Category Archives: Forex

EURO recovery is only temporary

We have had a fairly straight forward decline in the EUR/USD from 1.4565 area. All corrections till recently have been quick and relatively simple in structure. This means the time is ripe for a complex correction. The euro has been … Continue reading

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EURO recovery is only temporary

We have had a fairly straight forward decline in the EUR/USD from 1.4565 area. All corrections till recently have been quick and relatively simple in structure. This means the time is ripe for a complex correction. The euro has been doing … Continue reading

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Sterling has more room on downside

The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove. The market is really nervous about which other big institution is sitting there with a load of worthless assets. ( As … Continue reading

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Sterling has more room on downside

The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove. Continue reading

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EURO remains vulnerable

Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met. Until we get there, it will be easier and more profitable to trade from the short side. When we reach … Continue reading

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EURO remains vulnerable

Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met. Until we get there, it will be easier and more profitable to trade from the short side. When we reach … Continue reading

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USD/YEN getting ready for another sell-off

Think the USD/YEN is toppy between here 103.65 and 103.90 and should come off to 102.45 later on.

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