Bearish week for Euro?

Posted on January 10th, 2009 in Trading Journal

I am wondering are we heading to a negative week for Euro? At least my trading idea box is calling a short now. We have Euro-Zone Industrial Production, CPI, Trade Balance figures etc coming. Generally, it looks bearish. Let’s see how it goes.

Let’s have a look at the chart. (click to view full chart)

Here is the statistics

euro_trend

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From the desk of Tradergav.com

Tags: EURUSD, FX, Trading Journal

Formerly ADD Trader

You have great analysis Gav. You are the trader I wish I could be. I always wanted to trade currencies, but I know better, and just stay in my equities sandbox......

Formerly ADD Trader

Gav

FXCM? or..you mean the daily fx automated signal things... yeah, let's see how it goes.

Have a good trading week ahead!

zaidon

Hello Gav.. the fxcm automated trading also signals for sell.. so let see where the the price will go..

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