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Currency Trading Commentary: Euro Woe Continues

May 9, 2012 By admin Leave a Comment
Currency Trading Commentary: Euro Woe Continues

The bias for the EURUSD is bearish.   The shorter-term EMAs have crossed lower and are diverging, and the price action has extended away from the longer-term EMA filter, which is negative.   The price action is also on the verge of breaking down below a key horizontal level which, if breached, could induce further [...]

Filed Under: AUD CAD Chart, AUD USD Chart, Australian Dollar AUD, CHF JPY Chart, EUR AUD Chart, EUR CHF Chart, EUR GBP Chart, EUR JPY Chart, EUR USD Chart, FOREX Strategies, FOREX Systems, FX Training, GBP CHF Chart, GBP USD Chart, NZD CHF Chart, NZD EUR Chart, NZD USD Chart, Trade Currency Pairs, Trade FX Australia, USD CAD Chart, USD CHF Chart, USD JPY Chart

USDCAD Currency Pair News July 21

July 21, 2011 By admin Leave a Comment
FX chart july 21

The USDCAD has come under renewed selling pressure since topping out at 0.9900 in late-June. The price action has retreated significantly and all three moving averages have turned lower. The pair is now approaching a support region around 0.9450. A break below this support level could open a path to the all-time lows, around 0.9000. [...]

Filed Under: Trade Currency Pairs, Trade FX Australia, USD CAD Chart Tagged With: , , , , , , , , , , , , , ,
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