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Recent Posts
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Daily Technical Outlook EURUSD The euro trades higher today as it managed to return into the mid 1.49 region on yesterday but gains have been limited into the 1.4990 zone by the falling trend line coming from 1.5045 through Monday's top at 1.5015. S...
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Technical Analysis Daily: EUR/USD EUR/USD 1.4919 EUR/USD Open 1.4953 High 1.4989 Low 1.4869 Close 1.4960 On Wednesday Euro/Dollar traded hesitantly, still inclining upwards. After Bernanke's pessimistic speech about the economy economic recovery on T...
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Foreign Exchange Market Commentary EUR/USD posted an inside day and closed lower on Tuesday due to profit-taking. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are turning bearish signalling t...
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Daily Technical Analysis EURUSD Outlook The EURUSD had a bullish momentum yesterday, topped at 1.4989 and closed at 1.4959 after rejected to move consistently below 1.4820 key support area and even after Trichet said that he support a strong Dollar. ...
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Foreign Exchange Market Commentary EUR/USD posted an inside day and closed lower on Tuesday due to profit-taking. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are turning bearish signalling t...
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Daily Technical Analysis EURUSD Outlook The EURUSD had a significant bearish momentum yesterday, bottomed at 1.4807 but failed to stay below key support area 1.4820, closed higher at 1.4860 and traded around 1.4887 at the time I wrote this comment. A...

