Tag Archives: currencies trading ideas

EURO recovery is only temporary

Posted on October 9, 2008 by Ramki

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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EURO remains vulnerable

Posted on October 6, 2008 by Ramki

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

Posted on October 6, 2008 by Ramki

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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