Archives by date

You are browsing the site archives by date.

EUR/USD – Euro Dollar, American Session – 25/03/08

1,5587. EUR USD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,5525. The uptrend should continue to gather momentum. The target is expected […]

USD/CAD – US Dollar Canadian Dollar, American Session – 25/03/08

1,0176. USD CAD is in a consolidation after the last bullish movement. USD CAD is in a range between 1,0130 and 1,0300. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take […]

GBP/JPY – British Pound Yen, American Session – 25/03/08

199,75. GBP JPY is in a consolidation after the last bullish movement. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 201,00. The price […]

EUR/JPY – Euro Yen, American Session – 25/03/08

155,88. EUR JPY is in a consolidation after the last bullish movement. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just bellow 156,70 resistance. The volatility decreases. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) […]

EUR/CAD – Euro Canadian Dollar, American Session – 25/03/08

1,5860. EUR CAD is in an uptrend supported by 4H exponential moving averages. EUR CAD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on […]

EUR/AUD – Euro Australian Dollar, American Session – 25/03/08

1,7064. EUR AUD is in an uptrend supported by 4H exponential moving averages. EUR AUD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,6950 / […]

US Dollar Forex Trading Strategy

Currency trading with the greenbackMuch of the strength the US dollar gained ahead of the Easter holiday is begin to sap away in forex trading on the currency market. Currency trading with the greenback should consider that the US dollar weakness is beginning to return. Reuters reports on information that could help your US dollar […]

South Korean Won Gains in Currency Trading

Asian currency up in forex tradingThe South Korean won is making solid gains in currency trading on the FX market as it advances. Risk appetite is increasing in other stock markets, and that its making equities more desirable in some cases. The Asian currency is having a turnaround in forex trading after losing to the […]

EUR/USD – Euro Dollar, European Session – 25/03/08

1,5564. EUR USD broke 1,5475 resistance. EUR USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5590. If the resistance is broken then the target will be 1,5800. […]

GBP/USD – British Pound Dollar, European Session – 25/03/08

1,9909. GBP USD is in a range between 1,9750 and 1,9930. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 1,9750 / 1,9950 range. If the resistance is broken then the target will be 2,0300. […]