Euro USD: Euro USD Currency Futures: Night Market Update 3/7/10
Posted by: Richard Estrada // Category: Euro USD Futures
Currency traders start off Sunday pushing the Euro USD higher. The 60-minute chart of the March 2010 Euro USD Euro Currency Futures (see chart below) clearly illustrates the market pushing off from the key areas of technical support. Currency Traders should also note above 1.3668 is a area I consider shallow in regard to concentrated volume, which in my technical opinion may help exaggerate the early up move.
So, the question for currency traders tonight is will this rally continue, or is it an opportunity to get short the Euro USD Currency Futures? To get a live night market update simply sign up for a late night Live Market Update.
If you would like to talk about my strategic analysis in further detail, simply schedule a Private Presentation. And Discover the Potential of Day Trading Futures and determine for yourself if it’s worth the Financial Risk.
Opinions expressed are subject to change without notice. I make no promises or guarantees implied or otherwise that utilizing short-term trading strategies will result in profits or limited losses. There is significant risk of financial loss in trading futures; therefore you should carefully consider whether trading futures is right for you in light of your financial condition
Tags: day trading futures, Euro Currency futures, Euro Futures, Euro USD