Related Posts

USDCHF Daily Trading Plan

We are following a simple, well known technical pattern, named Pivots, in order to find out opportunities in the market. Pivot points are calculated as an average of significant prices from the performance of the market in the prior trading day. The Pivots are often turning points for the direction of price movement in the market. […]

The euro slid to a three-week low…

Good morning , -Asian stocks fell for a second day, raw materials declined and the Australian dollar weakened as manufacturing data in China and Japan added to global slowdown signs. The euro slid to a three-week low before a report that is forecast to show record unemployment in member states.   -Europe faces a month […]

EURUSD dropped to 1.2450 (lowest since July 2010)

Good Morning , – EURUSD dropped to 1.2450 (lowest since July 2010) after FT reported that ECB is opposing Spanish plans to recapitalise banks by using ECB’s 3 months financing window. USDCHF has hit 0.9642. Commodity- and EMG block seems to be lagging the EUR move. – Stocks: Nikkei -0.84 %, Hang Seng -2.09 %, […]