EURUSD The Euro closed slightly higher Vs the U.S. dollar on yesterday after trading into a narrow range of 50 pips and resumed the climb during today’s Asian session. Support is seen at 1.3320 backed by 1.3300 and 1.3255. Resistance emerges at 1.3350 followed by 1.3375 and 1.3400. Daily sentiment is bullish and so are Read More
Thursday 03.29.2007
EURUSD The Euro tested 1.34 again on yesterday but it couldn’t climb higher than 1.3375 and declined, setting the daily lows at 1.3300. Support is now seen at 1.3300 backed by 1.3255. Resistance emerges at 1.3340, 1.3370 and 1.3400. Daily momentum is losing strength but it keeps a bullish flavour which would change if 1.3300 Read More
Wednesday 03.28.2007
EURUSD The Euro resumed its recovery started on monday and closed slightly higher Vs the U.S. dollar on yesterday. Support was found at 1.3343 backed by 1.3320 and the key support at 1.3255. Resistance is seen at 1.3365 followed by 1.3400. Daily sentiment is bullish while the hourly is neutral and a new test of 1.3400 Read More
Monday 03.26.2007
EURUSD The Euro slipped below the 1.33 mark on Friday, setting the daily lows in the 1.3260 area. Key support is formed by 1.3255 backed by 1.3210 and 1.3170. Resistance starts at 1.3300 and it is followed by 1.3340 and 1.3375. Daily sentiment lost strength but it is still bullish while the hourly is bullish Read More
Friday 03.23.2007
EURUSD The Euro couldn’t hold above the 1.3350 barrier on yesterday and it extended its retracement towards the lower area of the 1.33 area, setting the daily lows at 1.3310 before it found support at 1.3320. Support is currently seen at 1.3320 backed by 1.3290 and 1.3270. Resistance is noticed at 1.3350 followed by 1.3375 Read More
Thursday 03.22.2007
EURUSD The Euro rallied on yesterday and established record highs at 1.3410. Support is now formed by 1.3375, level which is being tested now at the time of this writing, backed by 1.3350, 1.3320 and 1.3290. Resistance is seen at 1.3410 followed by 1.3465. Daily sentiment is bullish, hourly is slightly bearish due to the Read More
Wednesday 03.21.2007
EURUSD The Euro closed slightly higher Vs the U.S. dollar on yesterday but the pair continues to trade into the 3 days range of 1.3275-1.3340. Support is now seen at 1.3310 backed by 1.3275 and 1.3230. Resistance emerges at 1.3325 followed by 1.3340. A new test of 1.3340 is possible while the 1.32 area remains Read More
Monday 03.19.2007
EURUSD The Euro rose to new highs which were set at 1.3338 on Friday but declined during today’s Asian session, reaching lows in the 1.3290 area at the time of this writing. Support is now formed by 1.3285 backed by 1.3265 and 1.3225. Resistance starts at at 1.3315, followed by 1.3340 and 1.3365. Daily sentiment Read More
Friday 03.16.2007
EURUSD The Euro established new highs for 2007 on yesterday, breaking the resistance levels at 1.3260 and 1.3290. Support is now formed by 1.3280 backed by 1.3245 and 1.3225. Resistance starts at 1.3310 and it is followed by 1.3360 and 1.3400. Both daily and hourly studies are bullish. The Euro climb may resume as long Read More
Thursday 03.15.2007
EURUSD The Euro resumed this week’s climb on yesterday and closed higher vs the U.S. dollar after it established the daily high at 1.3245. Support was found at 1.3215 and it is backed by 1.3200, 1.3175 and 1.3155. Resistance is noticed at 1.3245 followed by 1.3260 and 1.3290. Daily sentiment is bullish, hourly is neutral Read More
Wednesday 03.14.2007
EURUSD The Euro managed to close slightly higher Vs the U.S. dollar on yesterday and established new intra-day support at 1.3185. Support backs 1.3185 at 1.3155 and 1.3110. Resistance is seen at 1.3220 followed by 1.3260 and 1.3290.While the higher support levels hold and the lower half of the 1.31 area remains intact, the resistance Read More
Tuesday 03.13.2007
EURUSD The Euro rallied on yesterday and tested the barrier at 1.3200 but it couldn’t break it and retraced towards the 1.3170 level. Support is now seen at 1.3170 backed by 1.3145 and 1.3110. Resistance starts at 1.3200 and it is fallowed by 1.3245 and 1.3290. Daily momentum is slightly bullish while the hourly is Read More
Friday 03.09.2007
EURUSD The Euro declined and closed lower Vs the U.S. dollar on yesterday but it found support at 1.3115 and recovered half of its daily losses. Support is now seen at 1.3140 backed by 1.3115 and 1.3080. Resistance is seen at 1.3155 followed by 1.3170, 1.3185 and 1.3210. The NFP release today may cause large Read More
Thursday 03.08.2007
EURUSD The Euro recovered and climbed towards the 1.32 mark on yesterday, setting the daily highs at 1.3185. Support is now seen at 1.3165 backed by 1.3140 and 1.3110. Resistance is seen at 1.3185 followed by 1.3200 and 1.3240. While one of the higher support levels hold and the lower half of the 1.31 area Read More
Wednesday 03.07.2007
EURUSD daily report, by Liviu Flesar The Euro found good support at 1.3085 where it reversed on yesterday and managed to close slightly higher, in the 1.3130 area. Support is currently set at 1.3080 backed by 1.3040 and 1.3020. Resistance is seen at 1.3140 followed by 1.3170 and 1.3200. A close above 1.3140 may confirm Read More
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