Consigliere_Constantino

Consigliere_Constantino Nov 15, 2024

Long term trend on EURUSD still very much down. Lower low, lower high seems to have formed. Let's see how 1.05 holds. If it does not (and my money is on that) .... then let's meet at 0.95 or even 0.85. (All very long term, while Trump is not going to like it.)

Consigliere_Constantino Oct 4, 2016

Let's look at the really big picture again on the EUR/USD- the MONTHLY chart (log scale). Note: this is of course NOT suitable for trading. Beware. Usage: - protecting your savings (by going into USD) - determining the overall trend (which pressure prevails, when going down to lower time frames?) - as well as determining important support & resistance levels...

Consigliere_Constantino Dec 27, 2015

KEEPING THINGS SIMPLE ON THE EURUSD - BOREDOM BEFORE THE STORM ? (1 day, log scale) As said previously, the short-lived upward thrust for EUR into $1.17 has not been able to materialize. EURUSD is on the daily chart stil gyrating. Granted, 1.04/1.05 has again provided support, and so did the 1.105 provode resistance / did the 1.08 level provide support again....

Consigliere_Constantino Dec 17, 2015

Let's look at the really big picture again on the EUR/USD- the MONTHLY chart (log scale). Note: this is of course NOT suitable for trading. Beware. Usage: - protecting your savings (by going into USD) - determining the overall trend (which pressure prevails, when going down to lower time frames?) - as well as determining important support & resistance levels...

Consigliere_Constantino Dec 17, 2015

Let's look at the really big picture again on the EUR/USD- the MONTHLY chart (log scale). Note: this is of course NOT suitable for trading. Beware. Usage: - protecting your savings (by going into USD) - determining the overall trend (which pressure prevails, when going down to lower time frames?) - as well as determining important support & resistance levels...

Consigliere_Constantino Sep 7, 2015

KEEPING THINGS SIMPLE ON THE EURUSD - NOT OUT OF THE WOODS YET (1 day, log scale) As said previously, I couldn't even believe EUR would show itself to be THIS strong. Well, it turned out to be short-lived. At least for now. Let's see where we stand. It's not all that negative :o) - ever since the EURUSD is looking for support - but hasn't found it yet - the RSI...

Consigliere_Constantino Aug 25, 2015

KEEPING THINGS SIMPLE ON THE EURUSD (1 day, log scale) I couldn't believe EUR could show itself to be THIS strong. It's a crazy week. Shorts were stopped out - of course. My wrong. - tops had been tested, and have now been broken (on heavy volume) - we've moved outside of the range - expect retracement first, and on that retracement, have a very good look at...

Consigliere_Constantino Aug 25, 2015

Let's look at the really big picture here on the EUR/USD- the MONTHLY chart (log scale). Note: this is of course NOT suitable for trading. Beware. Usage: - protecting your savings (by going into USD) - determining the overall trend (which pressure prevails, when going down to lower time frames?) - as well as determining important support & resistance...

Consigliere_Constantino Aug 19, 2015

KEEPING THINGS SIMPLE ON THE EURUSD / UPDATE (1 day, log scale) - tops have been tested, but could not get broken (even despite heavy volume) - we're ranging, now down again - note that the attempt to break the downward resistance line seems to hae failed - RSI is showing no bullish signs, though it is holding up. It broke the resistance line, now a retest....

Consigliere_Constantino Aug 6, 2015

Let's look at the really big picture here on the EUR/USD- the MONTHLY chart (log scale). Note: this is of course NOT suitable for trading. Beware. Usage: - protecting your savings (by going into USD) - determining the overall trend (which pressure prevails, when going down to lower time frames?) - as well as determining important support & resistance levels...

Consigliere_Constantino Jul 30, 2015

KEEPING THINGS SIMPLE ON THE EURUSD / UPDATE (1 day, log scale) ( little has changed, things working out as expected ) -the April/May negative divergence worked out -price was meeting resistance in June turned down as expected -at the time, RSI was just slightly at overbought levels (I would prefer a larger RSI overbought reading for a start of an uptrend) -we...

Consigliere_Constantino Jul 28, 2015

KEEPING THINGS SIMPLE ON THE EURUSD (1 day, log scale) -the April/May negative divergence worked out -price was meeting resistance in June turned down as expected -at the time, RSI was just slightly at overbought levels (I would prefer a larger RSI overbought reading for a start of an uptrend) -we are seeing lower highs. The sequence of lower lows , however, was...

Consigliere_Constantino Jul 16, 2015

KEEPING THINGS SIMPLE ON THE EURUSD (1 day, log scale) I KNOW - AGAIN :o) THIS IS A CONFIRMATIONAL UPDATE -the April/May negative divergence worked out -price was meeting resistance in June turned down as expected -at the time, RSI was just slightly at overbought levels (I would prefer a larger RSI overbought reading for a start of an uptrend) -we are...

Consigliere_Constantino Jul 14, 2015

KEEPING THINGS SIMPLE ON THE EURUSD (1 day, log scale) -the April/May negative divergence worked out -price was meeting resistance in June turned down as expected -at the time, RSI was just slightly at overbought levels (I would prefer a larger RSI overbought reading for a start of an uptrend) -we are seeing lower highs and (less pronounced) lower lows -...

Consigliere_Constantino Jul 7, 2015

July 7th - London morning action. On the daily we see continued price pressure. No, the day is not yet over, granted :) The RSI was still in its neutral zone, just slightly holding the bull minimum level. It now seems to break down (though the day is not over yet). In other words: the supportline break is there, and we have a reading below 40. So again -...

Consigliere_Constantino Jul 6, 2015

KEEPING THINGS SIMPLE ON THE EURUSD (1 day, log scale) -price was meeting resistance (horizontal & downward sloping trendline), has turned -the April/May negative divergence worked out -at the time, RSI was just slightly at overbought levels (I would prefer a larger RSI overbought reading for a start of an uptrend). -we have a slightly lower high, that by itself...

Consigliere_Constantino Jul 1, 2015

Continued pressure on the EUR USD : --------------------------------------------------------------- - notice there are no overbought readings on the RSI anymore = RSI moving towards the lower end of the band = bearish - funy thing: the green support area seems less and less important - it has now gotten violated late May, early June, and now again (even in one...

Consigliere_Constantino Jun 29, 2015

A lot has changed on the EUR USD : resolving to the downside --------------------------------------------------------------------------------------------- - notice there are no overbought readings on the RSI anymore = RSI moving towards the lower end of the band = bearish - funy thing: the green support area seems less and less important - it has now gotten...