Tuesday 18 January 2011

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Below the -Eur+Usd current/open trade entry...link

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3 comments:

  1. Ai19 January 2011 at 04:00

    Double top but continuation pattern.

    I am currently buying EUR.

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  2. Ai19 January 2011 at 04:25

    Are you bearish on EUR?

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  3. Cordially Yours20 January 2011 at 11:21

    Hi Ai Shiang, I guess i am in the process of changing my short term view on the USD. I have been pretty bullish for the US$ but the Euro has had some great strong price action recently. I still remain suspicious as these markets are often fickle and a further failure of 1.3500 would worry me and the Euro remain very vulnerable to fundamentals and there is bound to be plenty more bad news from the Eurozone . The USDX is still 'in play' as an uptrend and has retraced 50% so far but the Euro looks good-so far this week.I try to deal with each current move and then step back to get an overall picture.

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