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eu2

  • EUR/USD (H4): Again under resistance
  • Forecast: EUR/USD will rebound from 1.0940 resistance zone
  • Alternative Scenario: Trying to move higher and leave current price cap
  • Comments: It is important that current appreciation approached a range of previous corrective move
  • Signal: PUT @ 1.0940 à 80% profit, option expires at 23:30GMT

EU_screen 11.01

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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.