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EURUSD

vision85 Posted 7 Giu  in #Trader's blog
As the EURUSD pair has now come to another last significant swing high at the 1.18300 price area could this now be the turning point.
The pair is currently supported by an upward trendline and the RSI is in bullish territory.
If this pair can find the momentum to break the 1.18300 level we could see a test to the upside 1.19950.
A failure and break through the upward trendline could see this pair continue to the downside.
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Daily Breif

vision85 Posted 4 Mar  in #Trader's blog #Forex Daily #Non Farm Payrolls
Currency Markets the dollar was on the defensive against its peers on Friday after soft service sector employment data dampened expectations the Federal Reserve would hike interest rates soon, looking to U.S. non-farm payrolls later in the session for possible relief. The euro was nearly flat at $1.0939 after rising 0.8 percent overnight. The dollar was little changed at 113.62 yen after being nudged off the previous day's high of 114.28. The Australian dollar stood at $0.7367, holding near a th…
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Market Update

vision85 Posted 4 Feb  in #Trader's blog #Trading #Forex Daily
The US dollar was strongly bearish against all its counterparts on Wednesday. On the economic data front, the MBA mortgage applications index fell 2.6% in week ended Jan. 29 after rising 8.8% in prior week. The ADP national employment in the US shows 205K new workers in January (from 267K workers in December) as the labor market continued to power past a growth slowdown and financial-market volatility. In other news, the US PMI activity fell to 53.2 in January, down from 53.7 in December. Finall…
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