Bonjour Koalas! A slow day today as the EUR/USD creeps around the neighborhood. As we near the end of the week, i certainly hope everyone is in the green. Looking at the EUR/USD, the price action remains bullish since yesterday, testing the resistance of 1.3680+. Although the S&P 500 is […]
EUR/USD Forecast
Good day to all! Although today brought us more data from the Euro Zone, trading remains slow. These data were mainly better than expected. French and Italian industrial productions performed much better than expected. Regardless, the market probably remains apprehensive due to concerns over Greece. The EUR/USD continues to suggest […]
Good day to you! Today is the second day of trading and i hope you are building your way to a week in GREEN 🙂 So far the week had been pretty quiet with the absence of any major economic release. Looking at the EUR/USD, in view of the light […]
Good day Koalas! Monday is here again. Rise and shine for the new trading week. Remember our goal is not to become rich overnight. Rather to finish the week in green 🙂 The trading range is not too huge today as there were not many releases today. While the EUR/USD […]
Hello Koala King and folks. Good day to you! This week the Greek deficit issue was the single currency Euro’s most important news. With the announcement of a 4.8 billion Euro deficit cutting measure by the Greek government, the Euro gained slightly against the US Dollar. However this issue is […]
Hello Koalas! Hope you are having a great weekend so far. For starters, lets take stock of the current situation. I mentioned in the previous weekly review that we will probably be ranging between 1.34 – 1.38. Looking with hindsight, the price action pretty much respected this range well. At […]