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Euro vs Dollar 30 July 2010

The euro vs dollar continued to exhibit further bullish momentum yesterday albeit in a muted way, probing the USD1.3107 level before falling back and closing marginally lower at USD1.3076.  This morning’s price action again has been muted and a continuation of the minor pullback but...

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Euro vs Dollar 29 July 2010

The euro to dollar appears to have finally breached the USD1.3000 price level with a surge higher this morning to currently trade at USD1.3084, breaking above yesterday’s high and tiny cross doji candle on the daily chart.  The 9 day moving average continues to provide...

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Euro vs Dollar 28 July 2010

The euro vs dollar continues to struggle to clear the USD1.30 price region with yesterday’s narrow spread doji clearly indicating the weakness of the market at present.  Yesterday’s high managed to touch USD1.3046 only to close below the UD1.30 level once again, and indeed in...

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Euro vs USD Forex Trading Chart 26 July 2010

With the us dollar continuing to look weak on the usd index chart, it comes as no surprise that the euro vs dollar is currently exhibiting a bullish tone as the price hovers below the USD1.30 price point once again, with Friday’s candle suggesting bullish...

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Euro vs Dollar 22 July 2010

Yesterday’s wide spread down candle provided us with a strong signal that the recent upwards rally is now beginning to run out of steam, as I outlined in my previous market commentary for the euro vs dollar.  Following three failed attempts to breach USD1.3028 the...

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Euro vs Dollar Forex Chart 20 July 2010

As for cable so for the eurodollar and it appears as though the recent rally from early June may now be coming to an end.  Both yesterday and Friday’s price action ran into resistance at the USD1.3000 level with Friday failing at USD1.3007 and Monday...

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Euro vs Dollar 19 July 2010

Last week’s strong performance and spike higher forf the euro vs dollar was clearly evidenced on the weekly forex chart ending as a wide spread up candle which saw the euro vs dollar briefly breach the USD1.30 level before closing marginally below.  Given this strong...

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Euro vs Dollar Forex Chart 16 July 2010

The rise of the eur usd continues unabated at present and seems to have consigned the bad news of recent months to the dustbin of history!  With yesterday’s wide spread up candle once again signalling bullish intent in the forex markets.  With both the 9...

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Euro vs USD Forex Chart 15 July 2010

The euro vs usd continued to claw its way higher yesterday ending the forex trading session as a small doji cross candle which ended the trading session above the USD1270 level at USD1.2722.  The currency pair remains above all three shorter term moving averages at...

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Euro vs Usd Forex Chart 13 July 2010

Like many of the other currency pairs and commodities trading at present has been consigned to narrow trading ranges with a general lack of clear direction and momentum.  The euro vs dollar is no exception and with thin trading volumes at present yesterday’s price action...

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