PipHut.com

4-30-09

6:26a GMT – EUR/USD bulls kept charging yesterday, pushing the pair past strong resistance at 1.3300 all the way up to 1.3337. Technically this establishes a new higher high for the pair and switches me from selling to buying the pair. The pair is heavily overbought right now so I would prefer to let the [...]

3:16a GMT – We had a nice big drop in the EUR/USD pair on Monday – and then a nice big rise yesterday as trader’s battled to find a fair price considering the economic news. Housing prices declined in the US again – but not as much as expected. Germany reported it was lowering its [...]