The EURUSD is approaching some upside targets for the pair. The first is the underside of the trendline on the hourly chart above. That level comes in at the 1.3222 level currently. The next would be the 38.2% of the move down from the ...DailyMarkets.com
Forex Trading: EURUSD Moves Toward 38.2% Retracement ...
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EURUSD stays below a falling trend line
Written by ForexCycle.com EURUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.5140, and the fall...
Why dollar carry trade faces hidden dangers
Most investors agree that it is out there. What is less clear is how big it is, or how worried investors should be about it. The “it” in question is the dollar carry trade. This is an investment strategy that has recently been extremely profitable and as a result has become increasingly...
Friday’s conventional wisdom on Wednesday
Normally we try and give you a heads up on what the market will be talking about tomorrow, so you can get ahead of the curve. We had a two day lead on this...
FOREX VIDEO - Pre London Outlook September 3rd 2009
Hi everyone, for this presentation I continue to build on the Euro Pound analysis that we have been concentrating on this week. I use this information to help me build a Euro USD trade plan for today. It’s an interesting video in that we have to contend with changes in direction across multiple...
You cannot escape from reality, Germany!
When EU finance ministers meet next Tuesday to discuss the rise of the Euro it will be interesting to see how the “potential bombshell in the background” will be treated if touched at all. The ongoing dispute between US and European regulators over the Basle II implementation and...