EURUSD Trading strategy: stand aside The 1.34 zone is under renewed pressure as the Euro failed once again to break the resistance at 1.3750 on yesterday. Intraday studies are bearish and the Euro aims towards support at 1.3440/50. Daily resistance is formed at 1.3630/50 and the stronger barrier at 1.3750/60. If the decline resumes, a Read More
Thursday 10.09.2008
EURUSD Trading strategy: small short at 1.3890, initial stop at 1.3930, objective at 1.3800. Adjust stop to breakeven on +30 pips (at 1.3860) if reached. The resistance at 1.3740/50 is still on focus after two failed tests and a potential break may extend gains towards the 1.39 mark within the next trading sessions. Intraday studies Read More
Wednesday 10.08.2008
EURUSD Trading strategy: stand aside The Euro gained against the dollar on yesterday, testing resistance into the 1.3740/50 region before falling back below the 1.36 mark. Intraday support is formed at 1.3550 backed by 1.3500/10 and 1.3450. Resistance starts at 1.3650 followed by 1.3700 and 1.3740/50. The downside remains under pressure since the Euro failed Read More
Tuesday 10.07.2008
EURUSD Trading strategy: small short at 1.3750, initial stop at 1.3790, objective at 1.3700. Adjust stop to breakeven on +30 pips (at 1.3720) if reached The downside is under high pressure as the Euro fell to its lowest level since August 2007, testing bids at 1.3440 on yesterday. The intraday studies are now bullish and Read More
Monday 10.06.2008
EURUSD Trading strategy: small short at 1.3750, initial stop at 1.3790, objective at 1.3700. Adjust stop to breakeven on +30 pips (at 1.3720) if reached. The Euro has reached a fresh low after the 130 points gap at today’s open. Current levels are extremely bearish for the Euro and no signs of a rebound are Read More
Friday 10.03.2008
EURUSD Trading strategy: stand aside The Euro recovered some lost ground today after reaching fresh lows at 1.3745 on yesterday. Nearby resistance is on focus at 1.3885/00 followed by 1.3950 and 1.4 . Support starts at 1.3800 backed by 1.3745 and 1.3690. Intraday studies are bullish at the time of this writing and large moves Read More
Thursday 10.02.2008
EURUSD Trading strategy: small short at 1.3870 on break of 1.3880/85, initial stop at 1.3910, objective at 1.3800. Adjust stop to breakeven on +30 pips (at 1.3840) if reached. The Euro continues is under renewed pressure since the psychological bottom at 1.4 has been broken and the recent low at 1.3880 is on focus. A Read More
Wednesday 10.01.2008
EURUSD Trading strategy: small short at 1.4280, initial stop at 1.4320, objective at 1.4200. Adjust stop to breakeven on +30 pips (at 1.4250) if reached. The Euro continues to press lower testing bids at 1.4010 on yesterday. The downside remains on focus as the daily studies are bearish and a resume of the decline may Read More
Warning: All the information on this site is provided "as is" for INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY, not intended for trading purposes or advice.
Bear in mind that you are the only one responsible for your own trades. If you follow anyone else expecting to replicate his results, then you are doing something wrong.
Forex Trading is speculative, involves significant risk of loss and is not suitable for everyone (Full Disclaimer) - (Terms of Use)
This work by innerfx.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Permissions beyond the scope of this license may be available at http://www.innerfx.com/terms-of-use.