20080811 0642 GMT. The weekly chart of eurusd shows the break of the previous support. This confirms the bearish trend for euro vs the us dollar. For position traders look for retracement to 1.53-1.54 for the entry into short positions.

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20080811 The US dollar had its biggest one day gain since 2002 on Friday, vindicating our view on the eurusd falling. Where to from here? We might need to take a step back and look at the weekly charts for clues.

EURUSD chart
USDJPY chart
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20080808 Opening of Olympic games today! Meanwhile, the eurusd makes a move in Asian trading to continue the downtrend.

EURUSD chart
USDJPY chart
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20080806 eurusd continues on downwards after the FOMC held rates unchanged. If this downtrend is strong, we still have opportunity to add on.

EURUSD chart
USDJPY chart
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20080805 Early morning London trade sees the eurusd continuing the downtrend as expected form the analysis last week.

EURUSD chart
USDJPY chart
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20080801 Eurusd is still in downtrend. What will delineate the downtrend and determine the strength of the trend. The trendline on the 60 min eurusd chart holds the key for entries.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart