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Can the Euro Recover While It Challenges Its Recent Lows Again?
July 19, 2019, 9:54 AMThe euro has eventually reversed higher yesterday, yet the upswing is being met with renewed selling pressure earlier today. How does such a balance of forces and the immediate outlook influence our open position? An equivalent question also goes to the Australian dollar. So, what trading decisions have we actually just made?
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The Euro Bulls' Fate Is Hanging in the Balance
July 18, 2019, 10:24 AMThe euro has recovered a bit yesterday but checking its chart today reveals a different story entirely. Similar back-and-forth movement is a sign of tension, and of a closely contested battle beneath the surface. And what follows indecisive moments of low volatility? You nailed it, higher volatility and a juicy move. So, let's get positioned accordingly.
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The Euro Did Slide Yesterday. Is the Bottom In?
July 17, 2019, 10:08 AMWhoa, the euro did really move, closing the day almost at the very level we saw as our probable target. But what about today, does its upswing change anything? While the AUD/USD downswing is also playing into our cards nicely, can it still go on? Let's dive into these and other opportunities across the forex arena.
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We Profits As The Euro Bulls Do Not Have a Good Day Today
July 16, 2019, 9:05 AMAfter yesterday's relative indecision, currencies are on the move today. This is especially true of the euro. Does it look to you like lower values are just ahead, or can the bulls stem the decline? It's not about the euro only though - we've seen pretty interesting action in the Australian dollar yesterday. The question is whether its upswing has changed the outlook, or not. Let's dive into these pressing questions and turn the resulting knowledge into something beneficial to you.
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The Euro Bulls Appear to Be Losing Grip
July 15, 2019, 12:26 PMThe start of the trading week brought us modestly higher U.S. dollar on the heels of strong New York manufacturing data. This move has played quite well into one of our open positions. As for the other, AUD/USD is keeping its gain after strong Chinese retail data. Where next have we seen strong moves, and what do they mean for our trading positions?
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