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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 [...] 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 [...] 4-27-09 4:26a GMT – EUR/USD is coming off of a strong bullish week but I am still bearish on the technicals and the 4-hour chart below shows why. The pair is still consolidating downwards from last year’s bullish Euro moves, with lower lows and lower highs being made every month or so. Their is [...] 4-24-09 4:26a GMT – EUR/USD eased off some oversold levels yesterday as it accelerated upward through mid-term support and is now hanging around just below 1.3165. I think the pair has some more room to room and really get overbought before a high probability trade can be entered so I am waiting for a [...] 4-22-09 5:06a GMT – Before we talk about today’s signal I want to let those of you who have emailed or commented to me recently sorry I’ve been bad at responding. I don’t want to discourage you from participating at PipHut! It’s been a busy few weeks. On to today’s signal and analysis! Booked [...] |
  
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