Transporter007

Transporter007

This week has been a great weak for scalpers as the market have been very wobbly. The market have been driven by the current situation with Greece and will so continue. I believe we will at the start of the week see the market retrace upwards shortly as we will recieve data from Germany, the powerhouse of the EU. But overall we will see lower levels as I don't...

Transporter007

EURUSD just hit major support line, I am anticipating that we are to go much higher at least between 1:13000 and 1:13500 before hitting the support line once again. Trader just be careful as we can continue to be in bearish sentiment and break the support line and form a new support line at 1:11800.

Transporter007

As we are currently moving horizontally between critical lines at 1.14422 and 1.04578 I will be waiting for the market to break the critical lines before going long. I also see and opportunity if the market breach an old support line at 1.09419 and we should then see a pull-back at 1.07375 before it continues down to 1.04578 and 1.04578 will be key to watch. We...