Andrew Olshanetskyi, Author at TriumphFX Analysis

25
Jul

Daily Technical Forex Forecast 25.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro continued falling yesterday. Moreover, the movement was supported by the increased volume, which is a great bearish signal. Our previous level of resistance is still actual, it’s 1.1181. Thus, we still should give advantage to short positions. We can enter the market after a smooth upward correction, …

24
Jul

Daily Technical Forex Forecast 24.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated an abrupt drop supported by the large volume, which is a great bearish signal. Besides it, we need to point out the new volume level of resistance, it’s 1.1181. Therefore, we should consider exceptionally short positions. We can enter the market after a smooth upward correction …

23
Jul

Daily Technical Forex Forecast 23.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro continued falling and broke down the previous level of support, which is a great bearish signal. Unfortunately, the movement was on the small volume, so that we can’t open short positions now, we should wait for an additional signal. Such signal is a continuation of this drop, …

21
Jul

Weekly Technical Forex Forecast 22-26.07.2019

Posted ByAndrew Olshanetskyi Category Analysis Aside

EUR/USD The Euro continued its downward movement and now the price is trading near the support/lower limit of the local range 1.1200. Given that the decline was sharp and on the increased volume, we can consider a scenario of the breakdown of this mark, which will allow us to open …

19
Jul

Daily Technical Forex Forecast 19.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated an abrupt growth supported by the large volume and now is located near the level of resistance/upper limit of the local consolidation 1.1280. Thus, we may reckon a scenario of its breakout, which will allow us to open long positions. The surge must be keen and …

18
Jul

Daily Technical Forex Forecast 18.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The price corrected upwards yesterday and now is located in the middle of the local range between the support 1.1200 and the resistance 1.1280. Moreover, we need to point out that the large volume is concentrated within this range. Hence, we can open new positions only after the confident …

17
Jul

Daily Technical Forex Forecast 17.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The price demonstrated an abrupt drop and now is testing the level of support/local minimum 1.1200. The movement was supported by the increased volume. Therefore, we may regard a scenario of its breakdown, which will be a great signal for opening short positions. The fall of the price must …

16
Jul

Daily Technical Forex Report 16.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro corrected downwards yesterday and now is trading inside the local consolidation between the support 1.1237 and the resistance 1.1280. Given that the large volume is concentrated inside this range, we can open new positions only after the sharp exit of the price from it. Moreover, the breakout …

11
Jul

Daily Technical Forex Forecast 11.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated an abrupt growth supported by the large volume. Besides it, we need to point out the new volume level of support, it’s 1.1237. Therefore, we may consider a scenario of opening long positions. We can enter the market after a smooth downward correction, in order to …

10
Jul

Daily Technical Forex Forecast 10.07.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro continued falling and now is trading nigh the level of support 1.1185. Therefore, our previous scenario remains relevant: we may reckon a breakdown of this level, which will be a great bearish signal and allow us to open short positions. The fall must be sharp, confident and …