• ZIFX.com EUR/USD At Two Month Low With Unfinished Greek Deal

    On Monday Euro/Dollar continued decreasing insignificantly with 40 pips. The European currency depreciated from 1.2739 to 1.2697 yesterday, matching the negative money flow sentiment at around -21%, closing the day at 1.2708. This morning the Euro weakened further, dropping down to 1.2672.
  • EUR/USD Technical Analysis 14 January 2011 Trading Idea

    On Thursday the Euro/Dollar continued increasing significantly with nearly 300 pips. The European currency appreciated from 1.3088 to 1.3383 yesterday, matching the positive Interbank sentiment projection at over +4%, closing the day at 1.3362. This morning trading is tranquil and without clear direction for the time being. On the 1 hour chart new upward channel has formed, while on the 3 hour chart the downward channel was broken upwards. Break above the nearest resistance and yesterday's to...
  • EUR/USD Technical Analysis 12 May 2010

    The Euro continued sliding insignificantly downwards on Tuesday. Euro/Dollar decreased from 1.2796 to 1.2615 yesterday, in converse with the Interbank sentiment projection, at nearly +13%, closing the day at 1.2660. On the 1 hour chart the downward channel is trying to regain shape. Break above the nearest resistance and yesterday's top at 1.2796 may trigger further recovery of the Euro. Going bellow today's bottom and first support at 1.2606, however, should confirm continuation of the bearish ...