Andrew Olshanetskyi, Author at TriumphFX Analysis

26
Aug

Weekly Technical Forex Forecast 26-30.08.2019

Posted ByAndrew Olshanetskyi Category Analysis Aside

EUR/USD The Euro showed a significant growth on the large volume, which is an excellent bullish signal. At the moment, the pair is trading near the resistance level 1.1152. Thus, we can consider a scenario of the breakdown of this mark, which will allow us to open long positions with …

23
Aug

Daily Technical Forex Forecast 23.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro resumed falling and now is testing the level of support/local minimum 1.1068. The movement was supported by the large volume, hence, we may reckon a scenario of its breakdown, which will be a great bearish signal. The movement must be keen and supported by the large volume, …

22
Aug

Daily Technical Forex Forecast 22.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro is still trading near the level of support/local minimum 1.1068. Therefore, our previous scenario remains relevant: we may reckon a breakdown of this mark, which will be a great bearish signal. The sink must be keen, rapid and supported by the large volume, which will be a …

Daily Technical Forex Forecast 21.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis Date August 21, 2019

EUR/USD The Euro tested the level of support 1.1068, but could not break it down and then corrected upwards. Nevertheless, the correction was smooth and on the small volume and the price is still located near this mark. Therefore, our previous scenario remains actual: we may reckon a breakdown of …

20
Aug

Daily Technical Forex Forecast 20.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro has already resumed falling after this upward correction and now is trading nigh the level of support/local minimum 1.1068. Therefore, we may reckon a scenario of its breakdown, which will be a great bearish signal. The fall must be keen and supported by the large volume, which …

18
Aug

Weekly Technical Forex Forecast 19-23.08.2019

Posted ByAndrew Olshanetskyi Category Analysis Aside

EUR/USD The Euro corrected up after the test of the support level 1.1068. Nevertheless, the price continues trading near this mark, and given the recent sharp drop on the large volume, we can consider a scenario of its breakdown, which will allow us to open short positions. The breakdown movement …

16
Aug

Daily Technical Forex Forecast 16.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

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 …

15
Aug

Daily Technical Forex Forecast 15.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

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 …

14
Aug

Daily Technical Forex Forecast 14.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

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 …

13
Aug

Daily Technical Forex Forecast 13.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

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 …