Victoria Forex

Friday, 31 October 2014

The FOMC Statement Certainly Had An Effect

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The FOMC statement certainly had an effect because EUR/USD fell and fell hard without even reaching the resistance at 1.2830 first. ...
6 comments:
Thursday, 30 October 2014

Exxon Mobil Corporation Revenue and EPS Forecast

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Considering that the third quarter of the fiscal year is ending, companies are releasing their earnings reports. For example, on Oct 31...
8 comments:
Wednesday, 29 October 2014

EUR/USD Still Climbing Slowly

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EUR/USD is still climbing slowly after breaking above 1.2750 and heading for target 1.2800 – 1.2830. There will be FOMC news later t...
5 comments:
Tuesday, 28 October 2014

Correction Continues for EUR/USD

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Correction continues for EUR/USD. After the slight drop last week, the pair formed a doji candlestick on the daily filter chart ...
6 comments:
Monday, 27 October 2014

An Uneventful Monday After an Uneventful Friday

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On Friday I had hopes that perhaps the beginning of the new week would mean that EUR/USD would become a little more volatile than i...
8 comments:
Friday, 24 October 2014

EUR/USD Range

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As I feared yesterday range did begin for EUR/USD. The pair has barely moved in the past day or so and at this point I am feeling prett...
6 comments:
Thursday, 23 October 2014

Support at 1.2630

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EUR/USD was descending but encountered support at 1.2630 , which was expected, just as it was expected to bounce back a bit from it....
6 comments:
Wednesday, 22 October 2014

EUR/USD Could Not Break Above The Support

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EUR/USD could not break above the resistance level at 1.2840 after spending days testing it, and eventually began descending agai...
5 comments:
Tuesday, 21 October 2014

EUR/USD Keeps Testing The Resistance

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EUR/USD keeps testing the resistance at 1.2840 but it cannot seem to break above it despite days of testing it. I think I am getting...
6 comments:
Monday, 20 October 2014

Was That Hanged Man Candlestick A False Signal?

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Back on Friday EUR/USD formed a hanged man candlestick on the daily filter chart right under the resistance level at 1.2840, so at t...
4 comments:
Friday, 17 October 2014

Is This The End of the EUR/USD Correction?

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EUR/USD formed a hanging man candlestick pattern in the daily filter chart, which is usually a signal for reversal. Also, there is a...
6 comments:
Thursday, 16 October 2014

The EUR/USD Correction Still Continues

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After EUR/USD broke above the resistance level at 1.2700 and peaked to 1.2885 we are now seeing some retracement back to 1.2700, wh...
4 comments:
Wednesday, 15 October 2014

The EUR/USD Correction Continues

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Not only did EUR/USD reach the target at 1.2850 but it broke above that level and reached 1.2887. I admit that I did not expect it w...
6 comments:
Tuesday, 14 October 2014

Range Continues for EUR/USD

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EUR/USD has been glued to the middle band of the Bollinger Bands indicator on the daily filter chart for six days now and range ...
8 comments:
Monday, 13 October 2014

Another Slow Monday for EUR/USD

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It is Monday and as usual nothing interesting happens on Monday. The market appears quite calm and the EUR/USD correction slowly con...
7 comments:
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