After seeing persistent selling pressure since Wednesday's Asian session, the euro stabilized against the US dollar during today's New York session. The EUR/USD currency pair rose more than 40 pips after the opening bell on the New York Stock Exchange, then settled near 1.43 at the London close.
Finally got what looks like some decent pullbacks in the market. Will be looking to build on some fresh long positions and hopefully be able to hold some trades for the rest of the week. What for the NZD interest rate decision today.
Feel free to follow me on twitter: @fxrob Have a great day trading.
Hi everybody for this presentation I concentrate the analysis on the Aussie USD. Looking for more Aussie relative strength. I employ my normal simple, yet hopefully effective analysis. Good luck! David Pegler
Added by FX BOOTCAMP on July 25, 2011 at 10:12pm —
Going to take a look at the EUR/USD pair today. Longer-term my bias is long, however I wonder if the resistance shown over the past few days combined with a long-term daily trend line and monthly central pivot point will give way to a decent pullback before continued long side action. Take a look.
Hi everyone for this brief presentation I take a look at the Euro USD. Very simple analysis today for sure. Nothing more than a breakout strategy. I hope you enjoy the analysis and good luck today. David Pegler
As per usual, focusing to potential easy trades for the next 24 hours. The Kiwi is one of the most bullish pairs out there right now. I am hoping to long when the opportunities present themselves. Have a good day.
Hi everybody for this video I concentrate exclusively on the Euro USD. Lots of fractal analysis today trying to put together a conservative plan. I hope you enjoy the video and good luck today! David Pegler
Just getting back in to things after a few weeks vacation. Today I am going to focus on the USD/CAD pair. Many other pairs are showing exhaustion for the month of July due to monthly extreme pivots. The CADS however still has a good potential move.
The US dollar ended the European trading day on a high note against multiple major currencies after Federal Reserve chairman Ben Bernanke told the US Senate Banking Committee that the Fed was not currently preparing to make a policy move.