• eu4-1024x422EUR/USD (H4): Under resistance
  • Forecast: Moving back to resistance (1.0840) and rebounding lower
  • Alternative scenario: Breaking below local support (1.0790) without previous correction
  • Comments: After strong increases rate stopped on the previous high
  • Payout: PUT @ 1.0840 à 81% return expiring at 20:00GMT

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.