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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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Daily analysis for the euro dollar

The EUR/USD continued is recent bullish tone on Friday, closing the trading session at 1.2572 ahead of the three day weekend, with the US markets closed Monday for the Labor day holiday. The move higher on Friday was largely as a result of the statement...

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Euro vs Dollar 24 Mar 2011

This morning’s price action on the euro vs dollar threw me slightly as the pair continued yesterday’s move lower which was most likely triggered by the political problems in Portugal.  Today’s move lower has been seen as a further buying opportunity for euro longs as...

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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 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 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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Euro to Dollar Analysis 18 Nov 2010

The euro to dollar finally found some traction yesterday in the USD1.3460 region following Tuesday’s doji candle which hinted at a possible pause and bounce higher for the pair.  It was therefore no surprise to see the euro to dollar rise in today’s trading session...

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