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Forex Market General Overview
The Forex market general overview includes discussion and analysis of the economic prospects of a single country's currency.Technical
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0votesPatternMain Trend: Up Main Trend Top:NoneMain Trend Bottom: 1.5283 (05-08-08)Current Pattern: Main Trend Turned Up (05-16-08)Closing PriceReversal Bottom 1.5595 ...... Read More
0votesMay 23, 2008 GMT 03:13 EUR/USD Today’s support: - 1.5705 and 1.5682(main) , where correction is possible. Break would give 1.5666, where ...... Read More
0votesPatternMain Trend: UpMain Trend Top: NoneMain Trend Bottom: 1.5283 (05-08-08)Current Pattern: Reversal Top 1.5814 ...... Read More
0votesPatternMain Trend: UpMain Trend Top: NoneMain Trend Bottom: 1.5283 (05-08-08)Current Pattern: Reversal Top 1.5814 ...... Read More
0votesMay 28, 2008 GMT 03:40 EUR/USDToday’s support: - 1.5644 and 1.5615 (main), where correction is possible. Break would give 1.5592, where correction also may be. Then ...... Read More
0votesPattern Main Trend: UpMain Trend Top: 1.5818 (05-27-08)Main Trend Bottom: 1.5283 (05-08-08) Current Pattern: Reversal Top 1.5818 (05-27-08) Price ...... Read More
0votesPattern Main Trend: UpMain Trend Top: 1.5818 (05-27-08)Main Trend Bottom: 1.5283 (05-08-08) Current Pattern: Lower ...... Read More
0votesThe EUR/USD chart is indicating room to the upside as momentum appears to be building for a rally to 1.5639 - 1.5681. An uptrending Gann angle from the 1.5283 bottom is at ...... Read More
0votesJune 04, 2008 GMT 02:50 EUR/USDToday’s support: - 1.5408(main), where correction is possible. Break would give 1.5389, where correction also may be. Then follows 1.5364. ...... Read More
0votesA new lower main top was formed in the EUR/USD at 1.5628. This indicates that the market is likely to continue to push down to 1.5283. A major uptrending angle from the August 16, 2008 ...... Read More
0votesPattern Main Trend: DownMain Trend Top: 1.5628 (06-03-08)Main Trend Bottom: 1.5283 (05-08-08) Current Pattern: Lower Top Price ...... Read More
0votesPattern Main Trend: DownMain Trend Top: 1.5628 (05-27-08)Main Trend Bottom: 1.5283 (05-08-08) Current Pattern: Reversal Bottom 1.5601 (06-05-08) Price ...... Read More
0votesThe EUR/USD turned up on the daily chart on the breakout over 1.5628. This move also confirmed yesterday's closing price reversal bottom. This morning the market hit downtrending Gann ...... Read More
0votesWith the EUR/USD at a major .618 retracement price at 1.5738 and rapidly approaching the last Main Top at 1.5818, start looking for selling pressure on profit-taking. Three key time periods could ...... Read More
0votesAnalysisThe Main Trend turned up on June 6 following the breakout through 1.5628. In overnight action, the trend continued up as the market traded through the May 27 top at 1.5818.In the ...... Read More
0votesThe Main Trend is Up. The Main Trend turns down on a trade through 1.5364.The weak close in the Euro following the Closing Price Reversal Top at 1.5844 on June 9 has put this pair in ...... Read More
0votesDespite the weakness in the EUR/USD, the bulls are still defending the pair of Main Bottoms at 1.5383 (05-08-08) and 1.5282 (03-11-08).If the market turns weaker during the day and takes out these ...... Read More
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