Recent content by sherif fares

EUR/USD most likely will enter the sideways trading for awhile after yesterday's spike.

ECB decision today spiked the EUR/USD to reach highest level in 1 month now resistance level 1.1210 is not going to be hard to break then next level is the highest price in 2016.

Another Doji on the EUR/USD, the trading range is very tight, price rebounds to the support level quickly.

EUR/USD started trading around the resistance level 1.1000 we might see a few days of trading around this levels.

EUR/USD is testing resistance level 1.1000, I wont be opening a position till I get a confirmation with the close of the day.

it is weird that price broke 1.100 even with positive NFP the USD dropped against the EUR.

EUR/USD has rebounded back to over 1.0900 and now the next level will be test the resistance 1.100 maybe by the help of tomorrow's NFP this level can be broken.

EUR/USd starting trading in a tight range around the support level, I dont think there will be much movement until the NFP on friday.

EUR/USD drop is halted around 1.0850, In my opinion the area between 1.0850 until 1.0820 is a rebound area the pair might trade sideways around this area for sometimes before taking a decision.

a second drop today for the EUR/USD, price is heading towards the next support level 1.0810. It is safe to close my position around 1.0850.

Finally EUR/USD under the support level. I can close the short position now and wait for the price on Monday under 1.0900 for another position.

Not much movement for today for EUR/USD.

A second day the EUR/USD is trading around open price which proves that the support level remains and the market is uncertain, EUR/USD failed to break under the support levels and rebounded to sustain over 1.1000, most probably we will see a rebound from this levels second option if price...

EUR/USd attempted to test the support level and failed to break under, still waiting for a rebound sign or a break of the support.

That was a turn of event EUR/USD suddenly fell 100 pips to stay above the support levels of 1.0990 which rebounded the price more than once since Dec. 2015, I Think I will wait till I see if the pair will break the support levels or will rebound.