tradingconmike

tradingconmike Updated  Oct 4, 2024

After breaking the support at the 1.11250 level on Tuesday, the euro continued to fall due to bearish pressure. Right now, that pressure seems to have disappeared and we are in a good zone to look for long positions towards the retest of the previous support. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Oct 1, 2024

The key level this week is at 1.12000 We have a very strong support in the 1.11250 zone, which the euro touched five times last week and failed to break. We will take advantage of any drop to add new buy orders. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Sep 25, 2024

The key level this week is at 1.12000 Today, we have two news during the american session where high volatility is expected. If the euro falls to the minimum level of last Friday, we will take advantage of this to add new buy orders. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Sep 18, 2024

The key level this week is in the 1.11250 - 1.11500 zone. A fall in the euro to the minimum price of last Friday would give us the opportunity to re-enter the market in the buying zone that I specified in the chart. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Sep 18, 2024

During yesterday's session, the euro hit the key weekly level at 1.11250 The price movement today will be crucial, as tomorrow's interest rate decision is due and high volatility is expected. We have to keep in mind that the 1.11500 level has not yet been touched. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Sep 18, 2024

The euro continued to fall yesterday until it reached the buying zone a few hours ago in the asian session. Today we have to be alert for new weekly lows, and thus take advantage of entering the market with new buy orders, looking for the weekly target at the level of 1.11500 Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Sep 18, 2024

The euro fell back into the buy zone yesterday after the CPI data came in line with expectations. In the following hours we had strong bullish pressure and the euro failed to touch the 1.10000 level. Today we have the ECB interest rate decision, and we expect volatility and an upward movement in price. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Sep 18, 2024

Yesterday we added new buy orders as the euro made a new weekly low. We are now ready to see the CPI data and head towards the target level at 1.11500 Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Sep 10, 2024

During yesterday's session, the euro reached the key weekly level that I mentioned earlier in the week at 1.11000 Today we will have quite a bit of volatility, as the non-farm payrolls data is released, and a better than expected data would take the euro to this week's lows. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Jul 12, 2024

During yesterday's session, the euro continued to fall to the 1.08050 zone. We can see in the candle wicks how institutional traders were placing buy orders. The target level remains at 1.08750. Only a drop in price to the buying zone would make us re-enter the market with new orders, taking advantage of a better entry price. Guys, what do you think? Leave a...

tradingconmike Updated  Jul 10, 2024

Today we will have great volatility in the market, since the non-agricultural payrolls data comes out in the american session. The euro has just made a new weekly high, but we still have candles with bearish pressure, so if the data is better than expected we will see the price fall to the 1.07500 - 1.07000 zone. Guys, what do you think? Leave a comment with...

tradingconmike Updated  Jul 3, 2024

In yesterday's session we had a drop in the price of the euro to the level of 1.07100, which we took advantage of to add new buy orders. A few hours ago the price retested the 1.7500 level, but has not managed to break it. The target remains at the 1.08000 level. If the euro falls again, we will take advantage of it to add new buy orders. Guys, what do you...

tradingconmike Updated  Jul 1, 2024

Right now we are in a good zone to enter the market with buy orders. All the important news data yesterday in the american session were worse than expected, but despite this, the price continued to decline to the 1.07000 level. Our target is the return to the 1.07500 zone, and if the price remains strong, 1.07750. Guys, what do you think? Leave a comment with...

tradingconmike Jul 1, 2024

This week's key level is the same as last week at 1.07750. The euro opened today's session with a bullish gap due to the buying pressure we had last week. I said in last week's analysis that below 1.07000 was a buy zone, and institutional traders were buying on every dip. The target price is in the zone between 1.07750 and 1.08000. Guys, what do you think? Leave...

tradingconmike Jun 17, 2024

This week, the key level is 1.07750 After last Friday's drop to the 1.06700 zone, we are in a good point to enter the market with buy orders targeting the key level of the week. I don't expect big movements, since there is no news with high volatility today. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Jun 12, 2024

After Friday's big drop following the better-than-expected nonfarm payrolls data, we are at a good level to enter the market with buy orders. Tomorrow we will have great volatility, as the CPI data and the interest rate decision come out. We will be ready for a return to the 1.08500 level. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Jun 7, 2024

Today will be a day with a lot of volatility after the non-farm payrolls data comes out. A worse than expected data would take the price to our target zone at 1.09750 - 1.10000, but if the data is better than expected, we would have a fall in the euro that we would take advantage of to place more buy orders. Guys, what do you think? Leave a comment with your thoughts.

tradingconmike Updated  Jun 6, 2024

Buy opportunity in the FX:EURUSD with a target at 1.09800 for a profit of 100 pips. After knowing the worse than expected data from the JOLTs survey of job offers, buying pressure has been added. Yesterday, in the derivatives market we saw a large volume of call options with strike 1.10000, so my target is between the 1.09750 - 1.10000 zone. Guys, what do you...