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Euro In Long Wedge, Pound in Shorts, Yen Rebounding
ForexPros Daily Analysis August 26, 2011
Euro In Long Wedge, Pound in Shorts, Yen Rebounding
Be careful trading overnight ahead of Bernanke’s speech at Jackson Hole Wyoming. Last year the same event sent the markets into a tailspin. So. Have your stops in. Remember that news events don’t...
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Euro in Wedge. Pound in Longs. Yen Edging Lower
ForexPros Daily Analysis August 23, 2011
Euro in Wedge. Pound in Longs. Yen Edging Lower
Euro:
On the daily, the euro is between its short at 1.4388, with a target at 1.4334 and a long at 1.4288, with a target at 1.4629. Looking at the chart, the euro looks like to be in a wedge. Daily pivot is at...
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Euro, Pound in Longs, Hitting Resistance, Yen Hugging Lows
ForexPros Daily Analysis August 17, 2011
Euro, Pound in Longs, Hitting Resistance, Yen Hugging Lows
Euro:
On the daily, the euro is in longs but hit resistance at the short setup at 1.43877, with a target at 1.3571. The break in trend/line in the sand is at 1.45186. The euro is in a long at 1.4356,...
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Euro in Range, Pound In Next Short, Yen Flirting With Lows
ForexPros Daily Analysis August 15, 2011
Euro in Range, Pound In Next Short, Yen Flirting With Lows
Euro:
On the daily looks to be in a range between 1.44 and 1.405-1.4125. It has just broken the short it was in, going through the 61.8% line at 1.4294. We can expect it to go to the stop of the range....
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Euro In Wedge, Pound Broke Range, Yen Near Lows
ForexPros Daily Analysis August 10, 2011
Euro In Wedge, Pound Broke Range, Yen Near Lows
Euro:
On the daily, the euro broke its short setups. The euro has now broken its short and it long setups on the daily. The euro is in a wedge. It has butted up against the short from the high in May to the lows...
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Euro in Short, Pound Still In Range, Yen Near All Time Lows
ForexPros Daily Analysis August 09, 2011
Euro in Short, Pound Still In Range, Yen Near All Time Lows
Euro:
On the daily, the euro continues in shorts, albeit in messy setups. Setups are technically being broken, so its best to trade only larger timeframes to avoid getting chopped up. On the 15 min...
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Euro Battles For Trend, Pound Ranging, Yen Intervention?
ForexPros Daily Analysis August 04, 2011
Euro Battles For Trend, Pound Ranging, Yen Intervention?
Euro:
On the daily, the euro is between a long setup from 1.4187 with a target at 1.47 (line in the sand is 1.4385) and a short at 1.4338, with a target at 1.4047 (line in the sand at 1.4104). The battle...
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