Forex Signals - EUR/USD Weekend Consolidation

12-4-09

5:41a GMT – Yesterday’s signals produced a trade (which is still open) at 1.5050 (currently a little bit in the profit) though I have tightened the stop as 4h charts are leaning toward a bearish consolidation pattern. Another reason I have tightened the stop considerably is because on the daily chart a bearish [...]

Forex Signals - EUR/USD Remains in Bear Channel

11-24-09

7:10a GMT – I’ve got some exciting additions to PipHut to announce – I was going to just tack them on to the bottom of this signal but thought they were exciting enough to warrant a second post so keep your eyes open for a another post a few minutes after this one.

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Forex Signals - EUR/USD Retracing the Fall

11-13-09

6:26a GMT – What is it about Fridays that makes me not want to trade? Huge drop in the EUR/USD yesterday that kicked out my stop for a small loss (that’s why we always use stops and use good money management, right?) The pair did take an initial bounce of of 1.4950, good [...]

Technical Analysis – EUR/USD More than just a Bounce?

8-20-08

3:26a GMT – While daily analysis remains extremely bearish (except that they are heavily oversold) the weekly view offers a different view below. As you can see despite the recent selling of the pair the uptrend remains very much intact and is actually at strong monthly resistance. Yellow trend line below is drawn [...]

Technical Analysis – GBP/USD Approaching Strong Support

8-13-08

22:21 GMT – GU remains bearish on all time frames but is approaching strong weekly support just as the pair is reaching highly oversold levels on the weekly chart as well (it is also oversold on everything from 1h-weekly). On signs of bouncing off the support at 1.8500 this might be a good [...]