Euro News

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 11 “If there are people in your life who do not support your efforts to become a successful trader, avoid them. Avoid those who express negative energy on a regular basis, and vent their hostilities towards you. Wherever possible, terminate unhealthy emotional relation¬ships that cannot […]

As it was anticipated, the EUR/JPY dropped 460 pips last week, reaching a low of 115.49, and a high of 120.31. The upward attempt that was later seen last week could proffer an opportunity to sell short at better prices, because the market might test the demand zones at 117.00, 116.00 and 115.00. The demand […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral All bearish pulls EURUSD experienced last week were rendered useless by bullish effort. Price did not go above the resistance line at 1.1300 last week; nor did it stay below the support line at 1.1150. The impasse between bulls and bears has enforced the […]

“What matters is your ability to pick up the flying gobs of money whizzing past your ears in the financial markets money storm.” – Louise Bedford Originally, I planned to post an article titled: “Difficult Markets Produce Fine Results – Part 2.” But I can see that the media are making noises about the coming […]

Legendary Investments stock (LSE:LEG) is about to perform better than the bullish run we saw in April 2016. The market has been in a trending mode since February 2016, though last month has been characterized by a bearish correction. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. […]

The EUR/USD has become neutral in the short-term. May 2016 was mostly bearish, and the bullish breakout that was witnessed on June 3 overturned that bearish bias. However, bulls were unable to push the price further north last week, for the bullish movement was halted at the resistance line of 1.1400, which was followed by […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral For the most part of May 2016, EURUSD was in a downtrend. On June 3, a strong bullish breakout led to a bullish signal, but price was unable to continue moving up continuously in the following week, which was last week. Price simply went […]

The USD/JPY dropped 450 pips last week, testing the demand level at 106.50. The next target to be reached is the demand level at 105.50, since there is a Bearish Confirmation Pattern in the market. There is also a possibility of bullish reversal this week. EUR/USD: This pair shot upwards on Friday, overturning the bearish […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair moved sideways from Monday to Friday, in the context of a downtrend. The downtrend was forcefully overturned as the pair shot skywards by 220 pips on Friday, closing at 1.1365 on the same day. The bias has turned bullish, but there is […]

“Trading requires you to be wrong on a regular basis – in fact you are wrong more often than you are right. And this constant grind requires a certain degree of fortitude to endure.” – Chris Tate There’s no way to become victorious easily. You don’t become victorious by trying to be victorious. You become […]