Major currencies July 11 Forex

Dollar looses about 1/2 % against most majors and .74% against the yen.

Euro Dollar approaching target highs

Excellent swing entry from 1.57500 as movement was confirmed in most time frames. Big move.

Looking for a little resistance for a day or two then a push up probably off the news of ECB release. Dollar looks like it will be shedding a little more value.




Japan's Nikkei stock average fell 0.21 %. Britain's FTSE 100 fell 2.69 %, Germany's DAX index declined 2.41 %, and France's CAC-40 fell 3.09 %

Euro lost gains after ECB said it will not raise interest rates today

ECB did not raise Interest rates today and the Euro lost the gains it made yesterday when it broke through the upper trend line.

Expecting another attempt on 160.

Euro trashing dollar, new highs coming on

Broke through resistance to the upside target. Can see some big moves if we don't curb the intrest rates.

June 27 eur usd hitting upper trend line

We are approaching the uppper trend line with a good chance of pushing through.

in after ours the top has been tested twice and we are seeing the wind up for the break through. I think we can see a new high on the euro coming on.

We shall see.

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GBP JPY ready for a big move

This weeks news cans send this one on a roller coaster. Will post some entries later this week.

News will be the driver of this roller coaster

Looks like we have some pretty skewed news here with numbers coming out almost everyday this week.

The upper trend line looks like an easy target. Watch out for the fed making announcements on raising the inter bank rate, looks like an easy target in this inflation rich time period.