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 1.3220 are possible. Current Read More
Tuesday 11.28.2006
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 1.3050 and 1.2980. Daily Read More
Monday 11.27.2006
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 is moderately bearish due Read More
Friday 11.24.2006
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 are favoring the upside Read More
Thursday 11.23.2006
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, 1.2845 and 1.2800. Resistance Read More
Wednesday 11.22.2006
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 at 1.2875 followed by Read More
Tuesday 11.21.2006
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. Resistance emerges at 1.2850, Read More
Monday 11.20.2006
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 the support at 1.2800 Read More
Friday 11.17.2006
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 1.2800 followed by 1.2830 Read More
Thursday 11.16.2006
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, medium term resistance is Read More
Wednesday 11.15.2006
EURUSD The Euro failed to get past 1.2870 on yesterday and fell back into the area where it started to climb during the Asian session. Support is seen at 1.2800 and it’s being tested now. Lower, support is seen at 1.2750, 1.2700 and 1.2660. Resistance is formed at 1.2845 and 1.2875. A potential break of Read More
Tuesday 11.14.2006
EURUSD The Euro lost some ground Vs the U.S. dollar on yesterday but faced good support at 1.2800. A potential break of 1.2800 may bring the next support levels on focus, those being seen at 1.2750 and 1.2700. On the other side, resistance is formed by 1.2845 followed by 1.2875 and 1.2900. Both hourly and Read More
Monday 11.13.2006
EURUSD The Euro established a fresh high at 1.2900 on Friday and managed to find support at 1.2845 after. A test of the resistance levels formed by the yearly highs, at 1.2940 and 1.2980, look highly possible as long as the lower area of 1.28 remains intact. Support is currently seen at 1.2845 backed by Read More
Friday 11.10.2006
EURUSD daily report, by Liviu Flesar The Euro managed to achieve what it couldn’t during the previous month by breaking 1.2830. Not only that the strong barrier was broken but support has also been found at 1.2820 as the Euro settled successfuly above the said support. Support backs 1.2820 at 1.2800 and 1.2750. Lower, it Read More
Thursday 11.09.2006
EURUSD The Euro closed lower Vs the U.S. dollar on yesterday after failing to settle above the 1.2800 level. The lower half of 1.27 remained intact so far and while it does, we will be looking forward for new tests of 1.2800/1.2830. Support is formed by 1.2750 backed by 1.2700 and 1.2660. Resistance emerges at Read More
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