Your Source for Daily FOREX Market News and Analysis
Saturday, 21 November 2009 GMT
FOREX ALERTS >>
- USD Graphic Rewind Fri, 20 Nov 2009 07:11 GMT
- Opening Comment Fri, 20 Nov 2009 06:23 GMT
- Overnight Interest Rate Update 11.19.09 Fri, 20 Nov 2009 05:12 GMT
weekly trading lesson
Article
The Trend of the Day - EUR/USD
Thursday, 17 September 2009 18:49:26 GMT
|
Previous Articles
Print
- Tuesday, 06 October 2009 08:57:14 GMT The Trend of the Day - GBP/USD
- Tuesday, 29 September 2009 11:59:09 GMT The Trend of the Day - AUD/USD
- Tuesday, 22 September 2009 08:58:39 GMT Post of the Day: Risk Reward Ratios
- Thursday, 17 September 2009 11:33:00 GMT The Trend of the Day - GBP/JPY
- Thursday, 17 September 2009 08:59:57 GMT Post of the Day: Determining a Price Target for Triangles
- Wednesday, 16 September 2009 12:10:21 GMT Trend of the Day - NZD/USD
- Tuesday, 15 September 2009 11:53:03 GMT The Trend of the Day - EUR/JPY
- Monday, 14 September 2009 09:39:08 GMT The Trend of the Day - NZD/USD
- Friday, 11 September 2009 10:13:14 GMT Trend of the Day - GBP/USD
- Friday, 11 September 2009 10:13:14 GMT Post of the Day: Identifying an Entry
- Thursday, 10 September 2009 11:25:08 GMT The Trend of the Day - EUR/USD
- Wednesday, 02 September 2009 12:25:55 GMT Trend of the Day - GBP/USD
- Wednesday, 02 September 2009 08:44:39 GMT Post of the Day: Controling Greed
- Tuesday, 01 September 2009 10:07:53 GMT Trend of the Day - CAD/JPY
- Tuesday, 01 September 2009 08:29:44 GMT Post of the Day: Hanging Man Candlestick
- Thursday, 27 August 2009 04:10:19 GMT Post of the Day: Professional Traders vs The Amateur Trader
- Wednesday, 26 August 2009 11:45:00 GMT Trend of the Day - EUR/GBP
- Wednesday, 26 August 2009 04:36:38 GMT Post of the Day: Wicked Candles
- Tuesday, 25 August 2009 04:07:15 GMT Post of the Day: Candlestick Identification
- Monday, 24 August 2009 12:20:16 GMT Trend of the Day - EUR/USD
Euro Prepares More Dollar Punishment
Thursday, the Euro took a break from crushing the dollar. According to SSI, retail traders are short the Euro by a ratio of 2.58 traders to 1.
SSI is a contrarian indicator and implies that the Euro uptrend will continue. The EUR/USD is above its 200 SMA and continues to make higher highs and higher lows. Look to get long in the 1.4669 area or at a 2 pip break above the 1.4759 area to target the 1.4826- 1.4900 area.
Resources
