Tag Archives: Euro

FX Commentary from Michael Hewson

Posted on January 17, 2012 by

Please find today’s FX comment from Michael Hewson market analyst at CMC Markets As suspected ratings agency Standard and Poor’s followed up its downgrades of EU nations last Friday, with a downgrade of the bailout fund late yesterday evening, downgrading … Continue reading →

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Stay Short EUR/USD

Posted on December 14, 2011 by

In the last seven weeks, the EUR/USD has fallen twelve big figures, from above 1.42 to be sitting just above 1.30. However, imho its worth staying short, as the following short video explains:

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Europe – Plans A,B and C

Posted on September 27, 2011 by

Markets rallied hard overnight, with most commentators attributing the moves to a more postive view on a solution to European debt woes.  While there is little in terms of official confirmation, a “Plan A” has emerged.

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Tide of buying momentum takes AUD to US$1.04

Posted on April 4, 2011 by

Guest post by Tim Waterer Another day, another milestone for the AUD as it claimed the 104 handle this morning. Commodity prices look well supported today, whilst traders appear to be very much in a buying mood to start the … Continue reading →

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EUR/USD – Sell Trigger

Posted on March 23, 2011 by

While reading about the upcoming debt summit in Europe this Thursday and Friday nights, Ric Spooner’s technical analysis of the EUR/USD came to mind. After laying out the case for the end of a 5 wave Fibonacci advance, Ric writes:

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EUR/USD may be setting up for an hourly Gartley reversal

Posted on October 20, 2010 by

With the recent strength in the USD there have been some pretty significant declines seen in a number of currencies. Whilst no-one wants to try and ‘catch the falling knife’ it can be a good idea to look in advance … Continue reading →

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