EUR/USD Technical Analysis on 7th March 2012

Good day traders! The euro dollar has ssen some bearishness since the beginning of the week. With the Greek crisis hitting the news again, risk aversion has entered the market again. From the euro dollar daily chart above, it seems that euro dollar is about to continue on its down trend. It has broken the

USD/JPY Trade on Update on 24th September 2010 6.22pm Singapore Time

USD/JPY Trade Update on 24th September 2010 (6.22pm)   Trade closed when the price jumped up to reach for the upper boundaries of my 21ema purple channel. From experience, I know that prices after having breached the R3 pivot level, will tend to fall back below that level. As such, I have decided to take

By |2017-01-01T13:01:39+08:00September 23rd, 2010|Categories: Daily Technical Strategy, YEN Crosses|Tags: , , |0 Comments

EUR/USD 4 Hour Chart Analysis on 7th September 2010 10.03 am Singapore Timers

Good day traders! Lets look at the chart below. Euro Dollar Chart Analysis Here is an early analysis of the euro dollar on the 4 hour charts. Price is looking a lil bit bearish right now as the euro have just broken the rising pennant that I have marked in purple. Three candles