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Monday 05-04-2009
no responses - Posted 05.04.09
EURUSD Trading strategy: long at 1.3175, initial stop at 1.3125, objective at 1.3275. Adjust stop to breakeven on +30 pips (at 1.3205) if reached. Resistance zone of 1.3340-1.3390 is on focus today and the euro may extend gains towards the 1.3500 mark on the coming sessions, if a breach above 1.3390 will ...continue
no responses - Posted 05.04.09
EURUSD Trading strategy: long at 1.3175, initial stop at 1.3125, objective at 1.3275. Adjust stop to breakeven on +30 pips (at 1.3205) if reached. Resistance zone of 1.3340-1.3390 is on focus today and the euro may extend gains towards the 1.3500 mark on the coming sessions, if a breach above 1.3390 will ...continue
Friday 05-01-2009
no responses - Posted 05.01.09
EURUSD Trading strategy: stand aside Upside has been limited by the 1.3380 resistance on yesterday and the euro pulled back to as low as 1.3190 afterwards. The pullback to 1.3190 is corrective and the euro will probably rebound, pushing on the 1.3380/00 mark once again. Markets are expected to be quiet today ...continue
no responses - Posted 05.01.09
EURUSD Trading strategy: stand aside Upside has been limited by the 1.3380 resistance on yesterday and the euro pulled back to as low as 1.3190 afterwards. The pullback to 1.3190 is corrective and the euro will probably rebound, pushing on the 1.3380/00 mark once again. Markets are expected to be quiet today ...continue
Thursday 04-30-2009
no responses - Posted 04.30.09
EURUSD Trading strategy: stand aside The euro continued to advance higher on yesterday and gained 220 points, testing offers around 1.3335. Upside is under pressure as the euro manages to maintain a bid tone against the greenback, trading into the 1.3320 region at the time of this writing. While first intra-day support ...continue
no responses - Posted 04.30.09
EURUSD Trading strategy: stand aside The euro continued to advance higher on yesterday and gained 220 points, testing offers around 1.3335. Upside is under pressure as the euro manages to maintain a bid tone against the greenback, trading into the 1.3320 region at the time of this writing. While first intra-day support ...continue
Wednesday 04-29-2009
no responses - Posted 04.29.09
EURUSD Trading strategy: short at 1.3380, initial stop at 1.3430, objective at 1.3280. Adjust stop to breakeven on +30 pips (at 1.3350) if reached. The euro recovered most its Monday losses against the dollar and the upside is under pressure ahead of the Fed Interest Rate Decision later today. Two short-term barriers ...continue
no responses - Posted 04.29.09
EURUSD Trading strategy: short at 1.3380, initial stop at 1.3430, objective at 1.3280. Adjust stop to breakeven on +30 pips (at 1.3350) if reached. The euro recovered most its Monday losses against the dollar and the upside is under pressure ahead of the Fed Interest Rate Decision later today. Two short-term barriers ...continue
Tuesday 04-28-2009
no responses - Posted 04.28.09
EURUSD Trading strategy: stand aside Downside is under pressure as the euro failed to hold recent gains and declined, erasing most of last week's gains. Minor support is formed around the 1.3000 mark, backed by more relevant barriers at 1.2950 - 61.8% of the 1.2455-1.3735 upward move - then 1.2885 - monthly ...continue
no responses - Posted 04.28.09
EURUSD Trading strategy: stand aside Downside is under pressure as the euro failed to hold recent gains and declined, erasing most of last week's gains. Minor support is formed around the 1.3000 mark, backed by more relevant barriers at 1.2950 - 61.8% of the 1.2455-1.3735 upward move - then 1.2885 - monthly ...continue
Monday 04-27-2009
no responses - Posted 04.27.09
EURUSD Trading strategy: long at 1.3085, initial stop at 1.3035, objective at 1.3185. Adjust stop to breakeven on +30 pips (at 1.3115) if reached. The decline initiated at 1.3300 continues to pressure the downside and Friday's gains from 1.3110 th 1.3300 are almost cleared out as the euro is currently testing ...continue
no responses - Posted 04.27.09
EURUSD Trading strategy: long at 1.3085, initial stop at 1.3035, objective at 1.3185. Adjust stop to breakeven on +30 pips (at 1.3115) if reached. The decline initiated at 1.3300 continues to pressure the downside and Friday's gains from 1.3110 th 1.3300 are almost cleared out as the euro is currently testing ...continue
Friday 04-24-2009
no responses - Posted 04.24.09
EURUSD Trading strategy: stand aside The euro advanced higher against the dollar and easily breached the resistance at 1.3140, currently aiming the 1.3200 one - formed by the 61.8% retracement of the 1.3390-1.2885 down leg. Upside should remain favored now, while intra-day support levels at 1.3140 and 1.3050 will hold on potential ...continue
no responses - Posted 04.24.09
EURUSD Trading strategy: stand aside The euro advanced higher against the dollar and easily breached the resistance at 1.3140, currently aiming the 1.3200 one - formed by the 61.8% retracement of the 1.3390-1.2885 down leg. Upside should remain favored now, while intra-day support levels at 1.3140 and 1.3050 will hold on potential ...continue
Thursday 04-23-2009
no responses - Posted 04.23.09
EURUSD Trading strategy: short at 1.3140, initial stop at 1.3190, objective at 1.3040. Adjust stop to breakeven on +30 pips (at 1.3110) if reached. Although it managed to breach above the 1.3 mark on yesterday, the euro had a hard time approaching the 1.3050 zone, intra-day resistance formed around 1.3035 being ...continue
no responses - Posted 04.23.09
EURUSD Trading strategy: short at 1.3140, initial stop at 1.3190, objective at 1.3040. Adjust stop to breakeven on +30 pips (at 1.3110) if reached. Although it managed to breach above the 1.3 mark on yesterday, the euro had a hard time approaching the 1.3050 zone, intra-day resistance formed around 1.3035 being ...continue
Wednesday 04-22-2009
no responses - Posted 04.22.09
EURUSD Trading strategy: long at 1.2960, initial stop at 1.2910, objective at 1.3085. Adjust stop to breakeven on +30 pips (at 1.2990) if reached. Minor intra-day support is formed around 1.2915 by a rising trend line started at 1.2885 on Monday, extended through yesterday's lows. On a potential recovery, the euro will ...continue
no responses - Posted 04.22.09
EURUSD Trading strategy: long at 1.2960, initial stop at 1.2910, objective at 1.3085. Adjust stop to breakeven on +30 pips (at 1.2990) if reached. Minor intra-day support is formed around 1.2915 by a rising trend line started at 1.2885 on Monday, extended through yesterday's lows. On a potential recovery, the euro will ...continue
Tuesday 04-21-2009
no responses - Posted 04.21.09
EURUSD Trading strategy: stand aside The euro is currently recovering some of its losses after losing another 130 points on yesterday, reaching lows into the 1.2885 area. Downside is likely to remain under pressure and extended rallies will probably be limited by upside barriers into the 1.3020 zone then higher, at 1.3100. ...continue
no responses - Posted 04.21.09
EURUSD Trading strategy: stand aside The euro is currently recovering some of its losses after losing another 130 points on yesterday, reaching lows into the 1.2885 area. Downside is likely to remain under pressure and extended rallies will probably be limited by upside barriers into the 1.3020 zone then higher, at 1.3100. ...continue