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Tuesday 03.06.2007

EURUSD The Euro failed to hold above the support level at 1.3125 on yesterday and resumed its decline reaching lows below the 1.3080 mark. Support is now seen at 1.3075 backed by 1.3040 and 1.3020. Resistance starts at 1.3115 followed by 1.3145, 1.3170 and 1.3200. Daily sentiment is bearish and hourly studies are slightly bullish. Read More

- Continue reading: Tuesday 03.06.2007

Monday 03.05.2007

EURUSD The Euro declined during today’s Asian session and reached lows on the support level at 1.3125. Support backs 1.3125 at 1.3100 and 1.3075. Resistance emerges at 1.3170, 1.3200 and 1.3240. Slightly bearish momentum is now set on the daily charts. Hourly studies are bearish too. If 1.3100 remains intact, a recovery towards the 1.3180 Read More

- Continue reading: Monday 03.05.2007

Friday 03.02.2007

EURUSD None of the support levels in the 1.32 area and at 1.3185 could hold and the Euro declined, setting the daily lows at 1.3155 then it managed to recover slightly. Support is now seen at 1.3165 backed by 1.3155 and 1.3120. Resistance is noticed at 1.3185, 1.32 and 1.3240. If 1.3155 holds, 1.32 may Read More

- Continue reading: Friday 03.02.2007

Thursday 03.01.2007

EURUSD The Euro closed slightly higher Vs the U.S. dollar on yesterday, being well supported in the 1.3185 area but it couldn’t reach the highs set 2 days ago, in the 1.3255 zone. Support is formed by 1.3216 backed by 1.3200, 1.3185 and 1.3155. Resistance is seen at 1.3235 followed by 1.3255 and 1.3290. Daily Read More

- Continue reading: Thursday 03.01.2007

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