Going through the 3 major pairs again today to see whether there are trading opportunities. First up is the EURUSD. The euro dollar has fallen to the bears today. Yesterday's close saw a pin tail being formed just below the down trend line that has been drawn. The pair fell to 1.3558 from a
Hi traders! Lets look at the 3 main pairs at the moment and see what they are up to. First up is the EURUSD. The pair met some bull at the 1.3476 level and has since rebounded up to the 1.36 price level after Draghi's comments. The price is now meeting a mash of moving
Hi traders! USDJPY - Pair has broken from the triangle and is seen moving north side. :) Where are possible points of resistance? 1. 100.426 2. 101.168 3. 103. 166 On the down side, what should we look for? A break below 100 will require us to re-analyse the chart again. Its one of the
This is an article on the currency pair USD/JPY.
This article sees a forex trader analysing the usd/jpy on his forex blog.
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
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