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: Rebound From The LB Balance Line Likely
Sellers twice tried to break down the 90th degree on Tuesday, going against the market with the support of the crosses, but their efforts came to nothing.
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EUR/USD: Uncertainty In Germany Continues To Weigh Down On The Euro
Yesterday’s rebound was unexpected. The price made it to the 67th degree in a couple of hours. The euro’s dropped gathered pace as the price corrected downwards from 1.1809 and broke the LB balance line down.
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EURUSD: Merkel Has Failed To Form A Coalition Government
The euro is trading at 1.1735. The price bounced off the lower boundary of the A-A channel and has been trading in a sideways trend for the last few hours.
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EURUSD: Price Pulls Back 61.8% Before Bouncing Off The A-A Channel
The euro closed down against the dollar on Thursday, although sellers didn’t make it to their target of 1.1751. If the euro weren’t rallying today, I’d have predicted that it would decline to form a pin bar model reaching down to 1.1710.
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EUR/USD: Daily Pin Bar Model Suggests A Decline Ahead
Considering that a pin bar has formed on the daily timeframe, I’m forecasting a drop to 1.1751 with an intermediate rebound to 1.1803.
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EUR/USD: U3 MA Line Providing Resistance
We need to wait and see whether or not there will be a rebound from this boundary. Technical analysis of the euro index is important for the crosses. If the crosses start to undergo a correction, the euro will come under pressure against the dollar.
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FXE Euro Currency Trust
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