From the category archives:

Forex Signals

EUR/USD Fallen Back From Resistance

August 7, 2009

The Euro met resistance above the $1.44 level against the Dollar in early trade yesterday, but the single currency was unable to make any fresh headway and buying interest was slightly weaker. The German factory orders data was sharply stronger than expected with a further 4.5% increase for June, maintaining optimism that a recovery in [...]

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08/06/2009 Signal

August 6, 2009

After the long up run we saw for EUR/USD and GBP/USD pairs we should think that the EU and England is out of recession as their currency and economic data become stronger in past weeks. Today was a big day a big balck candle appeard on the GBP/USD hourly chart which can indicate reversal. Sell [...]

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08/05/2009 Signal

August 5, 2009

EUR/USD intraday: continuation of the rebound. Pivot: 1.4365 Buy at 1.4365 with targets 1.445. The RSI is well directed, the pair has rebounded on its support and is challenging its next resistance.

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08/04/2009 Signal

August 4, 2009

Buy EUR/USD above 1.432 with targets 1.445 and 1.4525 if resistance breaks at 1.450. Buy GBP/USD above 1.688 with target 1.7030.

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