Tag: eurusd

Don't Expect the News to Tell You Where EUR/USD Is Going Next

Posted on by The INO.com Team

By Elliott Wave International

On December 27, EUR/USD shot up as high as $1.3283. Forex news headlines were quick to comment:

"Dec 27 - The euro slightly extended gains against the dollar after strong U.S. new home sales data last month further lifted the market's appetite for riskier currencies."

But after EUR/USD hit that high, it promptly reversed and fell back down to the $1.3200 level, where it had been stuck all week.

You may ask: What happened to that "appetite for riskier currencies"? Continue reading "Don't Expect the News to Tell You Where EUR/USD Is Going Next" →

Chart to Watch

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the EURUSD - Euro VS, Dollar (EURUSD) Continue reading "Chart to Watch" →

Are You Bullish or Bearish the EURO vs the U.S. Dollar. Your input is needed

Posted on by The INO.com Team

What do you think is going to happen to the EURO vs the U.S. Dollar in the next month? Today on our 1 pm update we will be looking into the trend of the EURO and point out some very interesting traits about the Forex markets.

Please feel free to vote and add your comments.

Every Success,

The MarketClub Team

 

 

Adam's 5 Big Market Predictions for 2011

Posted on by The INO.com Team

It's that time of year again when everyone who is considered an "expert" comes out of their ivory towers and makes their annual market predictions for the New Year.

It's time to kiss those predictions goodbye.

I can honestly say that I wish I had a crystal ball like these other forecasters, but that's not quite how the markets work. You see, markets don't give a "Rats A**" about what forecasters say or what predictions economists make. The market is the only true voice out there.

Think about that for a moment. How many predictions do you remember that were even close to being spot on a year in advance? I remember several forecasts for 2010 and most of them were far from accurate.

Does it make any sense to trade on a year-end forecast, not knowing what can happen in this crazy world we live in? It doesn't make any sense to me or to other professional traders who never trade based on year-end predictions.

So let's get back to reality and take a look back on 2010 to see what the big trends are showing for 2011.

Continue reading "Adam's 5 Big Market Predictions for 2011" →

We follow-up on last week's euro video

Posted on by The INO.com Team

Late last week we produced a video on the euro (which was posted on our blog on Monday), making a case that the currency was very close, if not at its highs. Since then, we have had two significant events fall into place which made the dollar skyrocket against the euro.

My new video shows you exactly what transpired and where we are so far this week. I think you'll find it interesting and informative.

As always our videos are free to watch and there is no need for registration.

I would appreciate that if you have comments on this market that you please leave them on the blog for everyone to see.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub