EURUSD – ABC Retracment pattern up to 1.30

Euro dollar bearishness is not over but there is a possibility that this pair retraces up before it continues on its descent. Looking at the chart below, we can see that 1.30 is a possible target on the upside and is a possibility as long as 1.29 holds. If 1.29 breaks, we might see the

By |2017-01-01T13:01:10+08:00September 11th, 2014|Categories: Daily Technical Strategy|Tags: , , |1 Comment

EURUSD – Technical Analysis on Daily Time Frame 15th November 2013

Hi traders! EURUSD - On the daily Time frame the Euro dollar is testing the line from which it broke out from last week. The pair reached the point which coincides also with the 9EMA and fell lower. What is the pair going to do from here? Bull Case: If the bulls are able to

By |2016-05-12T01:01:29+08:00November 15th, 2013|Categories: Daily Technical Strategy|Tags: , , |0 Comments

Euro breakout and heading higher to 1.345 level.

Good day traders! The chart below show the euro dollar trending up. The pair went lower early this week and has since went above its last high of around a.332. Above here the pair can be seen targeting the resistance level 1.345. I will be watching this pair closely as it goes higher and I would

Forex Trading: Euro Dollar Falls on Monday in early Asian and European Trade

Good day traders! We have the euro dollar today dropping from 1.34209 in early Australian trade to 1.3247 as of now 11.56 Singapore time and also during the US open. The drop is nearly 200 pips and are we going to see the resumption of the risk aversion this week or better market sentiments that

Forex Trading: Euro Dollar Analysis after the Irish Bailout

Good day traders! Ahhh.. So the Irish banks got a bailout after all. There was a lot of drama before the bailout with the Irish pretending that they didn't need any help from anyone and that they can survive without any help from anyone. But what we know now is that they actually welcomed that

EURUSD Long Trade taken at 1.392 on 2nd Nov 2010 —> Trade Update. Trade Closed with 80 pips profit

Good day traders! Trade Update: Trade closed with an 80 pips profit. Opened a long trade at 1.392 and closed trade as limit was hit at 1.40. :p euro dollar trade closed with 80 pips profit euro dollar technical analysis Euro dollar trade taken. Went long at 1.392. Looking at TP

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