"EURUSD Above 1.45, But For How Long\'" On GlobalMoneyPortal

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EURUSD Above 1.45, But For How Long'

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day: “There’s always somebody who is paid too much, and taxed too little – and it’s always somebody else.” ~ Cullen Hightower Good morning. The dollar continues to deteriorate against some of its major counterparts, such as euro which is currently changing hands above $1.4500. Next interim resistance stands at 1.4580/00, followed by Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: AUDJPY, Australian Dollar, Dollar, Euro,... Read more
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Daily analysis and trading strategies 1-14-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

EURUSD Trading strategy: stand aside The euro holds recent gains ahead of today’s ECB Interest Rate decision at 12:45 GMT – expected to remain unchanged at 1%. Other important economic events today are: Retail Sales and Initial Jobless Claims in the U.S. at 13:30 GMT. Technically speaking, momentum in the daily frame is positive as higher highs into the 1.45 region are in focus since Monday’s rally – extension of negative NFP’s reaction. While the dollar is under... Read more
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Daily analysis and trading strategies 1-13-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

EURUSD Trading strategy: stand aside The euro holds recently gains above the higher half of the 1.44 zone but so far it couldn’t stabilize above the 1.4500 handle, remaining into the bearish flag range while the upper barrier at 1.4530/50 is intact. Upside is favored for now and extended gains out of current range may print fresh highs at 1.4600, 1.4700 eventually. Looking at the dollar index chart, important support is noticed into the 76-76.30 region – formed by the 50 days MA.... Read more
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Daily analysis and trading strategies 01-12-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

Quote of the day: The successful man will profit from his mistakes and try again in a different way. — Dale Carnegie EURUSD Trading strategy: small long at 1.4420, stop at 1.4370 (0.5% risk), 1st objective at 1.4470, 2nd objective at 1.4520 Still trading within the bearish flag range as the euro pulled back from yesterday’s top side. However, upside is still under pressure and a break out above 1.4520 is possible in the coming sessions, as long as euro holds recent gains above the... Read more
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Daily analysis and trading strategies 01-11-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

View Poll EURUSD Trading strategy: small long at 1.4430, stop at 1.4380 (0.5% risk), 1st objective at 1.4480, 2nd objective at 1.4530 The euro bounced off short-term support into the 1.4270 region on Friday’s NFP data release which came at -85k, a surprising negative figure since most expectations were for a neutral – slightly positive number. Euro’s Friday recovery has extended to as high as $1.4438  - above intra-day resistance formed by the 1.4400 handle, resuming the rally... Read more
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NFP printing -85k, dollar bearish sentiment increased

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

Today’s NFP data release printed -85k – a disappointing figure compared to the wide expectations of a positive (or neutral) one. Although it’s been testing the lower territory during the European trading session, the euro recovered most of yesterday’s losses which were likely influenced by a priced-in positive NFP figure. On a short-term basis, we’re still into the consolidation cycle but a breakout of the range seem favored – so keep the 1.4500 handle in... Read more
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Daily analysis and trading strategies 01-08-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

EURUSD Trading strategy: stand aside The euro currently trades into the lower territory after dropping yesterday, ahead of today’s NFP data release at 13:30 GMT which is widely expected to print a dollar positive figure, hence the current downside pressure noticed in EURUSD. Intra-day support around the 1.4300 handle is being tested and a potential breakdown may lead to extended losses against the buck all the way down to 1.4220/40 which is a notable support zone formed by... Read more
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Daily outlook and trading strategies 01-07-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

Quote of the day: Your best teacher is your last mistake. — Ralph Nader EURUSD Trading strategy: stand aside The dollar lost some ground on the FOMC minutes released yesterday, euro reaching session highs few points below the 1.4450 resistance which would encourage uptrend to resume if breached. While below the said barrier, downside pressure remains quite high although yesterday’s fast recovery initiated after spiking below the 1.4300 handle also confirms that current consolidation... Read more
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Daily analysis and trading strategies 01-06-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

EURUSD Trading strategy: stand aside Yesterday’s gains have been short lived as the intra-day break above the 1.4450 resistance has been a false one, hence not dealing with a notable break out on the daily charts – which was needed to confirm that the consolidation within the 1.43-1.4450 region has come to an end. While below the said resistance region, short-term sentiment mirrors euro’s weakness across the board and downside pressure is increasing. Monday’s gains have... Read more
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Daily analysis and trading strategies 01-05-10

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

Happy New Year! I hope you all had a great time during the holidays and I wish you all the best in 2010! EURUSD Trading strategy: long at 1.4370, stop at 1.4320 (1% risk), 1st objective at 1.4420, 2nd objective at 1.4470 The euro started this new year by recovering some losses – rallying for 200 points yesterday. On an intra-day basis, the upside remains under pressure and the 1.4450/60 resistance zone looks fragile. Short term sentiment is turning positive and I believe that a test of... Read more
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Happy Holidays

From InnerFX Forex Blog - Currency re, 2 year ago, Read 0 times. Similar articles

I will be on vacation, in the Austrian Alps, until January 4th – therefore no articles until then. I wish you all a happy year-ending and enjoyable holidays. May the New Year bring to you untold happiness, wisdom, peace and new opportunities to explore! See you in 2010! © liviu for innerfx.com, 2009. | Permalink | add to del.icio.us | submit to stumbleupon | fav with technorati | digg it | tweet it Post tags: announcements Read more
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