Medium-Term Overview — IMO, this pair will probably go down because there is a big weekend ahead and therefore big players will start to take profit or cover long positions. If the next H4 candle opens on the other side of the trendline, this ...

Sorry to disapoint you, but for now, it's better to be a Bull...

Now, bumping on the big weekly support. If in the next week, the pair opens below the support and cross the trendline, we might head down for sure...

Medium-Term Overview — IMO, EURUSD seems very overbought in H4 chart which means if the next candle opens on the other side of the trendline, we'll probably see a big drop before starting to rise again.

H4 Outlook — Channels still in play

I also think that we can reach 1.40. Once we go beyond this fib level that we are working now, if we go beyond, we'll probably reach that level.

Still biased to the UPSIDE — IMO, Bulls are still in charge

Medium-Term Overview — IMO, the Medium-Term Overview is still bullish and there are some news reporting significant demand of EUR over the next 3 days EUR: Talk of significant buying interest this week Written by Sean Lee February 9, 2011 at ...

I agree with you.. At this moment, I think the market is serving NY session and if they do lift the pair, I think this week we might reach the weekly trendline at 1.4550 (let's not forget NFP friday). The big question is: will the trend be over at ...

My perspective - medium term analysis — The daily chart still shows a very strong bull activity so I'm still biased towards the upside. Bulls have been gaining some field in the last weeks but today might be a critical moment as it is the ...

Much bigger move up or down? IMO looking at the daily chart, I would say up, but we'll have to see how this day will end.

Like David Caruso (CSI Miami) would say: "It seems we... are looking to a possible inverted head and shoulders" It was looking pretty good until the holiday came in but bulls showed their strenght yesterday and today and they might be building it ...

Yeah... and the daily chart emphatizes even more that possibility. Interesting that we stopped the upside move exactly at the 100 MA. If we cross it, this could be another argument for bulls along with the fundamental data results.

My perspective on medium term moves — They might be weak but that doesn't mean we are going up. IMO, we have to see some green candles in H4 and cross some medium term trendlines (blue trendlines in the chart) to support a consistent bounce. ...

Can you see the trendline in these charts?

I'm really getting confused. I don't want to cause panic here (like if I could ) but yesterday, I was looking at possible reverse head and shoulders and today I am looking at possible head and shoulders in a bunch of timeframes and pairs - EURUSD, ...

Analyzing the higher timeframes, I would say there's still a possibility of a reverse head and shoulders in H4 if the pair doesn't go under 1,2775. Also, in the daily chart, the pair is again above the almighty 100 MA. I'm not saying that in the ...

If the pair continue to range around these levels until tomorrow, we may see a reverse head and shoulders in H4...

Yeah, maybe. I usually don't take into account that MA but since big analysts and brokers put it on the charts, I started to look at it. It looks like is holding but I don't know if it will last longer...