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Euro vs Dollar 15 Oct 2010

The technical picture for the euro vs dollar remains firmly bullish as continued and systemic from the US currency propels the euro higher, rather than from any positive eurozone news or sentiment.  Indeed this is a feature that we are likely to see over the...

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Euro vs Dollar 13 Oct 2010

The daily chart for the euro vs dollar gave us a strong bullish signal yesterday ending the forex trading session as a narrow spread up candle but one with a deep lower shadow which confirmed once again the bullish sentiment for the euro vs dollar...

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Euro vs Dollar 11 Oct 2010

The euro vs dollar paused for breath on Friday following the non farm payroll release, trading in a relatively narrow range and ending as a doji cross candle following Thursday’s shooting star candle as the pair hovered below the psychological USD1.4000 price handle.  Friday’s non...

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Euro vs Dollar 4 Oct 2010

The euro vs dollar continued firmly higher last week on the weekly chart ending as a wide spread up candle making it the third consecutive week of gains for the pair as we begin to approach the US1.4 price handle once again, last seen in...

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Euro vs Dollar 30 Sep 2010

The euro vs dollar continued to push higher once again yesterday ending the forex trading session as a narrow spread up candle as the pair approached the key resistance area at USD1.3679.  This upwards momentum for the euro has been assisted both from a technical...

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Euro vs Dollar 29 Sep 2010

The euro vs dollar surged higher yesterday on the daily chart ending as a wide spread up candle which just failed to breach the USD1.36 price handle on the day. This upwards momentum for the euro vs dollar is being helped both technically and fundamentally...

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Euro vs Dollar 28 Sep 2010

The euro vs dollar has continued in much the same vein as last week, moving higher once again adding further momentum to the current bullish trend as it trades at time of writing USD1.3543.  This break higher was initiated on last Tuesday with the wide...

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Euro vs Dollar 27 Sep 2010

The euro vs dollar continued its recent upwards bullish momentum on Friday ending the forex trading week as a wide spread up candle which pushed the pair deep into the price consolidation between USD1.3250 to the downside and USD1.3750 to the upside and, as such,...

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Euro vs Dollar 23 Sep 2010

Following yesterday’s strong breakout by the euro vs dollar it is hardly surprising that today’s has seen a minor pause and pullback which was given a further nudge by the fundamental news from the eurozone which saw both German and French manufacturing PMI and services...

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Euro vs Dollar 22 Sep 2010

Last night’s FOMC statement in which a further bout of QE2 (quantitative easing) was hinted at, helped to propel the euro vs dollar through the 200 day moving average and also the minor resistance at USD1.3228 to close the forex trading session at USD1.3269 with...

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