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SELL EUR/USD 1.15898 TAKE PROFIT FIXATION ON A TODAY LOW (slightly lower )
you can see that on a high screenshot
a small movement was taken, as evidenced by the behavior of the price after
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CURRENCIES OF INTEREST - WEEK 16 - 2018

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EUR/USD 02/04/18

At this point, EUR/USD is still holding above 1.2285 minor support and intraday bias remains neutral. On the upside, above 1.2475 will target a test on 1.2555 high, which is close to 1.2516 key long term fibonacci level. We’d be cautious on reversal from there. But decisive break will carry larger bullish implications. On the downside, below 1.2285 minor support will turn bias to the downside for 1.2154 and below to extend the decline from 1.2555.
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08 - This week

Monday
The week starts with a meeting of the Eurogroup. Eurozone finance ministers meet to discuss the future of the European Stability Mechanism (ESM) and Portugal's economic adjustment program. Yves Mersch and Sabine Lautenschlaeger, members of the European Central Bank, speak earlier in the week at different events.
Tuesday
The annual meeting of the International Monetary Fund and the World Bank is another of the events that marks the week. The leaders of both institutions, Christine Lagarde…
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DAY 6 - CURRENCY FUTUERS - COMMITMENT OF TRADERS - SPECULATIVE REPORTS

Although we trade spot forex, it is not a bad idea to be aware of trend on Currency Futures and how large speculators are stacked. One we of identifying this is to look at Weekly CFTC Reports on Major currencies.
The August 1st 2017 report suggest EURUSD Long contracts shrinked by 6K whereas Short contracts increased around 2K. However, the net long positions remain at 82k (Gross Long 191.5 Minus Gross Short 108.8). This suggest some selling interest is arising on this pair.
Here is data for oth…
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NZDCHF

NZDCHF
I like to trade setups formed around support/resistance zone or level or even line.
Because even weak setup are much stronger below resistance zone.
From the chart above you can see how the market is react on resistance zone and it is formed two strong setups.
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BenAqiba 18 Mar.

First setup is formed below first red arrow and it is strong Bearish engulfing pattern,Second setup is not that strong but it is formed below valid resistance line which can negate all weakness of candlestick.

We have third setup on the same chart,and it is the setup when the candlestick is break support line,and retested her.

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BenAqiba 24 Mar.

As I said,the line ,the angle is shallow,and in that case the line in most cases is not trustable.
In this case,when the price is back and violet  broken line,I move that line from my chart .

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USDCHF@3rd April, 2017

Currency market: USDCHF
Indicators: two Moving average and RSI
Strategy: Price over both moving averages in both time frames validates an upward market trend, while price below the moving averages in both time frames validates a downward market trend.
Time frames: Weekly and Monthly time frames
Trend determination on both charts is bullish and showing an upward market trend, but there is also divergence showing on the monthly chart on the RSI indicator. Price is making upward movements, but RSI…
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CD1V1 26 Mar.

One of the currencies that has gained from the recent USD weakness is the Swiss francs. This has put the the USDCHF market into a bearish spiral. Currently, we are testing a major low at 0.9883, this could be a good place to bounce from USD appreciation, but I am hoping things stay this way for some time.

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CD1V1 30 Mar.

The USD has entered an appreciation phase and has pushed this pair's market value back up, now it is 100 pips above my expectation. This is a big range, and the could could go either way, but it looks more likely to o up than down. How the USD performs in the next 48 hours will determine where the market closes at the final deadline.

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After referendum - Italian bank down sharply

The Italian bank posted a day of heavy losses, after the "no" victory in Italy's referendum that raised fears about the sector.
The Monte dei Paschi (is the oldest bank in the world, and has a huge weight in the Italian economy), postponed the decision on the implementation of the recapitalization plan.
After being known the first results giving the victory to the 'No', it took the defeat and resigned, saying that its "Government ends". It will now be up to the Italian president to decide whethe…
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Draghi and the Euro

EUR/USD had managed to trim losses after a 10-day losing, but it gave up most of its intraday losses and have drop back to 1.06 area following dovish-ish comments from ECB President.
Draghi says recovery proceeding at moderate pace at the euro zone.
You can read the full statement here
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Week Ahead

1) FOMC Meeting Minutes
FED will release minutes of its November policy meeting on Wednesday at 19:00GMT.
2) U.S. October Durable Goods Orders
The Commerce Department is scheduled to release data on October durable goods orders at 13:30GMT on Wednesday.
The consensus forecast is that the report will show orders for durable goods jumped 1.5% last month, following a decline of 0.3% in September.
3) ECB - Mario Draghi Delivers Comments
Mario Draghi is due to testify about the European Central Bank…
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