Recent content by fx4you

Technical analysis 19th March EUR/USD: technical analysis There has been a correction of the dominant down-trend with a strong spike higher to the 1.3180 level. Although the move higher could continue and reach support and resistance at 1.3240 my preference is for a resumption of the slide...

Technical analysis 1st March EUR/USD: technical analysis Wednesday's strong move down has reached solid support from the R1 monthly pivot. Whilst it is possible that the sideways move will continue (between 1.3315 and 1.3355) there is a strong possibility the move down has further to go. One...

EUR/USD: C wave unfolding The EUR/USD pair is consolidating. On the hourly chart there looks like an incomplete A-B-C correction with leg C down about to unfold, and 1.3345 as its downside target. Eventually I see the recent rally recovering and continuing, however, and rising to the upper...