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Friday 06.29.2007

EURUSD The dollar gained versus the Euro on yesterday after the Euro failed to break 1.3470 but the Euro recovered most of its yesterday losses during today’s Asian session. Support is formed by 1.3430 then 1.3415 and 1.3390. Resistance emerges at 1.3457 followed by 1.3470 and 1.3520. The daily sentiment is bullish to neutral while Read More

- Continue reading: Friday 06.29.2007

Thursday 06.28.2007

EURUSD The Euro declined during the EU session on yesterday reaching lows in the 1.3415 area and recovered later by climbing towards the 1.3460 mark where it is seen at the time of this writing. Support is noticed at 1.3440 backed by 1.3415 and 1.3395. Resistance emerges at 1.3470 followed by 1.3520 and 1.3550. Momentum Read More

- Continue reading: Thursday 06.28.2007

Wednesday 06.27.2007

EURUSD The Euro failed to break 1.3470 and it remained into the range of 1.3435-1.3470 on yesterday, now testing the support at 1.3435. Support follows 1.3435 at 1.3395 and 1.3370. Resistance emerges at 1.3470 followed by 1.3520 and 1.3550. Daily momentum is bullish and it won’t change if the 1.3435 and 1.3395 will remain intact. Read More

- Continue reading: Wednesday 06.27.2007

Tuesday 06.26.2007

EURUSD The Euro moved on a narrow range between the resistance at 1.3470 and the first support at 1.3435 on yesterday, closing the day slightly lower versus the dollar. Support is formed at 1.3435 backed by 1.3395 and 1.3370. Resistance emerges at 1.3470 followed by 1.3520 and 1.3550. Daily sentiment is bullish and remains intact Read More

- Continue reading: Tuesday 06.26.2007

Monday 06.25.2007

EURUSD The Euro held firmly above 1.34 versus the dollar and climbed towards the 1.35 mark by breaking 1.3435. Support is now formed by 1.3435 backed by 1.3395 and 1.3370. Resistance is noticed at 1.3470 and it is being tested now followed by 1.3520 and 1.3550. The daily momentum is bullish and gaining strength while Read More

- Continue reading: Monday 06.25.2007

Friday 06.22.2007

EURUSD The Euro failed to break 1.3400 on yesterday and declined setting the daily lows into the 1.3370 area. It recovered later and now it is testing 1.3400 once again. Support is seen at 1.3380 backed by 1.3370 and 1.3330. Resistance starts at 1.3405 followed by 1.3415 and 1.3435. Daily sentiment is slightly bullish, hourly Read More

- Continue reading: Friday 06.22.2007

Thursday 06.21.2007

EURUSD The Euro failed to break 1.3435 and after several tests it declined to the 1.3380 area where the 1.3385 support level held and the Euro recovered slightly, trying to climb above 1.3400 at the time of this writing. Support is currently seen at 1.3385 backed by 1.3340 and 1.3315. Resistance starts at 1.3415 followed Read More

- Continue reading: Thursday 06.21.2007

Wednesday 06.20.2007

EURUSD The dollar gained Vs the Euro on yesterday but the support at 1.3385 held and the Euro recovered setting highs at 1.3335 on today’s Asian session. Support is currently seen at 1.3420 followed by 1.3400, 1.3385 and 1.3330. Resistance starts at 1.3435 and it is followed by 1.3470 and 1.3520. Momentum is bullish on Read More

- Continue reading: Wednesday 06.20.2007

Tuesday 06.19.2007

EURUSD The Euro resumed its climbing towards the mid 1.34 area after it found good support at 1.3385 and 1.3405. Support is currently seen at 1.3405 backed by 1.3385 and 1.3330. Resistance starts at 1.3430 and it is followed by 1.3470 and 1.3520. Daily sentiment is bullish, hourly is neutral at the time of this Read More

- Continue reading: Tuesday 06.19.2007

Monday 06.18.2007

EURUSD The Euro recovered on Friday and it is now near the 1.34 mark, being well supported by the long-term barrier at 1.3265. Support is currently seen at 1.3370 backed by 1.3330 and 1.3290. Resistance starts at 1.3405 followed by 1.3440 and 1.3470. Daily sentiment is bullish, hourly is neutral at the time of this Read More

- Continue reading: Monday 06.18.2007

Friday 06.15.2007

EURUSD After setting the daily lows below 1.3300, the Euro found good support at 1.3300 and stabilized near the 1.3315 resistance which was also a good barrier during the last 2 days. Finally, it managed to break the said resistance during today’s Asian session, action which points our attention higher expecting the Euro to resume Read More

- Continue reading: Friday 06.15.2007

Thursday 06.14.2007

EURUSD The Euro managed to set a fresh multi-week low at 1.3262 on yesterday but soon recovered and broke 1.3300 where it is stabilized at the time of this writing. Support is now seen at 1.3300 backed by 1.3285, 1.3265 and 1.3250. Resistance emerges at 1.3315, 1.3330 and 1.3350. Daily sentiment is bearish, hourly is Read More

- Continue reading: Thursday 06.14.2007

Wednesday 06.13.2007

EURUSD The Euro fell under the 1.3330 mid-term support and stabilized near the 1.3300 mark, establishing a fresh low at 1.3285 during the Asian session. Support is seen at 1.3285 backed by 1.3250. Resistance is formed by 1.3330 followed by 1.3370 and 1.3430. Daily sentiment is bearish, hourly is slightly bullish. The pair failed to Read More

- Continue reading: Wednesday 06.13.2007

Tuesday 06.12.2007

EURUSD The pair traded in a narrow range of 30 pips on yesterday and it’s been well supported by the mid-term support at 1.3330, stabilizing on this morning in the 1.3360 area. Support is noticed at 1.3330 backed by 1.3285 and 1.3250. Resistance emerges at 1.3370 followed by 1.3390 and 1.3430. While the daily momentum Read More

- Continue reading: Tuesday 06.12.2007

Monday 06.11.2007

EURUSD The dollar advanced Vs the Euro on Friday and the daily low has been set at 1.3320, this way setting a fresh multi-week low. Support is currently noticed at 1.3320 backed by 1.3285 and 1.3250. Resistance emerges at 1.3370 followed by 1.3390 and 1.3430. Daily sentiment remains bearish, hourly momentum being neutral at the Read More

- Continue reading: Monday 06.11.2007

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