Technical Analysis of Euro Dollar – 4th November 2012

Good day traders! The euro dollar looked heavy at the closing on Friday. The pair has broken below the bottom of the up trend line, tested once on Wednesday and fell with one large swoop on Friday. So, what can we look forward to next week? From the above chart, we can see that the

Euro Dollar Trading Strategy on 22nd June 2012

Good day traders! Lets go over the euro dollar chart and let the chart tell us the story.I will usually start from the bigger time frames and then go down to the smaller time frames. Below is the daily time frame for the euro dollar. euro dollar daily time frame On the daily

By |2017-01-01T13:01:21+08:00June 22nd, 2012|Categories: Daily Technical Strategy, EUR Crosses|Tags: , |1 Comment

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