Forex Trading
Contributor's Links: Alpari

Today, Alpari is one of the leading names in Forex trading, but getting here didn't come easy. Alpari's history is a story of triumph over seemingly insurmountable odds; a story of three men who started with nothing, during one of the ... more

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EUR/USD: Correction On The Euro Underway
There are a couple of positive signs for sellers. On the daily timeframe, a pin-bar has formed on the EUR/GBP cross. This is emitting a sell signal for the Euro, which was started in Asia as the cross fell below 0.8619.
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EUR/USD: Euro-Bulls Reluctant To Take Profit
In Asia, the Euro is trading at 1.1252. The closest resistance on the EUR/USD pair is 1.1330 and on the EUR/GBP at 0.8689. Should these levels be reached, it's worth expecting a downwards correction.
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EUR/USD: Quotes Expected To Recede Towards The Trend Line
After trading on Friday, the Euro closed with some nice growth against the greenback. The price consolidated within a narrow range around 1.1108 during the Asian session.
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EUR/USD: Pair Has Entered A Correctional Phase
Trading on the Euro closed down on Thursday, with a breakout of the trend line ending the 4-day rally. The pair fell to 1.1076 but sellers weren't able to close the day below 1.1082 (the opening price of the candlestick on the 17th of May).
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EUR/USD: Euro Down In The Asian Session
In the Asian session, the Euro has slid from a high of 1.1172 to 1.1143. It looks like profit taking, but it's too early to draw conclusions.
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EUR/USD: U3 MA Line Acting As A Strong Support
In today's Asian session, Euro-bulls continue their rally, which started on the 12th of May. The Euro/dollar gathered pace, broke the resistance at 1.0935 and the Euro index grew to 101.16.
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