EUR-USD Weekly Update 7-12-2009 — Looking at the EUR-USD chart we see that the week closed with a doji. The downwards pressure seems to have subsided. The low of last week was 1.3832 and High was 1.4072. We are still in the 600 point range and ...

EURUSD

On the WEEKLY Chart EUR-USD has been consolidating in a 600 point range (1.3738 - 1.4338). Though we stay in the up-channel. A break-out of this range will bring more traders to the market. A move above the upper boundries of the big weekly triangle ...

EURUSD

July 2009 Begins — EUR-USD MONTHLY chart candle for June closed today. We are still in the triangle consolidation. The close was a red doji. Indicating indecision. Here the key is to see if we can stay in the triangle and coil some over the ...

EURUSD

EUR-USD has fallen nicely just as expected with 2 "shooting star" candles on the 4 H chart. Now for those who did not avail this great opportunity to sell, it may not be the best time to sell here after we have dropped 140+ pips. What to do? 1. IF ...

EURUSD

EUR-USD Weekend Update 6-28-2009 — We are coming to the end of June. On Wednesday July will begin. This week is particularly important since: 1) June ends. Our monthly candle will close and give clues as to the EUR-USD strength or weakness. 2) ...

EURUSD

EUR-USD Charts

EURUSD

ITS SUMMER! So expect smaller ranges, lower volume and more pattern trading. The global business volume is lower during summer and hence it is reflected in all types of trading Forex, Futures/Commodities as well as Stock, Options and Bonds. As ...

EURUSD

EUR-USD 6-21-2009 Weekend Post — EUR-USD Weekly and Daily Charts.

EURUSD

Thursday 6-18-2009 — EUR-USD range was limited for Thursday. The market made several attempts to move above Wednesday's High 1.3984 only to be pushed down. On the DAILY chart we have a 'red' candle. While we stay below the down trend-line on ...

EURUSD

Wednesday's trading session saw EUR-USD price move higher on the day. The bullish "Harami" candlestick formation held and high of Tuesday 1.3932 was taken out to the up side. At this stage it is still difficult to predict if we have found short term ...

EURUSD

EUR-USD moved higher on Tuesday only to fall back down. However it closed above the SUPPORT area of 1.3792 / 1.3805. The daily chart has a 'harami' candle. Harami candles are a weak sign of reveral at the bottom of a down move. As a result we have ...

EURUSD

EUR-USD fell on Monday following a "red" candle for Friday on the daily chart. We have found support a little below the 'neck-line' of the H&S pattern. At this stage it is hard to tell if we will continue down or get a bounce. FOR TUESDAY: We have a ...

EURUSD

EUR-USD which has been fluctuating between APEX and SUPPORT on the daily chart seems to be headed south. The 'red' candle for Friday suggests that we may go lower. Looking at the 4 H chart we find that we may have a H&S formation that indicates that ...

EURUSD

EUR-USD continues to move between APEX and SUPPORT. See DAILY Chart. On HOURLY Chart we could be making a bull flag to move higher. See HOURLY Chart.

EURUSD

EUR-USD continues to tread between APEX and SUPPORT. Still uncertain of its direction. See DAILY Chart. On 4 H chart we see a possible BIG "HEAD & SHOULDERS" pattern. Only a break of the APEX or SUPPORT on the daily chart will confirm or negate it. ...

EURUSD

EUR-USD Where Do We Go From Here? As usual Wednesday's calendar is full. We have reports coming out in the EuroZone and USA. With the charts as they are currently in EUR-USD we could go up or down. But key factor will be what comes out in the ...

EURUSD

EUR-USD refuses to go down. The support area 1.3792/1.3805 held and EUR-USD got a push as buyers moved the price back up. On the DAILY chart EUR-USD prices are back in the UP-CHANNEL, and if 1.3792/1.3805 support area holds we could find EUR-USD ...

EURUSD

EUR-USD seems to have an INVERTED "Head & Shoulders" pattern. See HOURLY Chart. A break above 1.3926/37 resistance area is needed to confirm it.

EURUSD

MAKING MONEY TRADING FOREX: There are a lot of traders out there wondering if it is possible to make money trading forex. Simple answer is yes. But more complicated answer is it depends on you. Ask yourself this question: Is it possible to be a ...

Is it Possible to Make Money in Forex Market

Monday was a technical trading day for EUR-USD. There were no major reports in USD or EUR. We initially saw a continuation of the down trend. To achieve its "Head & Shoulders" objective at 1.3890 area. (See post url ). The pair found support ...

EURUSD