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Euro vs dollar analysis and forecast

The euro vs dollar is now at an interesting point on both the daily and weekly charts with the pair having traded lower over the last three days, testing the psychological 1.3000 level, which has now been breached in this mornings forex trading session. The...

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Euro vs Dollar 29 May 2012

With today’s failure to base at 1.25 the eurodollar is now poised to re-test the 1.18-1.20 price zone last seen in July 2010. The  recent downward slide in the euro against the dollar has, of course, been expected for some time and attributed to the...

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Euro vs Dollar Update 18 Jan 2010

It’s tough being a euro bear at the moment as the markets continue to ignore eurozone debt problems as the single currency retraces to challenge the key USD1.3450 price handle.  Today’s trading pattern has been typical since late November with today’s price action the pair’s...

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Euro vs Dollar 22 Nov 2010

Thin markets & the closure of trading books for the end of the year are likely to lead some volatile and unpredictable trading patterns over the next few weeks, all of which is not helped by the current uncertainty surrounding the euro.  Whilst fears have...

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Euro vs Dollar 4 Oct 2010

The euro vs dollar continued firmly higher last week on the weekly chart ending as a wide spread up candle making it the third consecutive week of gains for the pair as we begin to approach the US1.4 price handle once again, last seen in...

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Euro vs Dollar 19 July 2010

Last week’s strong performance and spike higher forf the euro vs dollar was clearly evidenced on the weekly forex chart ending as a wide spread up candle which saw the euro vs dollar briefly breach the USD1.30 level before closing marginally below.  Given this strong...

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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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