Posts Tagged by trade signals
EUR/USD Outlook for Jan 29
| January 29, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Downward pressure continues on the EUR having just made new (recent) lows and nearly reaching 1.3900. A minor support band is likely from 1.3920-1.3900. With little support beyond this, a break below 1.3900 will target 1.3800. Some support may develop at 1.3860 and 1.3830 along the way. Resistance comes in at 1.3950 followed by 1.3980-1.4000. …
EUR/USD Outlook for Jan 28
| January 28, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The pair continues to hit new lows, having just dropped below 1.3990 recently. The outlook continues to be bearish for the EUR overall. Short term target on the downside, if the pair can once again move below 1.3990 is 1.3940, followed by 1.3920 and 1.3900. The pair has traded through most of the significant support,…
EUR/USD Outlook for Jan 27
| January 27, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The EUR/USD (get a longer term analysis via the link) declined to a former swing low on Tuesday, but has so far managed not to drop below the 1.4025 swing level. A drop below that level indicates another leg down in the downtrend for the EUR. Support is likely to develop between 1.4015-1.3985 (the wide…
EUR/USD Outlook for Jan 26
| January 25, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Quiet, relatively flat Monday for the EUR/USD (get a longer term analysis via the link). In fact, very little has changed since the last outlook…the levels to watch remain the same going into Tuesday. Initial support is at 1.4120. Support beyond is at 1.4100, 1.4085 and 1.4065. At 1.4030 is the recent swing lows, with…
EUR/USD Outlook for Jan 25
| January 25, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The EUR/USD (instant analysis of any symbol via the link) has support which sits just above 1.4120. Support beyond is at 1.4100, 1.4085 and 1.4065. At 1.4030 is the recent swing lows, with a drop below indicating another wave down for the the EUR. The market has already corrected into the 1.4160-1.4180 region mentioned in…
EUR/USD Forex Outlook for Jan 22
| January 22, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
A more normalized day on Thursday with the EUR/USD stabilizing. It moved lower in the early session but did recover to only finish down slightly. The correction mentioned yesterday did occur; a new low was made first and then the EUR moved higher to test resistance which developed at 1.4140. Now that the correction has…
EUR/USD Outlook for Jan 21
| January 20, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Another tough day for the EUR, falling 200 pips at one point against the USD and currently sits just off the lows, trading at 1.4100. The daily charts show a clear wave down underway which indicates a bias towards a further fall for the EUR. The pair does appear set up for a short-term correction…
EUR/USD Outlook for Jan 20
| January 20, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The EUR tumbled Tuesday, and while 1.4320 and 1.4300 briefly supported the fall the pair ultimately hit a low of close to 1.4250. The 1.4250 region is a technically a strong support area, but a breach of that support indicates another leg down on the longer term charts. The pair will need to get through…
EUR/USD Forex Trading Outlook for Jan 19
| January 19, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
As expected Monday was very quiet with the US holiday in effect. The EUR/USD ranged within 50 pips through much of the day. Only just in the last hour did the pair manage to pop above 1.4400. This is not particularly significant at this point given the light volume and the likely stop hunt of…
EUR/USD Outlook for Jan 18
| January 18, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Yup, it is a holiday for the US so not expecting much for today. As of right now the pair is sitting just under the resistance level at 1.4380, and that resistance extends to 1.4400. A break above is likely to target 1.4415-1.4420, beyond that 1.4440-1.4445 followed by 1.4470. On the downside there is little…
EUR/USD Dulldrums, will it continue Jan 15?
| January 15, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The pair stayed in it’s few day range, dipping just below recent lows but quickly pulling back (up) on Thursday. Levels to watch on Friday are similar to yesterday, as nothing has really changed. Resistance is at 1.4520, 1.4560 and 1.458o. Targets beyond are at 1.4600 1.4620 and 1.4640. CPI numbers are published for the…
EUR/USD Outlook – Jan 14
| January 14, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The pair finished slightly higher Wednesday, with upward movement which could not be sustained above former highs. The pair did broaden it’s range Wednesday but was still slightly below the 12 day average. The range has been expanding on the upside putting in a target of 1.4600. For this to happen resistance at 1.4560 and…
EUR/USD Stalls. Where will it go Jan 13?
| January 12, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The EUR/USD had a relatively uneventful day closing close to flat and staying within a 90 pip daily range on Tuesday. The pair whipsawed several times through the 1.4480 level mentioned yesterday, but could not choose a direction. Ultimately the day turned out much better for scalping than for trying to catch larger swings (since…
EUR/USD Outlook – Jan 12
| January 11, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Another up day for the EUR on Monday. The pair currently trades at 1.4516 (at this writing). A drop below 1.4480, which is old resistance and new support, indicates movement back into the former range with a target of 1.4415-1.4400. Target beyond is 1.4360. Movement above Monday’s high at 1.4560 indicates further buying with targets…
EUR/USD Forex Analysis – Jan 11
| January 11, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Strong buying in the EUR through early trading and currently sits at 1.4500, an interesting level. Continued movement above 1.4500 indicates at least a short-term swing higher for the EUR. Resistance beyond this level is scattered and does not come in significantly until the 1.4600 area, 1.4625, 1.4665 and the 1.4700 region. On the downside…
Recent Comments