The pair EUR/USD strongly felt yesterday due to Mario Draghi's speech on the growth of Euro Zone. The director is very pessimistic. The return below 1.30 gave us a sell signal. This moring, the price has just validated the breakout of the next support at 1.2950, offering a new sell signal.
Dec 07 | Forextribe
EUR/USD Forex Trader Alert Video
By David Pegler | Dec 07 | FX Bootcamp
The pair EUR/USD made a correction during the night after its bullish rally. The price is now back on its bullish slant (brown line). At the same level, there is the support at 1.3050 and the pair try to rebound on it.
Dec 06 | Forextribe
The bullish rally continue on the currency pair EUR/USD. The pair has validated this night the breakout of 1.31, offering a new buy signal. The price is still moving above its medium term bullis slant (brown line).
Dec 06 | Forextribe
Bullish momentum: The EUR/USD continues the bull run since November's low at 1.2660. In the 4H chart we see a market developing bullish momentum, as the RSI reading tagged 70, held above 40 and than back to 70 again. The moving averages are almost in complete bullish alignment.
By Fan Yang | Dec 05 | FX Times
In this video I lay out a potential Euro swing trade on the short side. Good luck! David
By David Pegler | Dec 04 | FX Bootcamp
The currency pair EUR/USD has validated yeterday the breakout of 1.3050 and is currently moving between this level as support and the resistance at 1.3075. The price is still moving above its medium term bullish slant (brown lines).
Dec 04 | Forextribe
Topping: Following up with yesterday's observation of EUR/USD's consolidation, the pair failed to push above the central pivot at 1.2970, and fell slowly during the 11/27 session as well as the 11/28 Asian session. It sped up and fell below 1.29 as we gear up for earl 11/28 US session. The RSI fell below 30 showing near-term bearish momentum. After the November bull run from 1.2660 to 1.
By Fan Yang | Nov 29 | FX Times
In this presentation I continue our Euro analysis we started on Monday. I'm looking for spot longs today and swing shorts for the rest of the month. David Pegler
By David Pegler | Nov 29 | FX Bootcamp
There isn't much else to say - I'll be out at either 10450 or 10550. The EURUSD decline from last night's high composes 5 waves, which suggests at least one more drop of similar magnitude. 12890 is near term support and 12968 near term resistance. The nature of the decline (impulsive) from 13009 raises the possibility that an important top is in place.
By Jamie Saettele | Nov 28 | DailyFX
Congestion-expansion: The EUR/USD was held under 1. Price action go into a very narrow range, and was coiling during the 7/26 US session. We can say there was some congestion, after which there was a pop to the 1.30 handle, cracking it. However, there was no more steam during the 11/27 Asian session, and after getting into the European session, the EUR/USD fell back from 1.30 to 1.2935.
By Fan Yang | Nov 28 | FX Times
FOREX MARKET ALERT | Euro Unimpressed by Eurogroup Agreement on Greece
Nov 28 | FX Bootcamp