EUR/USD Price Analysis: The next major resistance is still some way off at 1.2042
EUR/USD has had an impressive run of late but on Friday it was some of the other major counterparts that outperformed against the greenback. Looking a
Read More »EUR/USD Price Analysis: 200-week MA is a stiff resistance
EUR/USD bulls need a break above the 200-week SMA. The average has been capping gains since the end of May. EUR/USD is trading near 1.1310 at press t
Read More »A technical look at the major currency pairs heading into the new trading week
What are the technical’s saying for the major currencies. The EURUSD extended the week’s trading range in the NY afternoon (taking out the low from Tuesday at 1.12402. The break…
Read More »SELL OPPORTUNITY KNOCKING IN EUR USD.
Eur Usd is trading in a small range since mid April. However some good opportunities were arisen in the meantime. But now the pair started hitting the resistance lines. Means…
Read More »IS IT TIME TO BOOK PROFITS IN EUR USD AND GBP USD ?
Congratulations to all those following this blog and earning decent profits. In previous post some good profit making opportunities were highlighted specifically in eur usd and gbp usd. Traders buying…
Read More »ARE RISK CURRENCIES ABOUT TO TURN?
Forex market was showing some signs of reversal previous week. And we started to book profits in eur usd a little bit earlier. However with the overall strength of Usd,…
Read More »