The EURUSD was in the free fall pattern after the U.S. and Canada reached the trade agreement at the 11th hour. The EURUSD has suffered huge losses since September 24 and fallen almost 300 pips. Several factors have triggered the U.S. dollar strength against the euro. The Fed will continue…
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 61
1 trade has been closed since the last update. The total realized loss is $223. Last week, we ended at $271 in losses minus interests and fees. After the loss this week, that brings our total net loss to $494 minus interests and fees. The strategy can be found here. The…
Draghi Send the Euro above 1.18 but the Move Faltered
The EURUSD was pushed higher by the ECB president, Draghi’s optimistic view on inflation, but it gave back all of the gain later. The EURUSD had an opportunity today to retest 1.18. The bullish momentum was triggered by the ECB president, Draghi’s comment on inflation. He expects the inflation to…
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 60
1 trade has been closed since the last update. The total realized loss is $222. Last week, we ended at $49 in losses minus interests and fees. After the loss this week, that brings our total net loss to $271 minus interests and fees. The strategy can be found here. The…
The EURUSD Moved Lower toward 1.1720 Again
The EURUSD is giving back most of its gain from yesterday after breaking above 1.1720. The EURUSD trading remains calm after the U.S. announced a 10% tariff on $200 billion worth of Chinese goods earlier this week. The euro has given back most of its gain from yesterday. The euro…