All Entries Tagged With: "EURUSD"
Prechter on Yahoo! Finance: “Even $1 Trillion Can’t Save the Euro, But Gold is No Safe Haven”
The euro’s recent loss has been the dollar’s gain, which means that it’s not the best time to buy the U.S. dollar. Meanwhile, the most popular alternative to currencies, gold, isn’t such a good buy either. Watch the second excerpt from Robert Prechter’s May 20 interview with Yahoo! Finance Tech Ticker host Aaron Task to [...]
$EURUSD Trade Update 1/28/10
Our EUR/USD short continues to work out well (initiated at 1.5077). We were stopped out of 1/3 the position on January 4th and unfortunately missed the re-entry which should have occured on January 14th when the new pivot was formed and price ran into resistance at the Kijun Sen (blue line). Rather than chase it I [...]
$EURUSD Trade Update
On 12/1 we entered our short position in EUR/USD at 1.5077. On 12/4 we got a topping tail and the bears began what has turned into a nice move to the downside. The goal is to ride this trade to an ultimate target below the March lows at 1.2455. We should be getting close to [...]
Free Week of Forex Forecasts
Announcing Elliott Wave International’s NEW FreeWeek… Free, Full Access to EWI’s Forex Forecasts! August 20-27 Google the word “forex,” and your search will bring back about 61 million entries. Google “S&P,” and you’ll get about 10 million fewer entries to choose from. There is a reason why more websites talk about trading forex than trading [...]






