Yesterday’s wide spread down bar added momentum to the bearish tone in the euro vs dollar pair in two distinct ways. First the move was accompanied by a falling window on the daily chart, often referred to by Western chartists as a gap down but...
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Euro vs Dollar Forex News for 20th April 2009
Friday’s wide spread down bar added momentum to the bearish sentiment in the euro vs dollar and closed the day and the week below the 40 day moving average, adding both significance and weight to the candle. With all three moving averages now pointing lower,...
Currency Trading – Euro vs Dollar 17th April 2009
Following yesterday’s trading suggestions you should now be holding some profitable short positions as the euro vs dollar pair continued its bearish momentum in this morning’s early trading, and I would therefore suggest that you move your stop losses to lock in profits accordingly. Yesterday’s...
Euro vs US Dollar – Currency Chart 16th April 2009
Yesterday’s candle added to the bearish direction for the euro vs dollar currency pair ending the day on a downbar and with shadows both to the top and the bottom of the body, with the upper shadow just penetrating the 9 and 14 day moving...
Forex Strategy – Euro vs Dollar 15th April 2009
With the huge amount of fundamental news on the economic calendar today, most of which is in the US this afternoon, we could see a relatively narrow trading range this morning until the data begins to flow. I have covered all the currency market news...
Eur Usd Technical Analysis 14th April 2009
With most of Europe closed both last Friday and yesterday for the Easter break trading volumes have been very thin and partially responsible for the euro vs dollar of the last two days, with Monday’s wide spread up bar being particularly unexpected and out of...
