The simplest answer to your question can be summed up in one word: Yields A currency's Central Bank INTEREST RATE determine its buying/selling strength over another currency. The currency with the highest Interest Rate, is usually the Bullish ...

It all looks normal to me.

Not exactly sure when a bearish retrace will happen, price is due for one soon. As price approaches the #resistance level of a bullish channel, I suspect price to retrace there. I have that target at 1.0650. AUDUSD Daily Chart

Price stuck inside of Wedge Pattern on the Daily. Anticipate a strong Breakout in either direction.

In my personal opinion, I'd hold off from trading this pair for a week or two. Price seems to be hanging around a major Resistance level at the moment. The same Resistance level to where price failed twice, in the past (test and retest of resistance ...

The real problem with Carry Trades is that the market has no LONG TERM trends. Carry Trades works best when the market is bias the currency with the highest interest rates for a prolong period of time. Check your Daily, Weekly, or Monthly chart on ...

As I posted yesterday, price approaching my take profit level of 1.3400. 1.3400 is the bottom of a bearish channel on the Daily. I'm anticipating a bounce upwards off this level.

Price respecting bearish channel support and resistance level. Anticipated target 1.34 or 1.33.

As I said yesterday ( url ), was looking for 1.38 to be a possible reversal level on the daily. Price action is currently respecting the resistance line of a bearish channel. Todays, daily chart clearly showing price setting up for bearish (short) ...

I've still holding Bullish position until 1.38-1.39. First area of resistance for me on the Daily. What price does there will tell me if I should I cont to hold my Longs or close 'em and look for Shorts. Surprisingly enough, if price does reverse ...

I've gone back a few pages to see if any one picked up on the Bulliish sentiment. Surprised to see on many trading forums and websites, traders are bear bias. EURUSD Daily Bias Long

It varies by broker charting platforms. Usually "Tick by Tick" is the smallest timeframe one can trade.

Following others sentiment is usually not recommended. One has to ask, what are the market professionals and analysts basing their sentiment on? I find websites, broker run market websites specifically, are usually wrong in assessing future market ...

I trade with no indicators. Indicators are not bad, its just their used incorrectly. To place trading decisions entirely on indicators is the wrong way to use them. Truth is, indicators need s/r level, bar patterns, and an understanding of what ...

I believe EU will gap upwards in an attempt to reach 1.40. (H4 charts)

Heres and example of what I'm talking about: The chart shows, a favorite pair of mine EURNZD 4H timeframe. My preferred support and resistance levels are whole numbers: #1 Bullish Engulfed Reversal Bar reverses off whole number level 1.7400 #2 ...

Couldn't have said it better myself. I've been 'forecasting' 1.38 all week just by looking at the longer term chart. Traders seem to forget theres more going on in the market than the '5 min'. EU ran for 1000 strong bullish ticks, with no retrace, ...

Price is due for an valid pull back. Bulls are currently over extended. Yesterdays End of Day price sat between a strong level and weak level. In addition to a reversal bar (spinning top). Evidence was pretty clear of a reversal. Today I enjoyed the ...

Anticipating a retrace near current level. (H1)