Latest EUR/USD Analysis - July 18 2009
Posted by Asad Ali
I've got a new trading video for you to watch this weekend. It's been created by Adam Hewison (from Marketclub) and in this video Adam discusses where he thinks the EUR/USD is headed in the coming weeks and months.
As it turns out he is actually bullish on this pair and for what it's worth I'm in agreement with him on this one. My own view is that the upside still prevails because not only is the weekly Supertrend still indicating a bullish trend, but on the daily chart the Supertrend indicator is positive (and rising) and the EMA (200) is still trending upwards.
