Today’s EURUSD Analysis: Short for yesterday was stopped out for a small loss yesterday as US GDP grew by 3.5% – more than expected and technically signaling an end to the US recession. There is still a lot of weakness in the US economy and much of that growth was driven by government programs/spending, [...]
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10-29-09 4:46a GMT – The USD has made an amazing recovery against the Euro in recent days, and signals might point toward a continued recovery Thursday. We have two event risks with the EUR/USD we will have to watch closely to see how the market reacts: the US GDP in the afternoon and Germany’s [...] 10-27-09 5:38a GMT – The problem with trend reversal signals is that technically when you back out to a larger timeframe any “reversal” just looks like a minor correction in the overall trend. We have a similiar situation today with the EUR/USD as it approaches its daily trend support. You can see just the [...] 10-27-09 5:26a GMT – And boy did they come out swinging! The pair dropped over 200 pips yesterday (wow), the single largest move in a couple of months. The uptrend had been so calm recently you could almost feel the big break building up. Does this mean more volatility will return to the pair? [...] 10-26-09 7:02a GMT – Welcome back for another week of trading PipHutters! The upgrades over the weekend went well – no major issues and everything seems to be working well. If I’ve been a little slow on responding to comments recently I apologize. There is a lot of things I’m working on right now [...] |
  
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