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eurusd forecast

Euro-Dollar Bearish Tape

by Rafael Rosa on November 8, 2010

The EURUSD [Euro-Dollar] bearish tape is playing out. We’ll take a look at the daily chart to see what has been happening. The first “bearish/over-extended” warning sign in the daily chart was the Bollinger Band breach. The pair had a candle trade completely above the band, which is extremely unusual. You can look back at [...]

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No breakouts here, move along now.

by Rafael Rosa on November 1, 2010

Today isĀ  t-2 (“t minus 2″), with t being Christmas for traders. On Wednesday, Santa Fed arrives at our chimney. Some people expect a big gift while others believe Santa Fed will disappoint. Speculation is all the rage and everyone has an opinion on what will happen. They all want to guess what’s in the [...]

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