The EURUSD is still on top fo the channel it broke out of on the daily chart. It was in that trading channel for months.
Articles tagged with: EURUSD
Written By: admin on April 12, 2010
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The EURUSD has been in a tight channel. Although it appears to be a 100 pip channel 90% of price action is contained in 20 pip ranges making it difficult to get a good trade setup. If price action does not change through the Asian and into the London market we will look at it [...]
Written By: admin on April 6, 2010
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The EURUSD has finally broken out of the consolidation that it has been in for the last 24 hours. We have also broken a 4 hour trendline and price has stalled a bit. The indicators are suggesting that we could pull back up and retest the backside of the trendline. The GBPUSD has also broken [...]
Written By: admin on April 6, 2010
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Tomorrow is the USA Non-Farm Payroll and we expect the usual tight price action but there are two trade setups on the EURJPY, USDJPY, GBPUSD. The EURUSD has limited trade potential for the upcoming sessions. Remember there is a G20 meeting this weekend and Monday there are bank holidays for the CAD and USA. Please [...]
Written By: admin on April 5, 2010
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www.forexactivetrader.com live forex training and live forex trading
Written By: admin on April 5, 2010
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The EURUSD , the GBPUSD, the USDJPY and the GBPJPY all have some very simple clean and nice trade setups developing. Please take a few minutes to watch the video for more details on the trades we are watching and waiting for.
Written By: admin on April 3, 2010
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The EURUSD has had some nasty price movement over the last day. There are a couple of good trendlines that we can use for trading but they are not all that easy to see at first glance. However, there are some clear buy and sell areas for the upcoming London and New York sessions. Please [...]
Written By: admin on April 2, 2010
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The EURUSD and the USDCHF are in some tight choppy ranges. There are not many opportunities as this video was made but there are a couple of buy and sell setups on each pair, just trade them with a smaller position. The GBPUSD is still back up above the daily trendline that it broke last [...]
Written By: admin on April 1, 2010
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There are some nice buy and sell setups that are setting up on the EURUSD and the GBPUSD
Written By: admin on March 30, 2010
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The EURUSD and the GBPUSD are both still on top of the daily trendlines . The EURUSD broke above the trendline that was the upper level of the inclining channel it was in for months, it is important that it continue on up or we could see a retracement back into the channel. The GBPUSD [...]