EURUSD Daily Analysis – March 10, 2014
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914.
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914.
It’s been an interesting few weeks for equity markets, with the usual crop of doom and gloom ‘experts’ emerging from the undergrowth to call the top of the market, before disappearing equally quickly, realizing that they were wrong
Option Alert Service Signal Closing Trade Suggestion
Option Alert Service Signal New Trade Suggestion
The AUD/USD pair initially fell during the session on Wednesday, but rose high enough to test the 0.90 handle again.
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer.
Turmoil in Emerging Markets hit investor confidence in January and, after a stellar February, the crisis in the Ukraine could lead to profit taking this month. Indeed, volatility spiked to a similar level and the S&P came off its all-time-high on Friday as fears started to set in.
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Option Alert Service Signal New Trade Suggestion
The EUR/USD pair rose during the session on Tuesday, but failed at the 1.38 resistance area in order to turn things back around and form a shooting star.