Posts Tagged by cfd broker
EUR/USD: More Downside Targets Hit on Continued Slide
| May 5, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The Euro saw another very weak day against the USD as the primary target at 1.2800 was penetrated, putting in a low of 1.2788 so far. Trend remains down on all time frames with further targets at 1.2700, 1.2650 and 1.2550 and 1.2500. The aggressiveness of these targets simply account for increase volatility over the last two days. There…
Downside Target at 1.3000 on EUR/USD HIT
| May 4, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The pair had a drastic sell off Tuesday, along with equity markets taking a tumble. The decline ultimately took the Euro below 1.3000, currently trading at 1.2964. This move took out multiple short and longer term downtrend targets. With the steady decline resistance is really all the way up to the more crucial 1.3150 level.…
EUR/USD-Pauses before Move
| April 13, 2010 | Posted by admin under Stocks & Stock Market Analysis |
This is the daily EUR/USD outlook for April 14. On the daily chart we have a “candle” that indicates an up day on Wednesday. Price needs to confirm, and that confirmation will be provided if the pair climbs above 1.3640. A rise above that level indicates a retest of the highs seen ealier this week…
EUR/USD-Bounces off Lows, Now What?….
| April 8, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The is your daily EUR/USD outlook for April 9. On Thursday the Euro declined into the support area, reaching 1.3280, but has since rallied off that level. The pair currently trades at 1.3378 Not being able to reach the lows does show strong support, but currently the pair trades in a bit of a “no…
EUR/USD-Approaching Recent Lows. Watching…
| April 7, 2010 | Posted by admin under Stocks & Stock Market Analysis |
This is your daily EUR/USD outlook for April 8. Tuesday the pair had broken below 1.3380 witch was an important move. On Wednesday, none of the bounces could pull up into the resistance levels mentioned last night. This indicates weakness and a highly likely retest of the lows. Some support may be developing at…
EUR/USD-Choppy Trading Continues
| April 5, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The following is your daily EUR/USD outlook for April 6. Over the last few trading days 1.3600 was tested but rejected. This level should be watched as a move above it indicates likely futher buying of the Euro. Whereas a drop below 1.3450 is likely to bring in more selling. Trading remains choppy. Overall trend…
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