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Forex Trading: Euros reaching some resistance creating what looks to be like a triangle pattern...

Posted by Michael FX on Thu, 05/15/2008 - 4:45am in

Euros reaching some resistance creating what looks to be like a triangle pattern.

 

Forex Trading: Euros getting paid from their lows...

Posted by Michael FX on Tue, 05/06/2008 - 5:56am in

Euros getting paid from their lows on an hourly.

Forex Trading: Euro recovering a little after Friday's sharp sell off...

Posted by Michael FX on Mon, 05/05/2008 - 3:46am in

Euro recovering a little after Friday's sharp sell off:

Forex Trading: Euros near their London session lows...

Posted by Michael FX on Thu, 05/01/2008 - 5:17am in

Euros near their London session lows, let's see what NY thinks of these levels as they will be coming in shortly.

Forex Trading: Euro calling "May Day, May Day" as it sinks lower and lower...

Posted by Michael FX on Thu, 05/01/2008 - 3:56am in

On what is known as "May Day", the Euro is calling "May Day, May Day" as it sinks lower and lower.

Forex Trading: Euro continuing to tumble as London doesn't like EUR/USD...

Posted by Michael FX on Thu, 05/01/2008 - 3:43am in

Euro continuing to tumble as London doesn't like EUR/USD.

Forex Trading: Euros getting offered from its trendline resistance...

Posted by Michael FX on Thu, 05/01/2008 - 3:25am in

Euros getting offered from its trendline resistance.

Forex Trading: EUR relatively contained on an hourly...

Posted by Michael FX on Thu, 05/01/2008 - 3:06am in

EUR relatively contained on an hourly with Europe on holiday.

Forex Trading News: 5:00 AM EUR Data Released

Posted by Mr. Danish FX on Wed, 04/30/2008 - 5:04am in

The CPI Flash Estimate comes out at 3.3% from the previous 3.5%.  This was forecast at .4%.

Consumer Confidence comes out at -12 from the previous -12.  -13 was forecast.

The EUROZONE unemployment rate comes out at 7.1% from the previous 7.1%.  No change was forecast.

Not too much movement initially after all of this data as all numbers are pretty close to what was expected.  However with all of this data out at once, there can be some significant moves after the data gets digested by traders. 

The EURUSD did fall to session lows however.

Forex Trading: Euro getting crushed...

Posted by Michael FX on Wed, 04/30/2008 - 4:47am in

Euro getting crushed as USD is stronger across the board.