Euro Could Be Threatening A Break To Fresh Yearly Highs

07 May 2014 06:43 BST · Time Estimate: 0 seconds ·

Forex Daily Analysis 7th May 2014

The Euro has been well bid in recent sessions and could be threatening a break to fresh yearly highs. However, any gains are still see well offered into the 1.4000 area and I wouldn't be surprised to see another topside failure ahead of a resumption of the longer-term downtrend off of the 2008 record highs. 

Don't get sucked into Euro gains. @jkonfx

Trade Journal Performance 2016

+69.95%


+25.46% (2015) and +8.94% (2014) Launch July

View Trade Journal