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Downtrend on EUR/USD

January 15th, 2010 Leave a comment Go to comments

Forex EUR/USD Trade

USD : 08:30 pm – Core CPI m/m (H)
USD : 08:30 pm – CPI m/m (M)
USD : 08:30 pm – Empire State Manufacturing Index (M)
USD : 09:15 pm – Capacity Utilization Rate (M)
USD : 09:15 pm –  Industrial Production m/m (M)
USD : 09:55 pm –  Prelim UoM Consumer Sentiment (H)
USD : 09:55 pm – Prelim UoM Inflation Expectations (L)

EUR/USD starting to bearish. Look the H1 & Daily Chart

Hour 1


I prefer to enter short position on rebound for today.

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  1. Dustin Rowray
    March 18th, 2010 at 00:59 | #1

    Do you feel this information could be beneficial for a newbie trader/investor like me? I’ve not had a lot of success yet but I’m determined to keep trying. One problem I find is that there are very many opposing opinions about a lot of issues. I try to read as many as I can and keep an eye out for those opinions that are generally stated. I figure that if a lot of people are saying the same thing, it’s reasonable to think there may be some truth in it.

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