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Euro to Dollar Trend 21 Oct 2009

Having confidently predicted that the euro vs dollar would break 1.50 sometime yesterday we were instead treated to yet a further day of dithering and indecision.  Fortunately for me the 1.50 break happened earlier today as we now wait for the pair to tackle the...

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Euro to Dollar Trend 20 Oct 2009

The euro vs dollar continues to struggle to breach the 1.50 price level, but my feeling is that this will almost certainly be achieved today, and once this has occurred, we should see the currency pair surge higher and on towards our initial targat of...

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Euro to Dollar Trend 19 Oct 2009

An interesting end to the week for the euro vs dollar which began on Thursday with a potential ‘hanging man’ candle, which was partially confirmed on Friday with narrow spread down candle, which ended the week and day with a shadow to the lower body....

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Euro to Dollar Trend 14 Oct 2009

Whilst the euro vs dollar finally managed to breach the 1.48 price handle in yesterday’s trading session, the move higher was far from convincing with the candle ending the session as a narrow spread up bar but with a shadows to the top and bottom.  ...

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Euro to Dollar Trend 13 Oct 2009

Once again the euro vs dollar struggled to breach the 1.48 price handle which seems to be creating a degree of resistance to the bullish trend as the markets failed to take advantage of the lack of flow and fundamental news owing to the closure...

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Euro vs Dollar – Daily Chart 10th October 2009

Friday’s price action on the euro vs dollar once again confirmed the bullish sentiment that remains firmly in place for the currency pair as we approach the key technical level at the 1.48 price handle.  Friday’s trading ended the session with a narrow spread down...

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