Forex Signals – EUR/USD Breakout Pattern 10-30-09

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, but [...]

Forex Signals – EUR/USD Still Selling Resistance

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 unemployment rate [...]