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Forex Forecast – Euro Continues Short Covering Rally
Written by Andrew11   
Thursday, 19 January 2012

Thursday 19/01/2012 8PM GMT


The Euro is continuing its short covering rally today and we may see some more short term strength but in our view this rally is on borrowed time but today the bulls are out and stocks and risk assets are higher but it won't be for long.

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Forex Forecast – Euro Rally Short Covering Rally to 1.31?
Written by Andrew11   
Wednesday, 18 January 2012

Wednesday 18/01/2012 8PM GMT


We are seeing risk assets and currencies move higher today but in our view the rally is on borrowed time but we will do some protection of open positions today. The Euro in particular has the potential to rally hard on stops being hit and the speculative net short position as per the CFTC Net traders is at a record high...

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Forex Forecast – Euro Rally Fades Aussie Dollar Held by 1.040 Level
Written by Andrew11   
Tuesday, 17 January 2012

Tuesday 17/01/2012 8PM GMT


The commodity currencies rallied today but both have been held by resistance with, the Aussie dollar coming off 1.040 and the Canadian dollar coming off the 99.00 level and we expect both top work there way lower and the Euro also, is failing to rally – we expect more dollar strength and the reason why is simple...

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Forex Forecast – Euro any Rally a Selling Opportunity
Written by Andrew11   
Monday, 16 January 2012

nday 16/01/2012 8PM GMT


The Euro is oversold and will have short and sharp rallies to flush out weak speculators but long term its doomed; this spells big trouble for another major nation China which looks set for a hard landing. All this will lead to is the safe haven dollar and Yen, going higher in the months ahead.


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Forex Trades – The Week Ahead $Dollar to Remain Firm
Written by Andrew11   
Sunday, 15 January 2012

Sunday 15/01/2012 2.00PM GMT 3.00PM CET


We ended the week, adding back our banked Euro profit as we hit resistance and it plunged and we also think that major tops in the Canadian and Aussie Dollar are being confirmed and see big falls in commodity prices which will pull these currencies lower.

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Forex Forecast – Euro Rally Triggers Stops But Rally a Selling Opportunity
Written by Andrew11   
Thursday, 12 January 2012

Thursday 12/01/2012 8.00PM GMT 9.00PM CET


The Euro has been oversold and its rallying today as the bearish news for it peaked and solid Italian and Spanish debt auctions saw a move up which is flushing out speculators on stop but how much further can it the rally go?

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