EURUSD pair has been falling after the Italy downgrade. So we have seen Euro falling towards 1.40 level from 1.4575 level this is about 500 pips fall so our near term outlook is now bearish. Fundamentals has weaken for the EURO as Italy debt crisis has now emerged as one of the big issue for EURO, so this can be the bad news for the market participants. So trading with the trend we are only ... [Continue Reading]

Most liquid and most trending currency pair is EURUSD, Euro is also known as anti dollar currency. Today's trading technical analysis (tips) for EUR/USD 4 July 2011, we recommend, enter long position (buy) in EURUSD above 1.4565 for target of 1.4595 and 1.4635 also place protective stop loss below 1.4545. Reason to trade long: EURUSD pair has rallied from the 1.4100 level and we have seen the ... [Continue Reading]