NY Opening Forex Commentary:EURO diverges from the rest

October 13, 2010 by · Leave a Comment 

UK Consumer Confidence

October 12, 2010 by · Leave a Comment 

Consumer Confidence in the UK slumped to an 18-month low at 53 versus the estimate of 59 and the prior reading of 61. The Pound declined on this news reaching April lows against the Euro. On the EUR/GBP chart we see the pair is fast approaching a resistance trendline that has contained the pair since 2008. Now trading above the 100 week and with the stochastic oscillator signaling overbought, opportunities might arise closer to the ~.8925 level if it is approached this week.

eurgbp

EURGBP sitting on the 100 horu MA at the 0.8643. Eyeing level tonight

October 4, 2010 by · Leave a Comment 

fxdd-pic-1103

GBPUSD being pushed higher by EURGBP selling today

October 4, 2010 by · Leave a Comment 

GBPUSD and EURGBP linked closely today. Be aware

September 22, 2010 by · Leave a Comment 

GBPUSD tests 100 hour MA. Influenced by EURGBP

September 6, 2010 by · Leave a Comment 

EURGBP tests key borderline 100 day MA at 0.8381

September 6, 2010 by · Leave a Comment 

Forex QUICK: EURGBP, GBPUSD following the same path today

June 2, 2010 by · Leave a Comment 

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