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Will The Gbp/usd See 2.1000?
Posted on Tuesday Nov 06, 2007 07:47AM | Link | Post Comment
The 2.000 hurdle was a huge psychological level for the GBP/USD and now that support has been tested at 2.0800 and 2.0780 there is a rallying point for a sustained move higher through 2.000.
The current resistance level is 2.0900 and even thou...
The EUR/USD Tests 1.4500
Posted on Monday Nov 05, 2007 10:54AM | Link | Post Comment
The U.S. Dollar Index shorts remain undeterred. Friday's 76.20 low remain intact however the sideways movement on the intraday chart hardly screams "bull" so before entering an ill-fated entry based on the expectation of a Dollar ...
Trading Today's Weak Dow And The Usd/jpy
Posted on Thursday Nov 01, 2007 06:04AM | Link | Post Comment
With the FOMC decision in the books, we've finally had a chance to exhale. However the week's data is far from over. With Non-Farm Payrolls tomorrow there is no break for traders.
But that's not all that is affecting the markets.&n...
Inside Day On The U.S. Dollar
Posted on Wednesday Oct 24, 2007 04:03PM | Link | Post Comment
The dollar's wide ranging day on October 22nd has created support at 77.09 and resistance at 78.20. The past two days have been trading within the range creating an inside day.
This also is setting up as the October 31st FOMC meeting is loo...
Fibonacci Levels And The U.s. Dolalr Sell Off
Posted on Tuesday Oct 23, 2007 06:45AM | Link | Post Comment
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- Wil The Gbp/usd See 2.1000?
- The EUR/USD Tests 1.4500
- Trading Today's Weak Dow And The Usd/jpy
- Inside Day On The U.S. Dollar
- Fibonacci Levels And The U.s. Dolalr Sell Off
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