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Forex Signals – EURUSD Getting Short

Mark — Tue, 22 May 2012 11:44:32 +0000

Recap: Sorry about our technical difficulties yesterday with the free EU signal! While PRO members were able to read the EU signal just fine there was an error message being displayed on our main page for free users. We apologize and it should be sorted out now! Our short from yesterday got 25 pips into the profit before reversing on us to hit our trailing SL for a 25 pip loss. The pair is back [ continue reading ]

Source: Forex Signals – EURUSD Getting Short
Forex signals from: PipHut.com

Forex Signals – EURUSD Bearish Consolidation

Mark — Mon, 21 May 2012 12:15:43 +0000

Recap: We didn’t enter any new positions Friday, as promised, as the markets were predictably volatile and thin before the weekend. The EU did begin to peel upwards a bit Friday in a bearish consolidation pattern and, given the 630 pip down movement since May 1, our main technical forecast is still for more bearish action down to at least 1.25. Today’s Important News Events: Date Time (UTC) Event Forecast Previous There are no events [ continue reading ]

Source: Forex Signals – EURUSD Bearish Consolidation
Forex signals from: PipHut.com

Forex Signals – EURUSD Back to the PIIGS

Mark — Fri, 18 May 2012 07:03:08 +0000

Recap: Our short from yesterday was triggered on the 10:18 support break, which closed well below our support so we kept the short open (instead of closing it as a false break). Patience has paid off as the pair is currently 50 pips in the profit and appears to still be bearish. With the weekend fast approaching we will close out at 50 pips profit. Today’s Important News Events: Date Time (UTC) Event Forecast Previous [ continue reading ]

Source: Forex Signals – EURUSD Back to the PIIGS
Forex signals from: PipHut.com

Forex Signals – EURUSD Consolidating

Mark — Thu, 17 May 2012 08:20:29 +0000

Recap: We stayed flat yesterday on EU as no support formed and the pair’s technical outlook was mixed at best, which is why price action simply consolidated and barely moved all day. The pair is still in a clear technical downtrend and the question, as always in forex, is when will this turn around (or, in other words, how long will this trend continue)? Luckily with swing trading we don’t need to guess – we [ continue reading ]

Source: Forex Signals – EURUSD Consolidating
Forex signals from: PipHut.com

Forex Signals – EURUSD Intraday Update

Mark — Wed, 16 May 2012 14:24:06 +0000

Recap: We took Tuesday’s long trade on the chin for -50 pips as the pair broke our resistance level and then almost immediately continued downward. We were bearish on the pair, as we stated, but thought the oversold hourlies would provide us enough of a platform to bank some long pips. Today the pair is still very bearish looking technically, thanks to the fundamental outlook in Europe, but the large stab downward yesterday has the [ continue reading ]

Source: Forex Signals – EURUSD Intraday Update
Forex signals from: PipHut.com

Forex Signals – EURUSD Deja Vu

Mark — Tue, 15 May 2012 05:45:11 +0000

Recap: No EU trades were entered yesterday as the pair continued to fall and never broke above it’s resistance level to triggered our long. Our analysis and setups are very similar to yesterday as not a whole lot has changed: the pair is in a nice technical downtrend with consistent lower lows and lower highs. Fundamentally this downtrend has been brought about by the recent Greek political woes and the increased likelihood of a Greek [ continue reading ]

Source: Forex Signals – EURUSD Deja Vu
Forex signals from: PipHut.com

Forex Signals – EURUSD Greek Downtrend

Mark — Mon, 14 May 2012 09:17:36 +0000

Recap: We took two trades on Thursday (no trades on Friday) – our first short on the support break was closed out for a 30 pip loss as the entry candle closed above support (false break). The second support break at 19:18 UTC on Thursday got 40 pips into the profit before reversing and hitting our tightened SL for 10 pips profit, for a grand total of a 20 pip loss on Thursday. Technically there [ continue reading ]

Source: Forex Signals – EURUSD Greek Downtrend
Forex signals from: PipHut.com

Forex Signals – EURUSD Greek Euro Worries

Mark — Thu, 10 May 2012 05:39:32 +0000

Recap: No trades from yesterday’s EU signal were triggered as the pair has flirted with the falling resistance but never broke it. The resistance is still intact but we are bearish on the Euro at the moment as Eurozone confidence appears to be about to take a large drop among investors (more so than it already has). Germany and Greece are playing a game of chicken over the bailout package after the latest Greek elections, [ continue reading ]

Source: Forex Signals – EURUSD Greek Euro Worries
Forex signals from: PipHut.com

Forex Signals – EURUSD Dollar Strength

Mark — Wed, 09 May 2012 11:20:20 +0000

Recap: Our long was triggered yesterday at 17:45 on a resistance break, which got 20 pips into the profit. The entry candle then closed below our resistance (false break), which caused us to close the long for a 20 pip loss. Today’s Important News Events: Date Time (UTC) Event Forecast Previous There are no events scheduled. *To see a more extensive list of news events (not just those we consider important), visit our Forex Calendar. [ continue reading ]

Source: Forex Signals – EURUSD Dollar Strength
Forex signals from: PipHut.com

Forex Signals – EURUSD Hitting the Fan

Mark — Tue, 08 May 2012 08:39:46 +0000

Recap: No trades entered Friday or yesterday as the charts were too mixed for us to feel particularly confident in any single direction or setup. Fundamentally today the markets are as crazy as they get: the Greek coalition government lost its grip in the latest public polls (the party responsible for the bailout and the resulting austerity measures), 12 of 17 EMU governments have been replaced by collapse or election in the past 2 years [ continue reading ]

Source: Forex Signals – EURUSD Hitting the Fan
Forex signals from: PipHut.com