Forex Signal – EUR/USD Short Trade

2-30-08

5:26a GMT – Per my signal yesterday I sold a sustained break of 1.3100 after the pair never returned back up to 1.3300 resistance. Bearish trend remains intact as resistance at 1.3385 remains untouched and the pair suffered good losses yesterday. RSI shows yesterday’s bearish movement is indeed real.

Trading Idea: For traders looking to enter [...]

Forex Signal – EUR/USD Bearish Double Top Trade

1-29-09

3:44a GMT – The EUR/USD failed for a second time to hold a sustained break 1.3300 resistance and has now formed a bearish double-top formation on the 4-hour charts, reinforcing my sell analysis. The pair also failed to challenge the more major resistance at 1.3385 and has long wicks on the upside – both bearish [...]