EUR Sideway Trade
Friday, October 24th, 2008After a night of see-saw trades in the Asian/Pacific hours, EURUSD is beginning to develop into another sideways movement. Yesterday night saw a trough developing on the hourly and 4-hourly charts as the European session winds down. Could this be the set tone for this trading day?
October in The Eyes
Friday, October 10th, 2008October in the eyes of a trader, a month of volatility and trading rewards. October, a month leaders of the free world powers would like to forget. And a couple of weeks etched on the marbled of their hearts with fear of not knowing what would happen next. This is the challenge facing western leaders today. The significant shift in the financial markets on the world’s financial lending habbits is an indictment of what we have come to accept - greed.
Euro Makes Low And More..
Thursday, October 2nd, 2008LONDON: Euro dollar, EUR USD makes new 12-month low of 1.3746 in today’s trading after an early morning of choppy trades. The day started with Frankfurt riding the pair to 1.3965 in the first hour before it quickly descended to 1.3854 even before the main European currency markets opened in London.
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