Tag Archives: Euro

Euro’s Twists and Turns: What’s Next for the Currency?

November 15, 2010 – 4:37 pm
By clarkfin | Posted in Forex Trading | Also tagged , , , | Comments Off

EWI’s FOREX FreeWeek is now on: Get charts, analysis and forecasts for the Dollar, Euro, Yen and more

November 11, 2010 – 12:38 pm

If you trade binary currency options, this is a great opportunity for you… Our friends at Elliott Wave International have just announced the beginning of their popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services — at ZERO cost to you. You can access [...]

By clarkfin | Posted in Forex Trading, Trade Alerts | Also tagged , , , , , , , | Comments Off

The Week Ahead

August 15, 2010 – 12:02 pm

This week a handful of economic reports and earnings reports will affect the markets. The home-builders’ index for August, scheduled for Monday, is expected to tip higher. Housing starts for July are set for Tuesday, with economists penciling in a rise in the pace of new home construction. Wal-Mart Stores Inc. releases its second-quarter reports [...]

By clarkfin | Posted in Commodities, Forex Trading, Trade Alerts | Also tagged , , , , , , | Comments Off

EUR/USD Moves Up to a 3 Month High

August 2, 2010 – 8:35 am

The Euro is picking up momentum, and after having remained trading sideways above 1.3055 during European trade, the pair has broken past session high, to test 1.3095/1.3105 resistance area. If the pair manages to break above 1.3105 (session high/Jul 29 high), next resistance levels could be at 1.3140 and 1.3180.  On the downside, support levels [...]

By clarkfin | Posted in Forex Trading, Trade Alerts | Also tagged , , , , | Comments Off

Prechter on Yahoo! Finance: “Even $1 Trillion Can’t Save the Euro, But Gold is No Safe Haven”

June 4, 2010 – 4:21 pm

The euro’s recent loss has been the dollar’s gain, which means that it’s not the best time to buy the U.S. dollar. Meanwhile, the most popular alternative to currencies, gold, isn’t such a good buy either. Watch the second excerpt from Robert Prechter’s May 20 interview with Yahoo! Finance Tech Ticker host Aaron Task to [...]

By clarkfin | Posted in Education, Trade Alerts | Also tagged , | Comments Off

Trading Updates May 17,2010

May 17, 2010 – 9:13 am

Euro Going Down! The euro plunged to its lowest level against the dollar in more than four years in Asia Monday, as investors continued to dump the common currency on the view that Europe’s debt problems and economic fragility could drag the currency lower. More falls are likely for the euro this week as investors [...]

By clarkfin | Posted in Trade Alerts | Also tagged , , | Comments Off

Could the Euro Drop to $1.03?

May 12, 2010 – 7:19 am

There is a strong technical argument that if the Euro falls below $1.19, it could quickly fall to the next support level of $1.03. From a charting perspective this calls for a monthly chart of the euro-dollar, where each candle (shown in the graphic on the left) represents a month of trading. The advantage this [...]

By clarkfin | Posted in Trade Alerts | Also tagged , , , | Comments Off