futures's Blog

Avatar

EURUSD HITS 6 MONTH LOWS

The EURUSD made new six month lows today, in a thin trading day but managed to rebound at the 1.2630 level. The bearish momentum is still in tact as political uncertainties in Italy place clouds above the common currency, stay short as long as the pair is trading below the 100 hour moving average.
Keep calm and trade responsibly...
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

EURUSD keeps the positive tone

EURUSD keeps the positive tone and today with the pair making an attempt to break above the 50 day moving average which will give the upper hand to bulls at least for the short term. On the downside a break below the 1.17 level will scary buyers away and it is possible to test the support at 1.1660 On the macroeconomic front German Gross Domestic Product (GDP) matched analysts estimates at 0.3% for the first quarter of 2018, a figure that definitely can not inspire the buyers.
Keep calm and trad…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

GBPUSD long term bearish

The pair broke below the 200 day MA turning the longer term momentum to bearish. I will sell the rebounds, and i will not try to catch the rebound. On the upside, the 1.3600 level continue to be the first hurdle and is followed by resistance near the 1.3630 region, above which a short-covering might continue to lift the pair further towards reclaiming the 1.3700 handle. The 10th of May will provide a rate announcement for the GBP. However, there is virtually no chance of a rate hike so any rebou…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

EURUSD

For one more week the EURUSD was under selling pressure, despite the fact that the US NFP data came in lower for this month as well though the figures were revised higher for the last month. EURUSD hit the weekly low at 1.1910, it started the week from around 1.21 area. The Euro has been in a bearish mood since mid-April, and this week broke below the important 200 day MA just to turn the longer momentum also to bearish.
First support for the EURUSD is the Friday’s low at 1.1910 then at 1.1817 a…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

Futures has taken 43rd place in Dukat Contest Jan - Mar 2018

Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

Futures has taken 44th place in Dukat Contest Jan - Mar 2018

Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

EURUSD breaks below 100h MA

EURUSD breaks below 100h MA after Draghi disappointed the euro bulls. Now the pair is targeting 1.23 level where some buying interesting will emerge. Stay short as long as the pair is trading below that moving average.
Keep calm and trade responsibly.....
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

GBPUSD targeting 1.40

GBPUSD absorbed the profit taking earlier today at 1.3920 area and steady bids drove the price up to the daily highs at 1.3980, as the bullish trend is still intact and every pullback is a buying opportunity, bulls now targeting 1.40 as there are no any resistance , i expect the sellers to attempt to enter short positions at 1.4020.
Keep calm and trade responsibly......
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

EURUSD

EURUSD made the correction that i was waiting for today and went back to 1.22, which proved a support line, and attracted some buyers that have missed the recent rally. As the bullish momentum is still intact bids drive the price up to 1.2230 and now is trying to regain the 50h MA at 1.2240, which will add more buyers to the game.
Keep calm and trade responsibly....
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

EURUSD

EURUSD made the correction that i was waiting for today and went back to 1.22, which proved a support line, and attracted some buyers that have missed the recent rally. As the bullish momentum is still intact bids drive the price up to 1.2230 and now is trying to regain the 50h MA at 1.2240, which will add more buyers to the game.
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Plus