Thursday, May 31, 2012
In today's V.I.P. webinar, we briefly discuss the current price behavior in the EUR/USD pair and the fundamental news pushing market prices. We also place a few live trades using the Slumdog Forex trading system.
Wednesday, May 30, 2012
Risk aversion was in high gear for the EUR/USD currency pair as investors began to pile into the greenback on deepening concerns coming out of the Eurozone. Throughout most of the trading session, negative headlines continued to weigh on the common currency and the pair had fallen 143 pips from the session high of 1.2505 down to the session low of 1.2362, where price found support.
In today's technical analysis video, we will briefly explain the price action in the EUR/USD pair and identify common areas of support & resistance for potential trade entries.