EUR/GBP Developing a Double Top; Reward to Risk Assessment

Friday, September 3rd, 2010

The daily chart shows the EUR/GBP going up against a declining trendline. The market is reacting by pausing the rally at 50% retracement, 0.8350 level. Note the RSI is remaining under 60 for now and is turning lower.

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EUR/GBP Developing a Double Top; Reward to Risk Assessment

Sentiment Remains EUR/USD Supportive, But Markets Are In A Wait-And-See Mode Ahead Of The Payrolls

Friday, September 3rd, 2010

Yesterday, EUR/USD easily preserved its recent gains, but failed to take further advantage from additional (US) equity gains. Also the impact of the ECB press conference was limited

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Sentiment Remains EUR/USD Supportive, But Markets Are In A Wait-And-See Mode Ahead Of The Payrolls

Stalking EUR/GBP as it Nears Resistance

Thursday, September 2nd, 2010

The EUR/GBP rallied past the 0.8320 target set in the August 31st EUR/GBP update.

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Stalking EUR/GBP as it Nears Resistance