Archive for August, 2011

EUR/USD – Updates

August 31 | Posted by yeijen | Uncategorized

Daily Chart
After the uncertainty of the markets, it looks like the market has gone back to its normal movement. Now its time to begin searching for possible resistance and support line for some trading. Let’s look at the chart below.
Daily Chart - Support Line
A possible support lies... Read more

EUR/USD – Updates

August 12 | Posted by yeijen | Forex Trading Analysis and News

Daily Chart
According to the recent economy news after the US debt crisis and the credit rating downgrade, the world economy has tumbled and the forex market has been unpredictable. The market went from strong bullish and suddenly strong bearish. Such signs indicates that the market is not ready for trade. Any trading at this moment... Read more