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Forex Signal – EUR/USD Bulls Charging

Forex Signal – EUR/USD Bulls Charging

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 … Continue reading

Forex Signal – EUR/USD Yo-Yo Effect

Forex Signal – EUR/USD Yo-Yo Effect

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 … Continue reading

Forex Signal – EUR/USD The Selling Hour

Forex Signal – EUR/USD The Selling Hour

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, … Continue reading

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