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Euro to Dollar Trend 4 Nov 2009

The euro vs dollar remains a tricky pair to analyse at present, and yesterday was yet another day when the market could be called either way, with the trading session ending with a narrow spread down candle, but one with a deep lower wick, suggestive...

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Euro to Dollar Trend 3 Nov 2009

With the US Dollar at a crossroads ahead of policy meetings it was another interesting day for the euro vs dollar currency pair, which initially threatened to recover all the lost ground of Friday, only to fall back exhausted in later trading, as it ended...

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Euro Dollar Trend – 2 Nov 2009

Technically a tricky end to the week for the euro vs dollar, which is now perched precariously on the 40 day moving average following Friday’s wide spread down candle which reversed all the gains of Thursday, with the closing price finishing marginally below the average...

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Euro Dollar Trend 30 Oct 2009

The euro dollar bulls were out in force yesterday, with the 40 day moving average once again providing the trigger for a strong bounce higher ( as suggested in yesterday’s market commentary for the euro vs dollar) with the trading session ending with a wide...

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Euro Dollar Trend 29 Oct 2009

The slide in the euro vs dollar continued once again yesterday, with the currency pair ending the trading session with a wide spread down candle, but one which ended on a positive note, as the close of the session found some good support from the...

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Euro to Dollar Trend 28 Oct 2009

Yesterday’s candle for the euro vs dollar ended the trading session marginally lower, but with a deep upper wick and small lower wick, suggesting that bearish sentiment of Monday may have already been absorbed by the market which failed to follow through on the wide...

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Euro to Dollar Trend 27 Oct 2009

The USD1.50 price level is proving to be a tricky obstacle for the euro vs dollar, with yesterday’s sharp sell off in the afternoon, reinforcing this point once again, with the currency pair ending the trading session with a wide spread down candle, which breached...

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Euro to Dollar Trend 26 Oct 2009

The euro vs dollar ended the trading week marginally above the 1.50 price level, a region it is finding increasingly difficult to breach, and with Friday’s spinning top candle, symptomatic of the last few days, with the currency pair edging ever higher but with no...

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Euro to Dollar Trend 23 Oct 2009

Another positive day for the euro vs dollar as we climb ever higher, with yesterday’s candle closing the trading session in a strongly bullish mood, with the deep lower wick finding strong support from the 9 day moving average which is always a very positive...

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Euro to Dollar Trend 22 Oct 2009

The euro vs dollar continued its upwards path much as expected yesterday, ending the trading session as a wide spread up candle which closed marginally below our initial target of 1.50, and with small shadows to both top and bottom of the candle. The strength...

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