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Euro vs Dollar Forecast 7 June 2010

Friday’s widespread down candle finally signalled the breakout we have been anticipating, closing the trading session below the psychological USD1.20 price point.  Friday’s price action for the euro vs dollar cannot be underestimated and this break below the base of the pennant pattern which has...

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Euro vs Dollar Trend 1 Jan 2010

A quiet end to the trading year for the eurodollar which ended in a consolidation phase between the USD1.43 and USD1.44 price region.  However, this sideways price action also included important bearish signals with two of the last three candles closing with significant and deep...

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Euro versus Dollar Trend Update 19 Nov 2009

So where next for the US dollar, and more particularly what are the FED’s intentions for the worlds number one currency as it continues to decline against all the major currencies and shows no signs of reversing the trend of the last 9 months (see...

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