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Euro Surge Today

Monday, November 24th, 2008

LONDON - The euro’s sudden sprung to higher heights today amid weeks of down-beat trades and the dollar recovery. Could this herald more gains against the greenback, (US currency) in the long-term?

Cable Gains And More

Wednesday, October 29th, 2008

Cable, GBPUSD gained a significant reprieve last night amid previous lows from last week’s traded levels. This morning saw a continuation on the ‘out of jail’ breakout of Tuesday’s trading session. Could this be the mark of a resurging cable?

EUR Sideway Trade

Friday, October 24th, 2008

After 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?

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