The euro moved higher and reclaimed 1.25 before tomorrow’s U.S. job report. The EUR/USD began to move higher during the European session, and throughout the U.S. session. The U.S. 10-year treasury yields soared today from 2.73% to 2.78%; however, the higher yields were unable to stop the U.S. dollar drifting…
Category: Forex
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The Euro Settled at 1.2420 after the Non-Eventful FOMC
The euro is back to where it was yesterday at 1.2420 after the FOMC meeting. The EUR/USD began to move higher during the Asian session, and reached as high as 1.2480 during the European session before it drifted lower toward 1.2420 right before the FOMC rate decision announcement. The announcement…
The Euro Was up While the U.S. Stocks Tumbled
It’s been a fairly active Tuesday in terms of my MT4 EA trading activities. The EUR/USD found the short term support at around 1.2340, and began its ascend during the European session. The pair went up 110 pips or so to 1.2450 before it stalled. The economic data released from…
Higher Bond Yields Sent the Euro Lower against the U.S. Dollar
“The dollar will get stronger,” helped the U.S. dollar today. The EUR/USD has been drifting slowly lower to trade as low as 1.2339. Meanwhile, the U.S. bond yields are soaring. The 10-year Treasury yield trades above 2.7%, which is the highest level since 2014. The ECB hit the wires earlier…
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 26
7 trades have been closed since the last update. Five trades were losses. The other two were profitable. The total realized loss is $8. Last week, we ended at $2569 in profit minus interests and fees. After the profit this week, that brings our total net profit to $2561 minus…