EUR/USD slips back

Source: www.forexlive.com

EUR/USD is nearly back to where it started out the day in Europe, presently at 1.4110, the earlier rally having topped out at 1.4139, aforementioned sell orders at 1.4140/60 having proved a durable barrier to accelerated upside. Next up in about 10 minutes German and euro zone ZEW economic sentiment readings, expected +45 and +43 respectively.


Read more...

  • EUR/USD Short Term Trading Idea - Technical Analysis

    EUR/USD has created one of our favored chart patterns. In the below 30 minute timeframe chart, EUR/USD has created a false break out (See...

  • 5 % per month for forex managed accounts is good or bad? - Forex ...

    Hi. Tell me please: 5 % per month for forex managed accounts is good or bad? Forex Forum | Forex Trading Forums -...

  • Tuesday 2/28 Insider Buying Report: CHH, LL

    As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money....

  • 99.00 to prove magnetic in USD/JPY

    There were said to be some big option barriers at this level last week and I’m not sure whether they are still active or not but I am hearing of large stops above 99.00. Not much in the way of decent support in USD/JPY until around 97.40. There are not a lot of reasons to be long JPY in the...

  • Good News for Hedge Funds in May

    Finally, hedge funds had a good month! According to Eurekahedge reports, May is the “best month in nine years.”  The Singapore-based data provider’s Eurekahedge showed that Hedge Fund Index rose 5.2% last month, based on preliminary figures, its best since February of 2000. The index is now...