EURUSD After declining and testing the 1.3600 support, the Euro recovered and went back into the 1.3660 area, close to the 1.3680 resistance which couldn’t be broken yet. Support is now seen at 1.3645 backed by 1.3620 and 1.3600. Resistance starts at 1.3680 and it is followed by 1.3710 and 1.3725. Daily sentiment remains bullish Read More
Thursday 08.30.2007
EURUSD The Euro recovered on yesterday but the resistance at 1.3680 remains intact. Support is now formed at 1.3645 backed by 1.3620 and 1.3600. Resistance emerges at 1.3660 followed by 1.3680 and 1.3705. Daily sentiment is bullish while the hourly is bearish at the time of this writing. If the Euro will get past the Read More
Wednesday 08.29.2007
EURUSD The Euro failed to get past the 1.3680 resistance on yesterday and declined, reaching 1.3562 on today’s Asian session. Support is now seen at 1.3580 backed by 1.3562 and 1.3520. Resistance starts at 1.3600 and it is followed by 1.3635 and 1.3680. Daily bullishness remains intact, hourly sentiment being slightly bullish at the time Read More
Tuesday 08.28.2007
EURUSD The dollar recovered on yesterday and resumed its recovery overnight, bringing the 1.3620 support into our attention at the time of this writing. Support starts at 1.3620 and it is backed by 1.3600, 1.3580 and 1.3550. Resistance is noticed at 1.3655 followed by 1.3685. Daily sentiment is bullish and will remain intact while the Read More
Monday 08.27.2007
EURUSD The Euro rallied vs the dollar on Friday and managed to get past the 1.3600 mark, getting closer to the 1.37 area and finding support at 1.3660. Support is seen at 1.3660 backed by 1.3620 and 1.3600. Resistance starts at 1.3685 and it is followed by 1.3700 and 1.3725. The daily sentiment is bullish, Read More
Friday 08.24.2007
EURUSD The Euro avanced higher and aimed towards the 1.3600 mark on yesterday, being supported by 1.3535 and closing slightly higher. Support is now formed by 1.3555 backed by 1.3535 and 1.3515. Interim resistance starts at 1.3570 followed by 1.3590, 1.3605 and 1.3640. Daily sentiment is slightly bullish, yet not confirming a full reverse but Read More
Thursday 08.23.2007
EURUSD Recovering and getting away from the 1.34 area, the Euro managed to break the 1.3515 and 1.3535 intra-day support levels on yesterday. Support is now seen at 1.3535 backed by 1.3515 and 1.3490. Resistance emerges at 1.3558 followed by 1.3600 and 1.3640. Daily sentiment is about to signal a reversal and turn bullish while Read More
Wednesday 08.22.2007
EURUSD The Euro faled to break the intra-day resistance at 1.3515 on yesterday and fell back intp the 1.3460 area. Support is now formed by 1.3460 backed by 1.3435 and 1.3400. Resistance starts at 1.3490 and it is followed by 1.3515 and 1.3545. Daily sentiment remains bearish and ther Euro has to stabilize above the Read More
Tuesday 08.21.2007
EURUSD The last trading sessions were quiet and the pair traded in a narrow range, being well supported by 1.3465. Support is seen at 1.3465 backed by 1.3435 and 1.3400. Resistance starts at 1.3490 and it is followed by 1.3515 and 1.3545. The daily sentiment is bearish, hourly studies being neutral at the time of Read More
Monday 08.20.2007
EURUSD The Euro recovered 100 points on Friday and found support in the 1.3500 area. Support is now formed at 1.3485 backed by 1.3465 and 1.3400. Resistance emerges at 1.3515 followed by 1.3545 and 1.3600. Daily momentum is bearish and it won’t be an easy task for the Euro to recover and signal a reversal. Read More
Friday 08.17.2007
EURUSD The Euro failed to fell below 1.3400 on yesterday and reached 1.3360 but recovered and managed to get back into the 1.34 area. Support is seen at 1.3400 backed by 1.3380 and 1.3360. Resistance starts at 1.3435 and it is followed by 1.3475 and 1.3500. Daily sentiment is bearish and hourly is neutral. The Read More
Thursday 08.16.2007
EURUSD The Euro continued to fall vs the US dollar and reached 1.3385 during today’s Asian session. Support is now set at 1.3385 backed by 1.3340 and 1.3305. Resistance is seen at 1.3435, 1.3475 and 1.3500. Daily sentiment is bearish and the Euro needs to rally quite a bit in order to signal a reversal. Read More
Wednesday 08.15.2007
EURUSD The Euro fails to give any sign of recovery and extended its decline for another 100 points on yesterday, getting below last month’s lows during today’s Asian session. Support is now seen at 1.3480 backed by 1.3430 and 1.3375. Resistance starts at 1.3525 followed by 1.3565 and 1.3600. Momentum is bearish on both hourly Read More
Tuesday 08.14.2007
EURUSD The Euro declined on yesterday and reached the 1.3600 mark where it found support. Support is seen at 1.3600 backed by 1.3565 and 1.3525. Resistance emerges at 1.3640 followed by 1.3680 and 1.3705. Daily sentiment is bearish while the hourly is neutral. If the 1.3600 support holds, the Euro may recover and climb back Read More
Monday 08.13.2007
EURUSD The Euro recovered slightly on Friday but failed to find support above 1.3700. Support is now formed at 1.3680 backed by 1.3640 and 1.3600. Resistance emerges at 1.3705 followed by 1.3725 and 1.3760. Daily momentum is bearish while the hourly studies are slightly bullish at the time of this writing. The Euro sits on Read More
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