EURUSD Forecast March 10, 2016, Technical Analysis
The EURUSD pair broke higher after initially dropping during the session on Wednesday, as we prepare for the ECB interest rate announcement and of course monetary policy statement.
ECB
EURUSD Forecast February 16, 2016, Technical Analysis
The EURUSD pair fell significantly during the course of the session on Monday, in reaction to Mario Draghi suggesting that the European Central Bank could very well work against the value of the Euro as there are a lot of concerns with the marketplace now.
EURUSD Forecast January 21, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the day on Wednesday, but found enough buying pressure underneath to turn things back around and form a bit of a hammer.
EURUSD Forecast December 4, 2015, Technical Analysis
The EURUSD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle.
EURUSD Forecast October 27, 2015, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, bouncing off of the trend line most importantly.
EURUSD Long-Term Selloff Oct 23, 2015
EURUSD had been trading inside an ascending triangle chart pattern since the start of the year, as price formed higher lows and found resistance near the 1.1500 major psychological level.
EURUSD Long-Term Triangle – Oct 21, 2015
EURUSD has been trending higher on its short-term time frames but a look at the daily chart reveals that the pair is still consolidating inside an ascending triangle pattern.
EURGBP Rectangle Pattern Sept 14, 2015
EURGBP is still moving sideways on its 1-hour forex chart, bouncing off support at the .7260 area and finding resistance at .7360. Price is on its way up to test the top of the range once more while stochastic is moving down from the overbought zone, suggesting that the resistance might hold.
Greek Proposal Rejected
Greek proposal rejected by Europe.
The Good – The Bad and The Bond Vigilantes
I am not sure who coined the phrase Bond Vigilante, maybe it was Ed Yardeni, but the thought evokes the sound of a hundreds of horses galloping, the thunder of their hooves as they approach. At first, it’s just a faint sound something to make your head lift up.