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Monday 04.30.2007

EURUSD The Euro rose and established a new all-time high on Friday, reaching 1.3680. Support is now seen at 1.3620 backed by 1.3600 and 1.3585. Resistance is noticed at 1.3650, 1.3680 and 1.3700. The upward trend will probably continue and the dollar will be put under heavy pressure once again, but the 1.35 area has Read More

- Continue reading: Monday 04.30.2007

Friday 04.27.2007

EURUSD The Euro declined on yesterday but the support at 1.3585 held so far. Support backs 1.3585 at 1.3555 and 1.3525. Resistance is noticed at 1.3605, 1.3635 and 1.3665. Daily sentiment is still bullish but it lost strength and a potential close below 1.3585 would signal a change. Hourly momentum is neutral. The pair would Read More

- Continue reading: Friday 04.27.2007

Thursday 04.26.2007

EURUSD The Euro reached 1.3665 on yesterday and it missed only a few pips in order to set up a new all-time record high against the U.S. dollar. However, it is not late to do so, since it managed to find support at 1.3635 which is pretty close to the 1.3665 barrier. Support backs 1.3635 Read More

- Continue reading: Thursday 04.26.2007

Wednesday 04.25.2007

EURUSD Since the support at 1.3555 held, the Euro rallied towards the Friday high at 1.3635 and managed to set a fresh high at 1.3643. Support is formed by 1.3620 backed by 1.3600, 1.3585 and 1.3555. Resistance emerges at 1.3643 followed by the all-time high at 1.3667 and 1.3700 higher. The Euro is getting closer Read More

- Continue reading: Wednesday 04.25.2007

Tuesday 04.24.2007

EURUSD The Euro failed to hold above the 1.3578 support level on yesterday and declined but it been well supported in the mid 1.35 area by the 1.3555 support level. Support backs 1.3555 at 1.3525 and 1.3500. Resistance is noticed at 1.3585 followed by 1.3600 and 1.3635. Daily sentiment is still positive but it lost Read More

- Continue reading: Tuesday 04.24.2007

Monday 04.23.2007

EURUSD The Euro failed to hold above 1.3600 on Friday after it established a fresh high at 1.3636 and it declined, closing in the 1.3600 area but resuming the decline during today’s Asian session. Support is now formed by 1.3578 which is being tested now, backed by 1.3555 and 1.3525. Resistance is formed by 1.3600 Read More

- Continue reading: Monday 04.23.2007

Friday 04.20.2007

EURUSD daily report, by Liviu Flesar A new day, a new high. That’s what we see on the EURUSD charts nowadays. The Euro closed slightly higher vs the U.S. dollar on yesterday and it established a fresh high at 1.3627. Support is currently formed by 1.3600 backed by 1.3578 and 1.3555. Resistance emerges at 1.3627 Read More

- Continue reading: Friday 04.20.2007

Thursday 04.19.2007

EURUSD The greenback remains under pressure and the Euro tests new territories pushing forward towards the 1.3670 area where the all-time record high is set. Support is currently formed at 1.3578 backed by 1.3555 and 1.3525. Resistance emerges at 1.3620 followed by 1.3650 and 1.3667. The support zone around 1.3580 is quite stable so far Read More

- Continue reading: Thursday 04.19.2007

Wednesday 04.18.2007

EURUSDThe Euro rallied against the U.S. dollar on yesterday, being well supported by 1.3525. The fresh high was set at 1.3594, a few pips below the psychological level of 1.3600. Support is now seen at 1.3578 backed by 1.3555, 1.3525 and 1.3500. Resistance emerges at 1.3600 followed by 1.3665. Both daily and hourly sentiment are Read More

- Continue reading: Wednesday 04.18.2007

Tuesday 04.17.2007

EURUSD The euro remains strong against the dollar after reaching a two year high at 1.3577. The pair retraced slightly on yesterday but it’s been well supported by 1.3540 and 1.3522 later. Support is currently formed by 1.3520 backed by 1.3500 and 1.3470. Resistance emerges at 1.3560 followed by 1.3577 and 1.3600. Daily bullishness remains Read More

- Continue reading: Tuesday 04.17.2007

Monday 04.16.2007

EURUSD The Euro continued to set fresh highs Vs the U.S. dollar on Friday and today’s Asian session, setting the current high at 1.3577. Support is seen at 1.3540 backed by 1.3520 and 1.3500. Resistance emerges at 1.3577 followed by 1.3600 and 1.3665. Daily sentiment is bullish, hourly is slightly bearish due to the current Read More

- Continue reading: Monday 04.16.2007

Friday 04.13.2007

EURUSD The Euro rose and breached the key barrier at 1.3500 on yesterday, establishing fresh highs at 1.3522 during today’s Asian session. Support was found at 1.3500 backed by 1.3470 and 1.3440. Resistance is emerging at 1.3522 followed by 1.3550 and 1.3570. Sentiment is bullish on both hourly and daily charts. The Euro may continue Read More

- Continue reading: Friday 04.13.2007

Thursday 04.12.2007

EURUSD The Euro has prepared to break 1.3440 on yesterday and it succeeded during today’s Asian session, establishing fresh highs near the 1.3470 mark. Support was found at 1.3455 backed by 1.3440, 1.3415 and 1.3400. Resistance emerges at 1.3466, 1.3480, 1.3500 and 1.3570. It is quite obvious that the 1.3665 high established on December 2004 Read More

- Continue reading: Thursday 04.12.2007

Wednesday 04.11.2007

EURUSD The Euro established fresh highs on yesterday reaching 1.3455 but it couldn’t find support at 1.3435, the first intraday resistance it had to break after it managed to climb back into the 1.34 area during yesterday’s Asian session. Support is now seen at 1.3415 which is a minor barrier established today, backed by 1.3400, Read More

- Continue reading: Wednesday 04.11.2007

Tuesday 04.10.2007

EURUSD Atfer trading into a narrow range on yesterday, the Euro rallied against the U.S. dollar during today’s Asian session. The pair managed to recover after the Friday’s decline and now it is back into the 1.34 area. Support is currently seen at 1.3400 backed by 1.3380 and 1.3350. Resistance emerges at 1.3435 followed by Read More

- Continue reading: Tuesday 04.10.2007

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