The recent short term bearish sentiment for the euro has come as no great surprise to Hawkeye forex traders, as the daily Fatman gave a clear signal last week that the euro was over bought against many of the majors, with the euro weakening this...
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Analysis and forecast for euro vs dollar – MT4 chart
The euro vs dollar on the daily chart looks set to end the week just below the psychological 1.3000 level, following this week’s pause in the bullish trend for the pair. Indeed the short term pullback came as no surprise, as Hawkeye delivered an isolated...
Euro vs dollar set to move higher
The euro vs dollar closed firmly higher on Friday, ending the forex trading session with a wide spread up bar, supported by strong buying volume, and closing at 1.3129, having broken above the psychological 1.3000 level earlier in the day. This bullish trend in the...
Euro vs Dollar 5 Jan 2011
December 2010 for the euro vs dollar followed a pattern we have seen for the past 3 years, namely a reversal of trend, high volatility and complete unpredictability with the pair bouncing around the USD1.31 price level and protected by the 200 day moving average....
Euro vs Dollar 17 Dec 2010
An interesting week for the euro vs dollar which started the week in bullish mood, surging to USD1.34 on Monday and breaking higher again on Tuesday, only to close with a warning signal of shooting star candle which has been duly validated in the second...
Euro vs Dollar 1 Dec 2010
The euro continued its bearish slide lower yesterday ending the forex trading session as a wide spread down bar making it 7 sessions in a row, and, more importantly, breaking below the critical 200 day moving average which sits at USD1.3121. The euro was given...
Euro vs Dollar 29 Nov 2010
The bearish sentiment from last week towards the euro vs dollar has continued in today’s trading session with the pair pushing lower once again and now testing a potential key level of support at the 200 day moving average which currently sits at USD1.3126. Indeed...
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...
Euro to Dollar Analysis 18 Nov 2010
The euro to dollar finally found some traction yesterday in the USD1.3460 region following Tuesday’s doji candle which hinted at a possible pause and bounce higher for the pair. It was therefore no surprise to see the euro to dollar rise in today’s trading session...
Euro vs Dollar Weekly Chart Analysis 10 Nov 2010
Given the euro vs dollar’s hapless start to the week I thought it would be useful at the mid point of trading so far to take a look at the weekly chart to judge the medium term picture and to try to put into context...
