Posts Tagged by eur/usd analysis
Forex Analysis on Majors – Weekly Summary February 3
| February 3, 2012 | Posted by admin under Forex Technicals |
Forex Analysis on Majors – Weekly Summary February 3 Cory Mitchell, CMT As the week of February 3 comes to a close we look to what is expected for next week, and what transpired over the last week of trading. Forex analysis on majors is the focus: EUR USD, GBP USD, CHF USD and USD…
Forex Update: AUD USD, GBP USD and EUR USD
| February 2, 2012 | Posted by admin under Forex Technicals |
I recently covered three forex pairs on the blog. Here is a forex update on all three given the last couple days action : AUD USD, GBP USD and the EUR USD. Forex Update – The AUD USD was last covered in post which looked at an ascending triangle pattern. In that post it was…
EUR USD found a bottom?
| January 30, 2012 | Posted by admin under Forex Technicals |
I am back from my time in the sun, and having not checked email, facebook, twitter or the news for over a week, I find the markets moving upon my return. Stocks have been pushing higher, in-line with the EUR USD correlation, as the Euro has also been moving higher vs. USD. The EUR USD…
EUR USD Forecast 2012
| January 9, 2012 | Posted by admin under Forex Technicals, Swing Trading Ideas |
EUR USD Forecast 2012 By Cory Mitchell, CMT 2012 is well underway, and even if the end of the Mayan calendar on December 21,2012 spells the end of civilization as we know it, that means us traders still have a job for another 346 or so days. 2012 is going to be an exciting year,…
EUR/USD Long-Term Pivotal Point
| October 31, 2011 | Posted by admin under Forex Technicals, Swing Trading Ideas |
I recently wrote a long-term outlook of EUR/USD for Benzinga. The analysis can be viewed here: http://www.benzinga.com/trading-ideas/long-ideas/11/10/2076193/eurusd-at-long-term-inflection-point Cheers, Cory Mitchell, CMT
EUR/USD forming short-term triangle – October 20
| October 20, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The EUR/USD is so far moving sideways this week in a narrowing pattern. The chart shows the triangle pattern which is forming. The pair, which has seen choppy trading in recent months, is in the middle of major support and resistance. Technically, the likelihood of a move up or down is nearly the same. Given…
EUR/USD 1.39 Target, USD/CAD Verging on Shift
| May 22, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The Euro has a rough day on Friday, falling about 150 pips. In the last update on this pair (http://vantagepointtrading.com/archives/4258) 1.3900 was still the target following the major breach of the upward sloping trendline. If 1.3900 fails to support (in the event the market reaches that point) the pair could see an extension into the…
EUR/USD to continue to fall
| May 12, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The EUR/USD has already seen a significant decline in recent weeks, from an intra-day high on May 4 of 1.4940 to a low of 1.4172 on May 11; the question that many traders are asking is “Can it go lower?” Technically speaking it is looks like it can. Based on the prior trend channel the target is…
Forex Analysis – EUR/USD, USD/JPY and EUR/JPY
| October 24, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
Fairly tame week for the EUR/USD, USD/JPY and EUR/JPY. The EUR/USD is in a consolidation pattern after hit the target area. The high of the pattern is 1.4160 and the low 1.3700. Movement above the high indicates another move higher with a target of 1.4600. This aligns with the January swing high. Movement below 1.3700…
EUR/USD, USD/JPY and EUR/JPY Updates…Beware!
| October 18, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
EUR/USD has hit all the upside targets, and even surpassed the target area which had a high of 1.400. The pair got as a high as 1.4158 but has now reverted back into our target area which was 1.3800-1.4000 (currently trades at 1.3919). This was the target area because I expected some resistance based on…
EUR/USD, USD/JPY, EUR/JPY
| October 10, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The EUR/USD hit the upper end of the profit target (discussed in the last several analyses) at 1.4000. It closed out the week at 1.3935. While the trend remains strongly up at this point, a reversal below 1.3800 would indicate selling interest. A further move below 1.3630 signals a test of primary support at 1.3300.…
Targets in Play-EUR/USD, EUR/JPY, USD/JPY
| October 6, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
In mid-week trading the EUR/USD has moved right to the center of the target area: 13900. Between here and 1.4000 some resistance is expected. A swift move through 1.4000 could see moves toward 1.4200 heading into the end of the week and early next week as strong buying continues. Support is now at 1.3800 and…
EUR/USD, EUR/JPY, USD/JPY and Dollar Index Analysis
| October 2, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
In terms of the EUR/USD, EUR/JPY and USD/JPY you can see last week’s analysis here: http://vantagepointtrading.com/archives/3807. In addition there are a few updates below. Much remains the same. The EUR/USD is just moving into the target area. EUR/JPY has moved slightly above the resistance area, and is heading for the target area. The previous analysis…
Forex Market Update
| September 24, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Another week of aggressive moves in the forex market. Several levels mentioned last week were in play this week – one reversal and two pairs headed to their next profit target. Here we will look at the USD/JPY, EUR/JPY and EUR/USD. Need more trading tactics? Need a complete trading system? If you haven’t check out it out,…
Big week for Currencies – Trend Changes
| September 19, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Stock Market Analysis, Swing Trading Ideas |
Big week for currencies as many pairs saw large moves. Here I will got through the brief technical outlooks of the EUR/USD, USD/JPY and EUR/JPY. EUR/USD: I don’t like the candle formation from the daily bar which occured on Friday, but other than that the break to upside above support last week indicates a move…
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