Monthly Archives: January 2009

Welcome to the Bearish Weekend

EURUSD – BEARISH MOOD I see a bearish pattern this weekend. As I am writing, the current price is at 1.33516. With a strong bearish momentum on RSI (Weekly), I believe that this pair can go further down till the 1.3313/1.3298 zone towards the Nov 25th 08 high at 1.3081. The pair is still attempting [...]

Forex in January 2009 – USD and JPY stories

Morning traders. While reading some articles this morning, I happen to bump into a very useful article by TheFLB.com. This article talks about some of the important components that will , in some way, effect the USD and JPY pairs. A good source of knowledge to start the new year. “The first full week of [...]