EUR/USD Long Signal At 1.2726
Tue, Jan 17, 2012Today, we had a signal to go long EUR/USD at 1.2726. The EUR/USD traded as high as 1.2806 (+80 pips) before falling back to lower levels with next support seen at 1.2694.
EUR/USD Mid-Day Outlook
Tue, Jan 17, 2012EUR/USD’s recovery from 1.2625 extends further today and further rise might be seen. But still, near term outlook will remain bearish as long as 1.2878 resistance holds. Below 1.2624 will extend current fall to 100% projection of 1.4939 to 1.3145 from 1.4246 at 1.2452 next. However, above 1.2878 will indicate Action Insight (All Technical) forex [...]
FX: S&P Downgrades EFSF, 3 Hotspots to Watch
Tue, Jan 17, 2012With U.S markets closed for Martin Luther King Jr. Day, we have had a slow start to a busy trading week. No major economic data was released this morning and risk appetite Commentary from Kathy Lien & Boris Schlossberg, Directors of Research, GFT
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