Technical Analysis – EUR/USD Short-Term Sell

10-31-08

3:34a GMT – In the short-term for the EUR/USD I am favoring shorts down to support at 1.2600. The pair has recently seen a pullback from daily lows at 1.2740 and I see above 1.2800 as a good selling point for the retreat.

Trading Idea: Look for bearish reversal signals around 1.2850 with shorts favored down [...]

Technical Analysis – EUR/USD Still Buying Dips

10-29-08

3:15a GMT – After correctly predicting yesterday’s rise in the EUR/USD pair I am still bullish on the pair for today’s trading and I’m looking to buy dips. The pair rose yesterday as US traders took money out of the dollar safety and into the stock market in hopes of a rate cut by the [...]