Forex Signal – EUR/USD Still Buying

2-27-09

5:56a GMT – I continued to take 50 pip profits off of yesterday’s 1.2695 buy signal, continued from the previous day, and Friday will be more of the same. The support has held strong this past week. Technically more mixed signals are starting to develop with the RSI somewhere in the middle. We’ve had lower [...]

Technical Analysis – EUR/USD Long Support within Reach

2-26-09

2:26a GMT – We caught a few 60 and 40 pip bounces off of our 1.2695 support from yesterday though so far the EUR/USD has been unable to keep the rally going which makes the long less appealling. However, the support at 1.2695 is still strong and as long as that holds I am either [...]