Colibri Trader has traded in two of the major Prop Trading Houses in London. He is an avid rock climber, runner and loves reading. He also loves helping other traders and his popular website has recently gained a lot of recognition from the major trading websites online.


EURUSD and DAX Intraday Analysis

EURUSD Intraday Analysis EURUSD seems to be locked between support and resistance. Price is currently playing with the imminent support level at 1.1780. There are two possible scenarios here. Scenario 1 Price rejects this level and forms a pinbar or another bullish candle and drives more buyers to push the price higher. A potential targe...

2017-10-22 Read more

EURUSD and AUDUSD Looking Bullish

Today I am looking at two currency pairs- EURUSD and AUDUSD. Why did they get my attention? Let’s start by first looking at the EURUSD.   EURUSD Analysis   Above is the Daily chart of EURUSD. First, I am looking at the EURUSD daily chart. It looks more bullish than bearish. There is a major support level just below the curre...

2017-10-22 Read more

GBPUSD Seems to be Hitting a Wall

I have been monitoring the GBPUSD pair for quite some time now. It seems like the level it is sitting on right now is a major resistance level from the beginning of August. Today, we have seen quite a bullish day so far. The price is located at the major level at the moment. What are the chances for a reversal? Let’s look deeper. Below if the ...

2017-09-12 Read more

Quick NZDUSD Technical Analysis

The Fundamentals The Kiwi maintains the offered tone in the Asian trades, extending its range-trade into a fifth day, as markets await fresh impetus from the Chinese manufacturing PMI reports for further momentum. Is NZDUSD ready to change direction? In the day ahead, risk remains to the downside, as the demand for the higher-yielding risk cur...

2017-08-29 Read more

Quiet Times for Markets Tend to End With Big Drops

Could today be such a day? I have been monitoring the US indices for quite some time now.  I am in no way trying to pick a top, but sometimes it is just great to share your observations. Correct me if I am wrong, but US indices look exhausted. I have been recently looking at the divergence between the US and its European cousin, but now it see...

2017-08-18 Read more

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