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Archive for November, 2006

All entries filed under this archive


Wednesday 11.29.2006
no responses - Posted 11.29.06
EURUSD The Euro extended its gains against the U.S. dollar, testing offers in the 1.3220 area. Support is now formed by 1.3180 backed by 1.3160 and 1.3120. Resistance emerges at 1.3220 followed by 1.3270. Sentiment is bullish on both daily and hourly studies. While the 1.3170 resistance holds, new tests of ...continue
Tuesday 11.28.2006
no responses - Posted 11.28.06
EURUSD The Euro traded in a narrow range of 60 pips on yesterday, being well supported by 1.3100. While the said support holds, new tests of the resistance level at 1.3160 are highly possible. A break may bring 1.33 in focus, later. Resistance follows 1.3160 at 1.3180. Support backs 1.3100 at ...continue
Monday 11.27.2006
no responses - Posted 11.27.06
EURUSD The Euro rallied on Friday and got past both 1.3 and 1.31 marks, establishing highs in the 1.3160 area. Supprt was formed at 1.3100 and it is backed by 1.3050 and 1.2980. Resistance is seen at 1.3130 followed by 1.3160 and 1.3180. Daily sentiment is highly bullish while the hourly ...continue
Friday 11.24.2006
no responses - Posted 11.24.06
EURUSD The Euro traded in a narrow range on yesterday, bouncing on 1.2940 which seem to hold so far. While it holds, 1.3 may seem an easy target if only the resistance at 1.2975 would break. Support backs 1.2940 at 1.2900. Resistance follows 1.2975 at 1.3. Both daily and hourly momentum ...continue
Thursday 11.23.2006
no responses - Posted 11.23.06
EURUSD The Euro managed to get past the 1.2900 resistance and rose towards the mid 1.29 where it is still facing heavy medium term resistance at 1.2940. A potential break of 1.2940 may bring the psychological level of 1.3 on our attention. Support is now formed by 1.2900 backed by 1.2875, ...continue
Wednesday 11.22.2006
no responses - Posted 11.22.06
EURUSD The Euro extended its gains Vs the U.S. dollar, keeping the daily bullishness intact by breaking the 1.2845 resistance. While the lower half of 1.28 remains safe, we will be looking forward for tests of 1.29. Support is now seen at 1.2845 backed by 1.2830 and 1.2800. Resistance is seen ...continue
Tuesday 11.21.2006
no responses - Posted 11.21.06
EURUSD The Euro failed to pass 1.2850 on yesterday but it found good support at 1.2808. While it holds, new tests aiming towards the upper half of 1.28 and the 1.29 area are possible. Intraday support is formed by 1.2808, mid-term support is seen at 1.2800 backed by 1.2750 and 1.2700. ...continue
Monday 11.20.2006
no responses - Posted 11.20.06
EURUSD The Euro extended its gain VS the U.S. dollar on Friday, establishing support into the 1.28 area once again. Support is now seen at 1.2830 backed by 1.2800, 1.2750 and 1.2700. Resistance is formed by 1.2845 followed by 1.2875 and 1.2900. Bullish momentum remains intact on the daily charts. While ...continue
Friday 11.17.2006
no responses - Posted 11.17.06
EURUSD daily report, by Liviu Flesar The Euro stepped below 1.28 on today's Asian session reaching lows at 1.2761. Hourly sentiment is bearish while the daily is near a bearish confirmation in case of a close below 1.28 today. Support is now formed by 1.2750, 1.2700 and 1.2660. Resistance emerges at ...continue
Thursday 11.16.2006
no responses - Posted 11.16.06
EURUSD The dollar pressure almost brought the Euro into the lower 1.27 area on yesterday but it managed to reverse at 1.2775 and recovered, getting back where it started the day as the daily close was slightly higher. Intraday resistance is formed by 1.2830 followed by 1.2845, 1.2875 and 1.2900. Higher, ...continue


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