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Wednesday 01.10.2007

EURUSD The Euro slipped below the support level at 1.2990 on yesterday, setting fresh monthly lows at 1.2953. Support is now seen at 1.2955 backed by 1.2900. Resistance starts at 1.2990 and is followed by 1.3020 and 1.3060. Daily bearishness remains intact while the hourly sentiment is slightly bullish due the current Euro retracement. We Read More

- Continue reading: Wednesday 01.10.2007

Tuesday 01.09.2007

EURUSD daily report, by Liviu Flesar On yesterday, the Euro recovered a bit of its recent losses Vs the U.S. dollar, testing offers in the mid 1.30′s. Support was found at 1.3020 and it is backed by 1.2990. Resistance is eyed at 1.3060 followed by 1.3105 and 1.3140. If the Euro will resume its recovery Read More

- Continue reading: Tuesday 01.09.2007

Monday 01.08.2007

EURUSD The U.S. dollar rallied Vs. the major currencies over the last 3 days and tested the psychological Euro support formed by 1.3. A potential break may extend the Euro losses towards the 1.28 area and lower. Support is now seen at 1.2990 backed by 1.2960. Resistance emerges at 1.3020 followed by 1.3060 and 1.3105. Read More

- Continue reading: Monday 01.08.2007

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