Author: Ryan Best

EURUSD Heading Toward Lower Target

The EURUSD is headed toward the lower line target area and may even get there today, if the DJIA keeps getting knocked. As I have been watching the news on the raids this morning of two hedge funds,… Great week of trading...

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EURUSD Fails to Impress

I mentioned yesterday that the daily candle was looking weak. This move may be findindg a short term top. Keep in mind though that it is entirely possible that the pair could see significant… Great week of trading topped...

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EURUSD Sticks to Range

Although the range of 1.4028 to 1.3786 has been stretched a little, the pair has remained relatively for the most part faithful to it. This latest test to the top side taht happened overnight was… Great week of trading...

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Medium Term Short Targets

Now that the pair has begun topping, short targets can be assesed. Those fib fans out there will like the nice round nature of the 1.3500 mark. 1.3800 was breached last night, and a fall further may… Great week of trading...

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EURUSD 1.4000 Resistence Is Strong

The pair has fallen back below 1.3900 as suspected profit takers close out trades. This may help the pair fall to as low as 1.3800 in the coming hours, perhaps as late as tomorrow. Even though it’s… Great week of...

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EURUSD Reaches Multi Point Topside

If you follow the blog at all, you will recognize this chart form a few days. I had the same EURUSD daily chart with the 800 SMA and the 100% extension line drawn and identified the 1.4000 area as a… Great week of trading...

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