Author: forexpros.com

ForexPros Daily Analysis May 18, 2011 Euro, Pound Rebounding To Next Setup, Yen Back In Range Euro: On the daily, the euro is threatening its short setup at 1.428 and may move into its next setup. The...

ForexPros Daily Analysis May 17, 2011 Euro, Pound Still in Measured Moves Short, Yen Near Lows Euro: On the daily, the euro continues in measured moves short, today reacting off its traditional 50% short at 1.42424. This...

ForexPros Daily Analysis May 16, 2011 Euro, Pound in Measured Moves Short, Yen At Bottom Range Euro: On the daily the euro is in measured moves short and coming close to breaking its longer term long, with...

ForexPros Daily Analysis December 29, 2010 I remembered the other reason why to refrain to trade during the holiday. Trading is as slow as the molasses you put in your holiday desserts and can lead to impatience...

ForexPros Daily Analysis December 27, 2010 I will be posting this week but will be looking at the market in broader terms since light volume tends to make trading setups more volatile in shorter timeframes.

ForexPros Daily Analysis December 22, 2010 Euro Dollar: On the daily, the euro has found support at full half way back at 1.30742, but is still technically in a short setup, with a target at 1.27715. On...

ForexPros Daily Analysis December 20, 2010 Euro Dollar: Friday’s action seems to confirm the short at 1.33777, with a target of 1.27715. I would like to see a close below 1.31445 to confirm the short.

ForexPros Daily Analysis December 14, 2010 Fed day. Be very aware. We are at key levels, let the volatility of the Fed allow the markets to decide what direction they want to go. Looking long but I...

ForexPros Daily Analysis December 13, 2010 Euro Dollar: On the daily, the chart is getting messy, but ultimately its showing the euro in a series of shorts, with strong support at the 1.32002, a 50% long. The...

ForexPros Daily Analysis December 09, 2010 Euro and pound leaning on the bullish side, though they need to break their 61.8% lines to confirm trend. Yen in a large range, stuck between two opposing 50%s.