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EurUsd has hit Daily Resistance at 1.4399 and now it’s time to Sell and ride down to Weekly Support at 1.435

Not much…

EurUsd is inside of a Descending Triangle between Daily Resistance at 1.439 Even and Weekly Support at 1.4344

Sell and set your stops at 1.435, if a break occurs there Sell again and set your stops at Monthly Support 1.432

Pictures Below,

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Eur/Usd has hit 1.42 and some…

What should we do now? Buy!

Eur/Usd not only hit 1.42, but it hit Monthly Support also. Yearly Support is now at 1.278 and Daily Resistance is up at 1.435

Eur Zone Gross Domestic Product is Coming up at 13:00, Buy and set your targets to 1.435

Pictures Below,

Hello everyone,

The site is okay and holding.

EurUsd is at a breaking point…

Will it drop or rise? Is the Question.

At the moment EurUsd is inside of a triangle at 1.433. Since Yearly Resistance is only 50 pips away, and Daily Resistance is holding up strong; my only forecast is EurUsd will Break Daily Support “Again” and ride down to Monthly Support by the end of the week at 1.42(Even)

Any Questions? Drop a Comment.

Pictures Below,

Having alittle trouble upgrading to wpmu for buddypress, will update tuesday:)

I have invested on forex market for a while and frequently heard about carry trade. As i know, this term means to buy in like Euro/Yen pair to profit from the difference between the two currency’s interest rate. The diffence in this pair’s interest rate is 3.5% now, but what about the GBD/USD pair which has only o.25% in difference?