Home » Posts tagged "forex blog" (Page 3)

Euro vs Dollar 20 Sep 2010

A seminal week for the euro vs dollar from both a fundamental and technical perspective and indeed we could be witnessing the start of a significant change in sentiment for the euro dollar as a result.  Technically Friday’s candle has given us the first sign...

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Euro vs Dollar breaks above 1.3000

An interesting day of trading for the euro vs dollar, which finally saw the pair break above the psychological 1.3000 price point, finally breaching the 40 day moving average as a result. This was against the backdrop of shocking fundamental news from Europe and good...

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Euro vs Dollar 14 Sep 2010

The euro vs dollar attempted to rally once again yesterday and as on previous occasions where this has occurred, ran into the formidable, technical barrier which is the 40 day moving average, and which brought a halt to this move.  In this morning’s London trading...

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Euro vs Dollar 13 Sep 2010

With a total lack of forex fundamental news the euro vs dollar has been reacting to the BASEL III agreement and the weekend’s Chinese economic data which has resulted in a strengthening of the Renminbi, following some judicious arm twisting from the US.  Sunday’s gapped...

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Euro vs Dollar 7 Sep 2010

The recent short term squeeze for the euro vs dollar appears to have run out of steam earlier than expected, with the 40 day moving average proving to be the catalyst for this reversal.  Friday’s close signalled resistance at this level which was confirmed on...

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Euro vs Dollar 6 Sep 2010

Friday’s non farm payroll data which came in slightly better than expected provided a boost for the euro vs dollar on Friday, much as forecast in our market commentary.  The resultant candle marginally breached the 40 day moving average as a result but with no...

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Euro vs Dollar 2 Sep 2010

A quiet day for the euro vs dollar as the markets now wait for tomorrow’s non farm payroll data which will, no doubt, result in the usual frenetic activity for a few hours as the forex markets absorb yet another piece of fundamental news which...

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Euro vs Dollar 1 Sep 2010

The euro vs dollar continues to trade in a very narrow range with both last week’s trading and this week establishing a floor in the USD1.2600 price area. Until today price action to the upside had been firmly capped by the 14 day moving average,...

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Euro vs Dollar 24 Aug 2010

Yesterday’s narrow spread down candle on the euro vs dollar chart added further weight to an already bearish picture which is now beginning to gather itself for a substantially move as part of the resumption of the longer term downwards trend.  Today’s narrow spread up...

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Euro vs Dollar 23 Aug 2010

A seminal day on Friday for the euro vs dollar which finally broke out of its sideways trading range moving sharply lower and ending as a relatively wide spread down candle finally taking out the 40 day moving average.  Following 6 days of flirtation with...

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