Posts Tagged ‘Daily’
Quote of the day: If all economists were laid end to end, they would not reach a conclusion. – George Bernard
EURUSD
Trading strategy: standing aside
The euro managed to reach 1.2900 on Friday’s NFP release which came at -54k. Although 1.2900 currently caps the upside, the euro is set to strengthen – …
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What’s on the Economic Horizon
Slow Price Movement On Labor Day Holiday?
UK Retail Sales Monitor on Tap
Australia’s Job Advertisements Up by 2.6%
United States
Did you catch the Greenback’s moves last Friday? As soon as the NFP report was released, Mr. Greenback hit the floor and started groovin’ to Flo Rida’s “Low.” Next thing you know, EURUSD was [...]
Quote of the day: A deception that elevates us is dearer than a host of low truths. — Marina Tsvetaeva
EURUSD
Trading strategy: small long at 1.2740, stop at 1.2680 (0.5% risk), objective at 1.2900
The euro recovered some losses, breaking above the 1.2750 resistance region, following the risk pairs which rallied yesterday. …
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EURUSD
Trading strategy: small long at 1.2780, stop at 1.2720(0.5% risk), 1st objective at 1.2830, 2nd objective at 1.2900
The euro is relatively quiet since yesterday, trading in a narrow range of 70 points, but holding gains above 1.2800. Upside is slightly favored and a pullback may provide a buying opportunity if …
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What’s on the Economic Horizon
Traders Sit on the Sidelines Ahead the NFP
Euro zone’s Retail Sales to Rise 0.3%
UK’s Halifax HPI on Deck
United States
The dollar was unable to find clear direction in the charts yesterday as it traded mixed against other major currencies. While it posted gains over the Loonie and the pound, the dollar lost [...]
What’s on the Economic Horizon
US Initial Jobless Claims to Climb by 2,000
ECB Widely Expected to Keep Rates at 1.00%
UK’s Nationwide HPI on Deck
United States
Will you look at that! The dollar finally decided to get with the program and responded like any other currency would to bad data. While it fared relatively well against the franc [...]
EURUSD
Trading strategy: standing aside
Range-bound trading continues as the upside was capped by 1.2740 yesterday but support around 1.2650 was also stable. Recent euro’s losses against the Swiss franc and the yen are contributing to its weakness against the dollar, too – and current EURCHF and EURJPY studies don’t look too …
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What’s on the Economic Horizon
ADP Employment Change Seen at +20,000
German Retail Sales on Deck
UK Manufacturing PMI to Have Dipped Slightly in August
United States
Yeouch! The dollar got a small boo-boo when it slipped against most of its major counterparts yesterday. EURUSD fell to a 1.2672 close after reaching an intraday high of 1.2744. Meanwhile, USDJPY capped [...]
Title:
EUR/USD – Possible Up Trend
Story:
Trend is sideways in EUR/USD currency pair. EUR/USD is trying to print a possible short term bottom and as long as price stays above 1.2587, we could get a sharp rally towards 1.2793 in EUR/USD currency pair.
Read Full Elliott Wave Forecast – Click Here……
EURUSD
Trading strategy: small short at 1.2720, stop at 1.2780(0.5% risk), objective at 1.2620
Support at 1.2650 is again under pressure as the euro failed to maintain its course, erasing most of last week’s gains. Next downside barrier comes below 1.2650 at 1.2590/05 which is also the 50% retracement of 1.1875-1.3335. Short-term …
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