EURUSD The Euro was slightly weaker Vs the U.S. dollar on yesterday but it managed to recover during today’s Asian session, testing the resistance in the 1.3200 area at the time of this writing. Support is seen at 1.3150 backed by 1.3120 and 1.3080. Resistance starts at 1.3210 followed by 1.3245 and 1.3290. Bullish sentiment Read More
Thursday 12.21.2006
EURUSD daily report, by Liviu Flesar The Euro retraced on yesterday, reaching the 50 fib of the 1.3083-1.3245 move seen 2 days ago. Support was formed at 1.3160 which is backed by 1.3120 and 1.3080. Resistance emerges at 1.3195 followed by 1.3220 and 1.3245. While the 1.3160 support holds, fresh tests aiming into the higher Read More
Friday 12.15.2006
EURUSD The Euro declined and reached lows in the 1.3140 area on yesterday, level where it also found support. Judging by the look of the daily charts, on which the sentiment is bearish, we could expect the current Euro decline to continue towards the lower half of 1.30. Support is currently seen at 1.3140 backed Read More
Thursday 12.14.2006
EURUSD The support level at 1.3265 couldn’t hold and the Euro declined on yesterday, testing bids in the 1.3190 area. Support is now seen at 1.3195 backed by 1.3175 and 1.3130. Resistance emerges at 1.3225 followed by 1.3265 and 1.3290. bearish sentiment is noticed on the daily studies while the hourlies are slightly bullish. If Read More
Wednesday 12.13.2006
EURUSD daily report, by Liviu Flesar Being well supported in the 1.3215 area, the Euro managed to climb past the 1.3265 resistance on yesterday, level where it also established intraday support which is being tested now, at the time of this writing. Even though the pair closed slightly higher than 2 days ago, the daily Read More
Tuesday 12.12.2006
EURUSD The Euro recovered some of its recent losses Vs. the U.S. dollar on yesterday by managing to climb back into the 1.32 area, testing offers at 1.3266 on late US session. Support is seen at 1.3230 backed by 1.3185 and 1.3130. Resistance emerges at 1.3265 followed by 1.3325 and 1.3365. Daily momentum is slightly Read More
Monday 12.11.2006
EURUSD daily report, by Liviu Flesar Large moves were seen on Friday, when the Euro failed to break 1.3360 and declined towards the bottom of the 1.32 area where it found intraday support at 1.3200. The said support couldn’t hold and the Euro decline resumed, testing bids at 1.3130 during today’s Asian session. Looking on Read More
Friday 12.08.2006
EURUSD The Euro failed to break 1.3320 on yesterday and traded in a narrow range on 50 pips closing slightly lower. Daily momentum lost strength over the last 4 days but the upside is still favored. Hourly sentiment is neutral. Good support is noticed at 1.3275 backed by 1.3255 and 1.3200. Resistance is seen at Read More
Thursday 12.07.2006
EURUSD The U.S. dollar recovered slightly Vs. the Euro on yesterday, testing bids in the 1.3255 area but both 1.3255 and 1.3275 support levels seemed strong so far and the lower half of 1.32 remains intact. Resistance is seen at 1.3320 followed by 1.3345 and 1.3360. Large moves are possible today due the ECB and Read More
Wednesday 12.06.2006
EURUSD Supported by 1.3295 during the last 2 days, the Euro established highs in the 1.3360 area and while the said support holds, 1.34 seems a decent target on the upcoming trading sessions. Support backs 1.3295 at 1.3275 and 1.3220. Resistance emerges at 1.3360, 1.3400 and 1.3450. Bullish momentum is formed on both hourly and Read More
Monday 12.04.2006
EURUSD The U.S. dollar extended its recent losses accross the board. The Euro reached fresh highs on Friday, testing offers in the 1.3365 area. Support is formed by 1.3305 backed by 1.3275 and 1.3220. Resistance emerges at 1.3365 followed by 1.3400 and 1.3480. Bullish momentum is formed on the daily studies while the hourlies are Read More
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