Posts Tagged by where is the euro going
Forex Analysis – EUR/USD, USD/JPY and EUR/JPY
| October 24, 2010 | Posted by admin under Forex - Other Pairs, Forex - USD/JPY |
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 Forex - EUR/USD, Forex - Other Pairs, Forex - USD/JPY |
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 Forex - EUR/USD, Forex - Other Pairs, Forex - USD/JPY |
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 Forex - EUR/USD, Forex - Other Pairs, Forex - USD/JPY |
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 Commodity Analysis, Forex - EUR/USD, Forex - Other Pairs, Forex - USD/JPY |
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 Stocks & Stock Market Analysis |
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 Stocks & Stock Market Analysis |
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…
My EUR/USD Distaste
| September 13, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The pair is barely worth mentioning at the moment as it chops its way through the 350 pip range. Ultimately a breakout above 1.2950 is needed or a drop below 1.2580 to warrant interest (1.2600 can also be watched closely given the close proximity to the breakout level). Support comes in at 1.2425 on the…
EUR/USD testing intra-day resistance
| September 4, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The EUR/USD is pushing at resistance between 1.2900-1.2930 – this level was tested multiple times intra-day between early and mid-August. During the mid-August push higher the highest close remained below 1.2850 therefore this weeks close at 1.2894 indicates buying pressure in this region. A close above the intra-day highs would confirm the strength and could see the…
EUR/USD – Day Trading Update
| August 17, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Posts have not been as frequent during the week for forex day trading analyses lately, but after a another day of down right belligerent volume on the stock market, I thought I would pay homage to our liquid friend the EUR/USD. Early trading this week saw the Euro move off the lows of the hurtful experience it…
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