Forex trader, Market Analyst
Contributor's Links: GetKnowTrading

Frano Grgić is a Forex trader since 2009 and he shares his experience and knowledge about trading.

Like many Forex traders, Frano has earned a significant share of his knowledge the hard way by practicing and learning on errors. Technical trading and trading psychology have always ... more


EURUSD Forecast – $1.20800-$1.21800 Range
The price is below strong resistance that has held the price above for two weeks which means it will need more buyers strength to move again above $1.21800.
EURUSD Forecast – $1.21800 With A Bullish Sign
With three bullish signals, I am very open for a bullish scenario next week.
EURUSD Forecast – $1.22800 Is The Next Stop
Overall, the week was bullish and we had a breakout above strong resistance which now acts as a support.
EURUSD Forecast – First $1.21800 And Then $1.22800
The EUR/USD price has touched $1.21800 and returned back down to $1.20800.
EURUSD Forecast – Ready To Go Above $1.21800
The week has ended clearly above all candles from the previous two weeks and it ended with a strong bullish candle. Two candles were enough to wipe out all bears from the last two weeks.
EURUSD Forecast – Bulls Now Have Job To Do
Pullback on Friday happened because of traders moving out from the market and cashing money out after the breakout.


Latest Comments
XAUUSD Daily Pip Range - One Of The Most Volatile Pairs
6 months ago

You are welcome.

This pair is really fast and very often peolle enter into trade expecting to gain quick and large profit where they end losing a lot.

EUR/USD Weekly Forecast April 27– May 1
1 year ago

I have heard about some people drinking disinfection fluid after he discussed with doctor the virus topic. That is not good thing to do. Public people should know about their presence on TV that their words could affect many people watching them.

In this article: FXE, UUP
EUR/USD Daily Outlook – Tuesday, April 28
1 year ago

Pinbar is a candle formation that looks like on the chart above next to word "Pinbar".

It has long wick(or shadow) on one side and small wick(or shadow) on other side.

Where is smaller wick on that side you have small body.

Body represents the area between open and close price of the observed time frame. In case on the image above that is in 4 hour time frame.

On the side where is long wick like on the bullish Pinbar, you can interpret market condition like this:

Many sellers have exit from their trade to take profit out. Simultaneously buyers have enter into the trade and pushed the price up.

But, as there are many sellers they did not allow price to close to high which make a small body.

The 4 hour time frame ended with candle that represents that buyers were very strong and the price could move up.

It represents a possible reverse in market trend what happened and the price was pushed back.

I hope this helps to understand market candle price action formation. If it is unclear just ask.

In this article: FXE, UUP
EUR/USD Weekly Forecast April 27– May 1
1 year ago

I think market has included Trump's behaviour and reaction on pandemic. Whatever he says and is not directly connected to industry and economic there will be no big reaction.

We could see larger bounce from the weekly support line because it is really strong level.

In this article: FXE, UUP
Did Oil Just Give Us A Once In A Lifetime Opportunity?
1 year ago

War never was a good thing so I hope it will not come.

What do you think about food production based on the oil situation because lack of food is even greater problem?

In this article: GLD, SPY, USO
EUR/USD Weekly Forex Forecast For April 20 – 24, 2020
1 year ago

The charts have similar look because the analysis is done with same tools.

View on the market and making analysis is different from trader to trader.

There are basic rules and tools to make basic ground for further analysis so that is something you see all the time.

With proper guide you can learn those basics.

Learning how to read the market and making prediction about market direction requires experience aligned with knowledge. And that takes time and skills.

Do not think that it is impossible to learn that - no, it is possible.

In this article: FXE, UUP
EUR/USD Weekly Forex Forecast For April 20 – 24, 2020
1 year ago

Hi Alexis Renault,

I have tried to simplify charts as much is possible with comments.

A beginner's crash course is not available yet but I will plan to make one. Stay tuned and follow where I will make some course to help everyone who wants to read and understood charts.

In this article: FXE, UUP
GBP/USD Forecast April 13-17 – Pound Calm Despite Economic Turmoil In U.K.
1 year ago

First level reached as planned.

In this article: FXB
Best Time To Day Trade The EUR/USD Forex Pair
1 year ago

Currency Trader

Thank you for the comment. I will give my best.

GBP/USD Forecast April 13-17 – Pound Calm Despite Economic Turmoil In U.K.
1 year ago

Thanks for sharing this review.

It could go up to the 1.2615 as a first step and later on to the 1.2728 level as a previous support.

I am watching this pair this week :).

In this article: FXB
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Work Experience

Head of Electrical deparment
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faculty of electrical engineering and computing
Master of Science
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Information and communication technology