Archive for the ‘Forex’ Category

All green for Euro

What a good day for Euro today. All news are green indicates a good news for Euro currency. Fundamental had it day for Euro, and a good sign for Euro. I am still wondering, either.. this is only a correction for short term only. Just wait and see, at this time I already close my [...]

USD CAD 22 July 2010

The market is still downward especially on GBP JPY, EUR JPY – my favorite pair which I rarely mentioned in this blog By the way, last night at 2.10 am.. there was a massive downward at those pairs (and other pairs as well). Here is USD CAD, bearish divergence on 1 hour timeframe and 30 [...]

Eur Aud 22 July 2010

Eur Aud bounce up last night, fail to break 23% fibonacci retracement. And, the whole body closed above the candle. Go to smaller timeframe, bearish divergence is there. Stochastic overbought as we can see on the chart. What should we expect from this pair? A retracement or a bull?