Forex Signals – EUR/USD Selling into the Weekend

1-29-2010

5:49a GMT – Extremely strong bearish trend continued yesterday with the pair never rising much at all to offer an entry at main resistance, however the 8:00a GMT candle offered a bearish reversal doji just beneath our first layer of resistance and in this strong of a trend that is all the confirmation I need.

Daily [...]

Forex Signals - EUR/USD Approaching Trend Resistance

1-27-2010

Daily Outlook: 6:27a GMT – Pair did little to nothing for much of the day yesterday before making a second break under 1.4020 and triggering my secondary trade (short @ 1.4020) which netted some nice pips only a couple hours later. Nothing in the technical outlook of the pair has changed: weekly charts still show [...]