenario remains actual: we can consider a breakout of this mark, which will be a great bullish signal. The surge must be keen and supported …

EUR/USD Nothing has changed with EUR/USD as the price tested the level of resistance 1.1320, but failed to break it out, but is still located near this mark and given the presence of the local uptrend, we can and should regard a scenario of its breakout, which will be a …

EUR/USD The Euro demonstrated an abrupt growth, but the movement was stopped by the formation of the new volume level of resistance, it’s 1.1320. Nevertheless, the price is still located near this mark + the presence of the local uptrend, therefore, we can and should regard a scenario of its …

EUR/USD The Euro tested the support level 1.1235 – 1.1248, after which it showed a significant and sharp increase of the price. It is worth noting that the large volume is concentrated within this mark, therefore, prior to its breakdown, we should give preference to long positions with this instrument. …

EUR/USD The Euro demonstrated an abrupt growth supported by the large volume and broke out the previous level of resistance, but after the creation of the new one, 1.1272, corrected down. However, given that the price is testing this mark at the moment, we can and should regard a scenario …

EUR/USD The Euro is still located inside the local consolidation, where the large volume is concentrated. It means that institutional players are gaining new their positions before the beginning of the new local trend. The boundaries of the range are the support 1.1187 and the resistance 1.1252. Hence, the best …