NZDUSD has reached the first target zone

Spider's Den

url Reasons for mixed markets today. Of course traders were pissed.

Spider's Den

More then 30+++ Good analysis, using cammacd principles

Spider's Den

Yes it could be possible, but use the trailing stop

Spider's Den

NZDUSD is retracing on intraday timeframes but is still in downtrend after breaking FAILED BULLISH PENNANT. In the context of overall trend NZDUSD can be perceived as bearish and the retracement can be used to fade the upmove. 0.7430-40 zone is ...

Spider's Den

you are killing it! 1.1142 next EU support 1.1097 ultimate support. If price hits 1.1097 today , it would activate my pending long SL 1.1060- so called FADE.

Spider's Den

Unexpected release of ECB last night speech hit EURUSD and USD crosses hard. We need to wait for the dust to settle. url

Spider's Den

Yes 1.1360 is indeed important

Spider's Den

Exactly EURUSD and DAX are inveresly correlated but DAX moves are stronger.

Spider's Den

EURUSD has been contained within an equidistant channel and it is still bought on dips. However from intraday perspectice we need to pay close attention to 1.1370-60 zone. The zone shows a good confluence of Equidistant channel bottom, L4, and 78.6 ...

Spider's Den

EURUSD important PP: S2 1.1545 M2 1.1513 R1 1.1481 M1 1.1442 DPP 1.1402 M1 1.1370 S1 1.1338 M2 1.1298 S2 1.1259 M-Middle Pivot S-Support R-Resistance

Spider's Den

Nice 60 pips from POC

Spider's Den

Hey OnOFF, there is no stupid questions , just ask At the moment the price is VERY nervous. EURUSD has been in uptrend while we had some bank holidays. 1450 zone touched then mixed results of US economy. PPI came out bad, while jobless claims ...

Spider's Den

Jobless claims fall url

Spider's Den

I agree, and they are still throwing the problems under the carpet. Greece should stay in due to EU zone stability else Portugal,Spain,Italy,Ireland problems will come again to surface. Very hard position for both EU and Greece, looks like a ...

Spider's Den

Very interesting read..It is still a rumor, but we all know they will get back to Drachma if that happens. From my point of view at least how the things are standing now, Greece will not exit from Eurozone.

Spider's Den

USDJPY has withstood a big pullback after a disappointing US Retail sales results yesterday. However 118.00 still holds and any pullback could be used for buying into dips towards 120.40 and 120.80. On the technical chart we can spot a forming M ...

Spider's Den

EURUSD has almost reached the first breakout target zone 1.1365

Spider's Den

Failed M reversal pattern. 1280 broken

Spider's Den

As we could read in previous analysis and trade setups, dip at 1.1150 was strongly bought but EURUSD failed to close above 1.1280 subsequently. Currently EURUSD is forming M reversal pattern with a descending trend line and that could tank the price ...

Spider's Den