The euro soared again today from 1.2060 to 1.2150 on the positive political news from Germany. Yesterday, the EUR/USD was near 1.2060 before the momentum ran out. The ECB’s meeting […]
The Euro Moved Higher and Retested the 1.2060 Level Last Night
The euro pressed higher last night and the buy order take profit target was hit. The strategy can be found here. The latest result can be found here.
ECB Is Confident about Recovery and Sending the Euro Higher
The euro soared 100 pips or so from 1.1945 to 1.2045 on the ECB’s positive meeting minutes and outlook. The EUR/USD was near 1.2050 before the momentum ran out. The […]
Can the Euro Hold 1.1920?
The euro soared 100 pips or so from 1.1920 to 1.2020 on the news from China regarding its decision to scale back the purchases of the U.S. Treasuries. The EUR/USD […]
The Euro’s Slide Continued toward 1.19
The euro CONTINUED to slide. It is closing in on the 1.19 level currently. The EUR/USD is pressuring the 1.1920 level despite some encouraging data from Europe. The EU unemployment […]