Posts Tagged by eur/usd long term analysis

EURUSD Analysis – March 9, 2012

EURUSD Analysis  - March 9, 2012 Cory Mitchell, CMT Note: Please see the USDCHF Analysis (added on March 10) as well, as it provides a trade alternative and also provides pertinent correlation information relevant to the EURUSD. Recent Events: Friday met with strong selling, putting the pair below where it began the week. Short-term trend is up, but…

EURUSD Forecast – Aggressive Rally Coming in the Euro

I was looking at Commitments of Traders (COT) data the other day and I noticed something quite alarming–something which could potentially send the EURUSD flying higher over the next several months. EURUSD Forecast – Cycles First I want to go back to my EURUSD Forecast 2012 published on January 9 . In that article I stated that…

EUR/USD: Mother of False Breakouts (at least right now)

I used to include a caption below my name when I wrote an analysis, that caption was: “Remember, False Breakouts are Tradable Too!” It was meant to be a reminder that just because a trade looks like it may not be working out, does not mean there isn’t money potential there.  In fact, false breakouts…

EUR/USD: Analyzing the Daily Chart

In this weekend look at the EUR/USD currency pair we will be looking at the daily chart.  It provides a longer term perspective than the time frame looked at in the analysis I publish each night. No major levels were broken during the week, namely 1.3800 or 1.3265.  If 1.3800 is breached in the upcoming…

EUR/USD-What’s Coming Next Week…

This is your weekend look at the EUR/USD.  We will take a slightly longer term view outlook than what is covered in the EUR/USD day trading analysis which is posted each day. After all was said and done over this last week of trading the pair ended up flat.  No lower lows were created, although…

EUR/USD – Remains Wound Up

This is your longer term outlook of the EUR/USD.  We will look at the daily chart in this analysis, and what can be expected over the next week. Despite having having a “It might actually breakout!” moment, ultimately that breakout was short lived as we traded well within the former range most of last week.…