FXstreet.com (C?rdoba) ? The Euro bottomed a few hours ago at 1.4259, reaching a fresh 3-month low…
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Read More Forex EUR USD Euro recovers and rises above 14300
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Posted in Forex | Tagged 14300, above, and, eur, euro, Forex, recovers, rises, usd
The Euro continues to be weighed by concerns over Greece’s debt downgrade and the implications for the region’s financial system. The sterling hasn’t been a standout itself with the U.K.’s budget deficit reaching the highest levels since record keeping began in 1993, creating its own credit rating concerns. The concurrent bearish sentiment has left the [...]
Posted in Forex | Tagged and, as, concerns, credit, eur, europe, gbp, offers, offset, opportunity, scalping, uk
The EUR/USD price action is now at the point where it may retrace.
Let’s see what the balance of the week brings.
Read More If the EUR USD is going to turn, this is the area it need happen in
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Posted in Forex | Tagged area, eur, going, happen, if, in, is, it, need, the, This, to, turn, usd
This chart was created with MT4 and the Autochartist Chart Pattern plug-in.
…throw the 200sma into the picture and there’s some interesting action going on between the resistance of the channel down pattern and the support waiting between the 38.2% Fibo Retracement.
Related PostsNovember 28, 2009 — EUR USD Fun with fractals Elliott Wave … [...]
Posted in Forex | Tagged and, channel, distribution, down, eur, pattern, usd
