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Feb,26 2009 1:30 PM Est.

Casey Stubbs --Winners Edge Trading

The Eur/Usd currency pair has been in a range trade from the very significant levels of 1.3000 to 1.2500. The market is unsure of which way to go given all of the bad economic news all over the world. As a result we have just been going back and forth until momentum begins to move one way or another. I cannot say what is going to happen as the economic world is uncertain right now and seems to become more so everyday.

Technical analysis is pointing to an area where the market must make a decision. We are hovering near the current lows and the market has not determined if it wants to continue the trend, break the support and create new ...

Feb 24, 2009 23:44 Est

Casey Stubbs-- Winners Edge Trading

The Euro/Usd Has reached a point where the pair has not had any clear direction in the past few trading sessions. However now we are forming a Descending triangle which usually indicates a further move to the downside. So watch for the pair to break out of the triangle.

Feb, 23 2009 3:04 PM Est.

Casey Stubbs- Winners Edge Trading

The Euro lost value in today's trading as investors bought the Dollar because of profit taking off of Fridays gains for the Euro.

The pair is currently testing the key support level of 1.2700 if the pair bounces of that level we could see further gains. Or if the pair goes through that level. We could see a downside target of 1.2550 again. Watch those levels then look for entries to find good trades.

Feb 20, 2009 8:00 pm Est.

Casey Stubbs- Winners Edge Trading

The week ended with a bang with a huge move with the Euro gaining 250 pips on the day. Is this a bull move for the Euro or just a correction in the current downward trend? What caused such a move and so fast? One report said that as the price begin to move higher the price was hitting stop losses which ignited a buying frenzy in the Euro. I tend to believe that because where else would all that money to move the Euro higher come in all of the sudden.

Or

Is it that finally the supply of Dollars is becoming abundant and that this has finally caught up to the Dollar and now we are going to see a massive sell of in the Dollar ...