euro

By Jerry Furst - Sr Analyst “1st on Forex”
Investors Education Network.com
Lots of Scheduled News on the Calendar
Beginning of the Week - Retail sales will be the focus as anecdotal reports of the Holiday season kicking off with last weeks Black Friday and the Thanksgiving holiday weekend. They call it “Black Friday” because many retailers traditionally get profitable and into the […]

In a few minutes, Dow Jones will open, and the index is weighting to much to be ignored: being at this lows, is expecting to open to the upside, mostly to due to the financial giant Citigroup, that is considering putting itself on the block. That will probably mean the Euro will find some strength to […]

Greenback Rally Strides On  
My last post on November 18th showed the USD-CHF getting to a pinnacle point of decision as the chart showed a beautiful upward trend channel that was getting narrower and narrower – so a trend line break was immanent
 
Charts Past and Present
The chart above shows that the Dollar decided to break […]

Dollar Rally Pauses - Charts Tell The Story
The Dollar may be poised to retrace as several bad numbers are out again so far this week, GM is still teetering on either Bankruptcy or Bailout, and Wednesday is bringing CPIand Housing Data that may poke the charts around a bit. Take a look at the following three […]

Dollar Acting Schizoid Ahead of G20
The “normal” correlations of currency pairs was anything but – as the Euro surged from the 1.2500 range to over 1.2850, while the Pound Sterling lost ground most of the day closing relatively unchanged at around 1.4800. Meanwhile the Carry Trade continues it’s gyrations as the dollar gained ground against […]

Some time ago, I was looking at this particular pair in the long term managing the possibility of a downside break. The proposed levels that should have been broken, in fact offer strong rebounds, and the pair is way above the maximums zone and remains close to 0.8400. Looking at monthly charts, looking for a […]

Both Euro and Gbp break to the upside against dollar, and continue moving higher, as stocks recover ground: the Eur/Usd could reach the zone around 1.3010, that could extend even to 1.3050 (not seen really) tops for today. Over bought in hourly charts, expect a corrective rebound in the next hours.
Gbp/Usd breaks above the 1.6000 triggering […]

Both Euro and Gbp break to the upside against dollar, and continue moving higher, as stocks recover ground: the Eur/Usd could reach the zone around 1.3010, that could extend even to 1.3050 (not seen really) tops for today. Over bought in hourly charts, expect a corrective rebound in the next hours.
Gbp/Usd breaks above the 1.6000 triggering […]

Both Euro and Gbp break to the upside against dollar, and continue moving higher, as stocks recover ground: the Eur/Usd could reach the zone around 1.3010, that could extend even to 1.3050 (not seen really) tops for today. Over bought in hourly charts, expect a corrective rebound in the next hours.
Gbp/Usd breaks above the 1.6000 triggering […]

By Jerry Furst - Sr Analyst
Investors Education Network
 
The Week Ahead - Calendar and Webinars
For my summarized Scheduled Economic Calendar - Click Here
Monday - US Election Coverage Goes Parabolic!
I’m expecting the markets to be really quiet Monday and Tuesday as the world sits back and pops enough pop corn for the next few days (or maybe weeks). […]