PipHut.com

5-27-09

6:21a GMT – Pair did bounce off support yesterday (netting us some pips) which technically puts the charts in a more bullish light for the short and mid-term. Fundamentally it seems that as news and leading indicators on the US economy improve people are removing their money from the relative safety of US dollars and [...]

5-26-09

6:26a GMT – Overbought levels appear to be causing the EUR/USD to stall out on the charts after the Memorial Day holiday in the States on Monday. On the daily the price action is just below 70 on the RSI and on the 4-hour it has just dipped below 70. Either way the pair has [...]