EURUSD daily report, by Liviu Flesar The Euro breached 1.32 on yesterday and tested bids in the 1.3255 area before it declined towards the 1.3210 mark. Support is formed by 1.3200 backed by 1.3175 and 1.3155. Resistance emerges at 1.3225 followed by 1.3255 and 1.3290. Daily sentiment is bullish, hourly is bearish. While 1.32 holds, Read More
Tuesday 02.27.2007
EURUSD The Euro failed to break 1.32 on yesterday but it was the second test in the same day so the clues about a potential break are quite clear and it may happen really soon, if the lower half of 1.31 will remain intact. Currently, support is seen at 1.3155 backed by 1.3140, 1.3125 and Read More
Monday 02.26.2007
EURUSD The Euro managed to bring 1.32 on focus once again as it rose after finding good support in the 1.3100 area. Support is nowseen at 1.3160 backed by 1.3145 and 1.3110. Resistance starts at 1.3200 and is followed by 1.3245 and 1.3290. While the lowerhalf of the 1.31 area remains intact and 1.3160 holds, Read More
Friday 02.23.2007
EURUSD The Euro closed slightly lower vs the U.S. dollar on yesterday, being well supported by 1.3080. Support backs 1.3080 at 1.3050 and 1.3020. Resistance is seen at 1.3125 followed by 1.3145 and 1.3190. A close below 1.31 would confirm a bearish sentiment on the daily charts. The hourlies are neutral. We expect 1.3080 to Read More
Thursday 02.22.2007
EURUSD The Euro refused to break the first intra-day resistance at 1.3155 and traded between the narrow range of 1.3110 and 1.3150, giving signs of a potential decline towards the first important support seen at 1.3090. While the mentioned support holds, there are good chances of a resume of the uptrend along with tests of Read More
Wednesday 02.21.2007
EURUSD After the failed attempt of breaking 1.32, the Euro declined and found support at 1.3130 which is backed by 1.3090 and 1.3020. Resistance is seen at 1.3150 followed by 1.3170 and 1.3190. Daily sentiment is bullish and hourly is neutral but while the zone below 1.3130 remains intact, the consolidation started on yesterday may Read More
Friday 02.16.2007
EURUSD daily outlook, by Liviu Flesar The Euro couldn’t find support on the second half of the 1.31 area on yesterday after it tested bids in the 1.3170 area and declined, ending the day around the same 1.3130 mark where it started. Support is seen at 1.3115 backed by 1.3075 and 1.3020. Resistance starts at Read More
Thursday 02.15.2007
EURUSD The Euro managed to get past the set of barriers in the 1.3050 area, exiting the mid-term range and establishing support in the lower half of the 1.31 area. Support is now seen at 1.3115 backed by 1.3075 and 1.3020. Resistance is noticed at 1.3150 followed by 1.3180 and 1.32. Both daily and hourly Read More
Tuesday 02.13.2007
EURUSD The Euro traded in a narrow range of 20 pips after it declined on yesterday and it found support at 1.2955. Support backs 1.2955 at 1.2940 at 1.2915. Resistance is seen at 1.2970 followed by 1.2980, 1.3 and 1.3035. While the lower zone remains intact, below 1.2950, a potential recovery aiming towards the 1.3 Read More
Friday 02.09.2007
EURUSD The Euro recovered after it declined into the 1.2970 area on yesterday, testing bids around the 1.3040 mark. Support is formed by 1.3025 backed by 1.3005 and 1.2975, lower. Resistance starts at 1.3043 followed by 1.3065 and 1.31. Daily sentiment is bullish and hourly is neutral. While the first two support levels hold, we Read More
Wednesday 02.07.2007
EURUSD Being supported by 1.2915, the Euro recovered and managed to gain 80 pips Vs. the U.S. dollar, testing bids in the 1.2990 area on yesterday. resistance is now seen at 1.2990 followed by 1.3035 and 1.3060. Support starts at 1.2970 backed by 1.2950 and 1.2915. While the higher 2 support levels hold, we may Read More
Tuesday 02.06.2007
EURUSD daily report, by Liviu Flesar The Euro resumed the decline after it failed to break 1.2965 and it found support at 1.2915, level which is being tested at the time of this writing. It seems that more and more pressure is put on the 1.28 zone and a test of 1.2860 is highly possible. Read More
Monday 02.05.2007
EURUSD The NFP release on Friday encouraged the U.S. dollar to get past the barriers in the 1.3 area and the higher half of 1.29. The pair declined and reached lows around 1.2930 during today Asian session. Support is now seen at 1.2925 backed by 1.29 and 1.2860. Resistance starts at 1.2950 and it is Read More
Friday 02.02.2007
EURUSD The Euro is orbiting around 1.3020 since yesterday after the failed test of 1.3045. Good intraday support is formed at 1.3 backed by 1.2980, 1.2950 and 1.2925. Resistance is seen at 1.3045 followed by 1.3075 and 1.3130. Daily sentiment is bullish, hourly is neutral and large moves are expected today due the NFP release Read More
Thursday 02.01.2007
EURUSD The Euro managed to breach the key resistance at 1.3 on yesterday and established support at 1.3020. Support follows 1.3020 at 1.2980, 1.2950 and 1.2925. Resistance starts at 1.3037 followed by 1.3045, 1.3075 and 1.3130. Daily sentiment is currently bullish due the close above 1.3 but a breach of 1.3045 is needed to confirm Read More
Warning: All the information on this site is provided "as is" for INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY, not intended for trading purposes or advice.
Bear in mind that you are the only one responsible for your own trades. If you follow anyone else expecting to replicate his results, then you are doing something wrong.
Forex Trading is speculative, involves significant risk of loss and is not suitable for everyone (Full Disclaimer) - (Terms of Use)
This work by innerfx.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Permissions beyond the scope of this license may be available at http://www.innerfx.com/terms-of-use.