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Debt Crisis Undermines Euro

Posted by fxalhabib 315 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: eu eur/usd euro debt crisis
EUR/USD took out 1.3968 major support line last week and hit the 1.3836 low. Intraday bias remains on the downside, as long as the 1.4280 minor resis[...] read more »
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GBP/USD - Pips Away from the 1.5910 Low

Posted by fxalhabib 325 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: gbp/usd dow wave u.k ppi 0.4%
GBP/USD is trading to the upside, after hitting the 1.5930 low. U.K PPI came out at 0.4%, higher than the 0.1% expectation. Intraday bias remains on [...] read more »
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Euro Regains Some of its Momentum

Posted by fxalhabib 325 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: eur/usd euro nfp unemployment dow wave
EUR/USD was trading at the 1.4205 low, but now at the mid 1.4300 level after a disappointing U.S NFP and unemployment numbers. Intraday bias remains [...] read more »
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USD/JPY Drops 100 Pips, Disappointing Unemployment Report for the U.S

Posted by fxalhabib 325 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: nfp unemployment usd/jpy dow wave 9.2%
USD/JPY dropped approx. 100 pips, NFP came out at 18K only (forecast 97K) and unemployment jumped from 9.1% to 9.2%. Intraday bias remains on the dow[...] read more »
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USD Gets Boost from the ADP, 157K

Posted by fxalhabib 326 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: adp usd usd/jpy 157k
USD/JPY breaks the 9 days high of 81.25 on a strong ADP data (forecast 67K, actual 157K). Intraday bias remains on the downside, as long as the 82.78[...] read more »
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ECB Raises Interest Rate to 1.50%

Posted by fxalhabib 326 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: ecb eur/usd raises interest rate 1.50
EUR/USD hasn’t reacted very positively to the ECB interest rate hike so far, it hit the 1.4220 low. Intraday bias remains on the upside, as long as t[...] read more »
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Moody's Cuts Portugal's Credit Rating to Junk

Posted by fxalhabib 327 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: euro moody portugal credit rating junk
EUR/USD is down to the 1.4300 level, as Moody slashes Portugal’s credit rating to junk. Intraday bias remains on the downside, as long as the 1.4100 [...] read more »
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GBP/USD Trading to the Upside, Stronger PMI

Posted by fxalhabib 328 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: bullish gbp/usd pmi swing dow wave
GBP/USD is trading with upside momentum, as the U.K service PMI shows greater growth than expected. Intraday bias remains on the downside, as long as[...] read more »
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GBP/USD Looking to Establish a Base for its Rally

Posted by fxalhabib 329 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: gbp/usd rally u.k dow wave bullish swing
GBP/USD went on an upside run to the 1.6140 high this morning, but now is back to the 1.6000 level. Intraday bias remains on the downside, as long as[...] read more »
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Ultimate Forex Strategy: Trading in the “When” Zone

Posted by fxalhabib 331 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: dow wave ultimate forex strategy
Exploiting the power of trading Forex in the “when” zone is the best way of kicking out the speculative mindset. I’ve spent the the last three plus y[...] read more »
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EUR/USD Has the Bullish Sentiment, More Upside Foreseen

Posted by fxalhabib 332 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: ecb eur/usd bullish sentiment greek vote
The EUR/USD is trading on an upside momentum, due to the Greek vote passing and expectations that the European Central Bank (ECB) will boost the inte[...] read more »
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Euro on the Rise, ECB Speculated to Raise Interest Rate

Posted by fxalhabib 333 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: ecb interest rate dow wave euro rise
Europe is relieved of Greece debt problems for the time being, but we still have a long way to go. In other positive news for the Euro, the European [...] read more »
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Greek Vote is Expected to Pass, Opposition Support

Posted by fxalhabib 334 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: eur euro greek vote opposition support
We are coming very close to the Greek vote approval of the austerity measures. It has been reported that the Greek Prime Minister George Papandreou h[...] read more »
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EUR/USD Awaiting the Greek Vote

Posted by fxalhabib 335 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: eur/usd austerity greek parliament vote
The Greek parliament will vote on June 29th & 30th, for the austerity measures agreed upon with the EU members. A “yes” vote would push the price act[...] read more »
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The Euro starts the Week on Vulnerability

Posted by fxalhabib 336 days ago (http://www.fxalhabib.com)
Category: Currencies | Tags: euro vulnerability bearish signal
Euro continues to trade on vulnerability, a bearish signal from a credible Eurozone or Greek official will send the currency tumbling. The GBP/USD br[...] read more »
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