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    This blog consists of contributions from FXCM staff, executives and people that have a relationship with FXCM. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FXCM policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FXCM policy, please contact FXCM through the firm's official website, www.fxcm.com.
  • « Overleveraging in Forex | Home | Gimme a D, Gimme an I… »

    EURCHF - Pressure Mounting?

    By Eliseo Agas | July 19, 2007

    Contracting volatility and sellers being rejected from holding ground below the 1.6550 area several days in a row.

    Something has to give and my money is on the bulls. Let’s see if the the bears are still as committed with a break above the 1.6610 area.

    eurchf-0719.gif


    Tags: , , ,

    Topics: Better Use Charts - Use Charts Better |

    4 Responses to “EURCHF - Pressure Mounting?”

    1. EURCHF - Update | Forex Trading Blog Says:
      July 21st, 2007 at 8:26 am

      […] Well, looks like I got the upside action I was looking for but not exactly (see previous post). […]

    2. EURCHF - Closing Time? | Forex Trading Blog Says:
      July 24th, 2007 at 4:26 pm

      […] then I don’t believe we should see the pair drift back under the 1.66 figure (I originally posted on this when it was trading just under […]

    3. Better Use Charts - Use Charts Better » Blog Archive » EURCHF - Closing Time? Says:
      August 16th, 2007 at 1:34 pm

      […] side then I don’t believe we should see the pair drift back under the 1.66 figure (I originally posted on this when it was trading just under […]

    4. Better Use Charts - Use Charts Better » Blog Archive » EURCHF - Update Says:
      August 16th, 2007 at 1:39 pm

      […] Well, looks like I got the upside action I was looking for but not exactly (see previous post). […]

    Comments