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Euro vs dollar analysis and forecast

The euro vs dollar is now at an interesting point on both the daily and weekly charts with the pair having traded lower over the last three days, testing the psychological 1.3000 level, which has now been breached in this mornings forex trading session. The...

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Euro vs dollar set to move higher

The euro vs dollar closed firmly higher on Friday, ending the forex trading session with a wide spread up bar, supported by strong buying volume, and closing at 1.3129, having broken above the psychological 1.3000 level earlier in the day. This bullish trend in the...

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The euro vs dollar continues in bullish tone

The EUR/USD continues to defy all the market analysts who had consigned the euro to the history books as it plumbed the lows of 1.2000, back in late July, and since then the euro shorts have been covering their longer term positions, as the currency...

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Euro vs Dollar 5 Jan 2011

December 2010 for the euro vs dollar followed a pattern we have seen for the past 3 years, namely a reversal of trend, high volatility and complete unpredictability with the pair bouncing around the USD1.31 price level and protected by the 200 day moving average....

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Euro vs Dollar 17 Dec 2010

An interesting week for the euro vs dollar which started the week in bullish mood, surging to USD1.34 on Monday and breaking higher again on Tuesday, only to close with a warning signal of shooting star candle which has been duly validated in the second...

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Euro vs Dollar 1 Dec 2010

The euro continued its bearish slide lower yesterday ending the forex trading session as a wide spread down bar making it 7 sessions in a row, and, more importantly, breaking below the critical 200 day moving average which sits at USD1.3121.  The euro was given...

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Euro vs Dollar 29 Nov 2010

The bearish sentiment from last week towards the euro vs dollar has continued in today’s trading session with the pair pushing lower once again and now testing a potential key level of support at the 200 day moving average which currently sits at USD1.3126.  Indeed...

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Euro vs Dollar 22 Nov 2010

Thin markets & the closure of trading books for the end of the year are likely to lead some volatile and unpredictable trading patterns over the next few weeks, all of which is not helped by the current uncertainty surrounding the euro.  Whilst fears have...

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