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Forex EUR USD Euro recovers and rises above 14300

FXstreet.com (C?rdoba) ? The Euro bottomed a few hours ago at 1.4259, reaching a fresh 3-month low…
For more information, read our latest forex news.
Read More Forex EUR USD Euro recovers and rises above 14300
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EUR GBP Offers Scalping Opportunity as Europe and UK Credit Concerns Offset

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 [...]

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If the EUR USD is going to turn, this is the area it need happen in

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
Related PostsAugust 29, 2009 — If the EUR USD rally is for realheres how to play it [...]

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EUR USD Distribution and Channel Down pattern

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 … [...]

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Capitalizing on the near term EUR USD trend correction

The breakout on the EUR/USD has taken prices up to the 1.5100 area with little correction so with such a strong trend, pullbacks may be best watched for on the short term 15 minute chart.
The resistance from the breakout is a perfect place to begin watching for prices to correct to uptrend line support since [...]

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EUR USD

This daily chart of the EUR/USD shows about the last seven months of trading. The series of higher highs and higher lows means an uptrend, which also means that trend traders will look for buying opportunities, particularly on a test of a support level.
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Related Posts
November 29, 2009 — EUR USD Update [...]

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