Posts Tagged by eur crashes
EUR/USD Forex Analysis for Dec 9
| December 9, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
The aggressive fall in the euro against the dollar today (once again) was eerily similar to Lindsay Lohan’s career…you could see both coming. But alas, we are only interested if the EUR will see a revival after a few days of selling. The pair never rallied to 1.4900; a level which if reached may have…
EUR/USD – Total Respect (Dec 8)
| December 7, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
Looking at the EUR/USD currency pair, resistance at 1.4900 was very much respected by the market on Monday. Heading into the Tuesday around the world, 1.4900 again is an important level. For forex traders a break above this level indicates a move towards 1.4920 initially. Getting above 1.4930 indicates another upside target of 1.4950-1.4960. Further…
EUR/USD – Bottom Harder to Pick Than a Broken Nose – Dec 6/7
| December 6, 2009 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The pair slid faster than a ice cube in a KY jelly factor on Friday. Moving nearly 300 pips, which is even a fairly substantial amount beyond double its daily average range, which is around 135 pip/day. For those groping for a bottom it was hard to pick than a broken nose. This aggressive move…
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