Forex-Metal Daily Analysis -05/07/2012
Technical analysis for 5.07
Tag: EURUSD
EUR/USD Forecast July 5, 2012, Technical Analysis
The EUR/USD pair fell during the Wednesday session as the European traders sold off their own currency. Without the Americans there to try and reverse it, this stood through the quiet and holiday impaired US trading session.
EUR/USD Forecast July 4, 2012, Technical Analysis
The EUR/USD pair had very little to say during the Tuesday session as the world awaits the ECB meeting. In the meantime, this pair will probably grind sideways overall, suggesting that trading will be an extremely short...
EUR/USD Forecast July 3, 2012, Technical Analysis
The EUR/USD pair fell during the Monday session as traders began to pick apart the “solution” that the Europeans came up with last week. The reality is that the situation in Europe isn’t going to be solved...
EUR/USD Forecast July 2, 2012, Technical Analysis
The EUR/USD pair rose rapidly on Friday as the European Union meeting announced that the leaders had come up with a “solution” to funding Spanish banks. The ECB looks likely to cut rates this coming week, and...
EURUSD Analysis – June 30, 2012
EURUSD is facing 1.2747 resistance, a break above this level will indicate that the downward movement from 1.3486 has completed at 1.2288 already, then the following upward movement could bring price to 1.3200 area. However, as long...
Has Something Positive Come From The Brussels Meeting?
Years ago, when working as a grain analyst for Merrill Lynch in Chicago, we had a meat analyst whose trading recommendations were almost always wrong.
EUR/USD Forecast June 29, 2012, Technical Analysis
The EUR/USD pair fell during the Thursday session, but found a bid again late in the day as traders weren’t ready to take on a lot of risk in one direction or another before the EU meetings....
EUR/USD Forecast June 28, 2012, Technical Analysis
The EUR/USD pair had another slightly bearish session on Wednesday as the markets prepare for the European Union’s summit over the next 48 hours. The market is currently thinking that this will be yet another disappointment, and...
Forex-Metal Daily Analysis -27/06/2012
The negative results of the auctions on Italy’s and Spanish bonds pressured the Euro currency. Asian and European trading sessions: