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Friday 09.28.2007

EURUSD The Euro advanced higher vs the greenback on yesterday and reached 1.4190 where the daily high was set, then retraced back into the 1.4140 area. Support is now formed at 1.4155. Subsequent floors are seen at 1.4130 and 1.4100. Resistance is emerging at 1.4175 followed by 1.4190. Momentum is positive on both hourly and Read More

- Continue reading: Friday 09.28.2007

Thursday 09.27.2007

EURUSD Yesterday was quiet and The Euro ranged within the 1.4110-1.4150 area. Support is now seen at 1.4130 backed by 1.4110, 1.4100 and 1.4060 lower. Resistance starts at 1.4150 and it is followed by 1.4165 and 1.4200. Daily sentiment is bullish. Momentum is positive on the hourly studies too. It seems that the Euro advances Read More

- Continue reading: Thursday 09.27.2007

Wednesday 09.26.2007

EURUSD The Euro extended its gains and reached 1.4160 on yesterday, finding support at 1.4130. Support follows 1.4130 at 1.4100 and 1.4060. Resistance starts at 1.4160 and it is followed by 1.4200. Daily sentiment remains bullish and it will most likely stay so during the next days of September, hourly momentum being slightly bearish at Read More

- Continue reading: Wednesday 09.26.2007

Tuesday 09.25.2007

EURUSD The Euro reached a new all-time high against the greenback on yesterday, at 1.4130 then retraced back into the 1.4070 area. Support is now formed at 1.4065 backed by 1.4040 and 1.4020. Resistance starts at 1.4085 and it is followed by 1.4100 and 1.4130. Daily sentiment is bullish while the hourly remains slightly bearish. Read More

- Continue reading: Tuesday 09.25.2007

Monday 09.24.2007

EURUSD After retracing towards 1.4040 on Friday, th Euro recovered and got past the 1.4115 resistance today, now being seen in the 1.4125 area. Support is formed at 1.4115 backed by 1.4085 and 1.4040. Resistance starts at 1.4130 and it is followed by 1.4165 and 1.4200. Daily sentiment remains bullish and we doubt it may Read More

- Continue reading: Monday 09.24.2007

Friday 09.21.2007

EURUSD The Euro rallied on yesterday and managed to get past the psychological barrier of 1.4 and established the daily highs close to the 1.4100 mark, at 1.4096 where it is also seen now. Support has been formed at 1.4060 backed by 1.3025 and 1.3970. Resistance emerges at 1.4100 and it is followed by 1.4180. Read More

- Continue reading: Friday 09.21.2007

Thursday 09.20.2007

EURUSD Yesterday was quiet and the Euro retraced a bit reaching 1.3940 but recovered soon, getting past the 1.3985 resistance at the time of this writing and preparing to test 1.4. Support is now seen at 1.3960 backed by 1.3940 and 1.3900. Resistance starts at 1.4 and it is followed by 1.4050. Both daily and Read More

- Continue reading: Thursday 09.20.2007

Wednesday 09.19.2007

EURUSD The Euro rallied on yesterday and got past the lower half of the 1.39 area, finding support at 1.3960. Support is now seen at 1.3960 backed by 1.3930 and 1.3900. Resistance emerges at 1.3985 followed by 1.40. Daily sentiment is bullish, hourly studies being quite bullish too. While the Euro holds above the 1.3960 Read More

- Continue reading: Wednesday 09.19.2007

Monday 09.17.2007

EURUSD Friday was quiet and the Euro ranged between 1.3840 and 1.3880. Support is now seen at 1.3855 backed by 1.3840 and 1.3800. Resistance emerges at 1.3885 followed by 1.3900 and 1.3930. Momentum is bullish on both daily and hourly charts. The Euris well supported in the half 1.38 area and while the support at Read More

- Continue reading: Monday 09.17.2007

Friday 09.14.2007

EURUSD The Euro advanced further on yesterday and set a new record high at 1.3928, then retraced back into the 1.3865 area where it is seen now, at the time of this writing. Support starts at 1.3862 and it is backed by 1.3840 and 1.3800. Resistance is seen at 1.3883 followed by 1.3900 and 1.3928. Read More

- Continue reading: Friday 09.14.2007

Thursday 09.13.2007

EURUSD It was about time for the Euro to reach the 1.39 area and it made it, after testing the 1.3900 resistance for about 4 hours. Support is now formed at 1.3885 backed by 1.3865 and 1.3840. Resistance starts at 1.3900 followed by 1.3915 and 1.3945. Daily sentiment is bullish, hourly is slightly bearish due Read More

- Continue reading: Thursday 09.13.2007

Wednesday 09.12.2007

EURUSD Once it found support at 1.3820 on yesterday, the Euro advanced higher testing 1.3850 which has been breached on this morning. Support is now formed at 1.3850 backed by 1.3820 and 1.3780. Resistance is seen at 1.3880, 1.3900 and 1.3945. Daily sentiment is bullish and we doubt it will change anytime soon, hourly momentum Read More

- Continue reading: Wednesday 09.12.2007

Tuesday 09.11.2007

EURUSD Monday was quiet and the Euro ranged in the 1.3800 area, setting the daily high at 1.3815 but it failed to establish support above the 1.3800 mark and slipped below, on the intraday support at 1.3785. Support is now seen at 1.3785 backed by 1.3765 and 1.3730. Resistance starts at 1.3800 and it is Read More

- Continue reading: Tuesday 09.11.2007

Monday 09.10.2007

EURUSD The NFP data release on Friday encouraged the Euro to climb towards the 1.38 area, breaking the resistance zone below the 1.37 mark and setting the daily high near the 1.3800 level. Support is now seen at 1.3765 backed by 1.3730 and 1.3695. Minor resistance is formed at 1.3785 followed by 1.3800, 1.3820 and Read More

- Continue reading: Monday 09.10.2007

Friday 09.07.2007

EURUSD Being supported by 1.3640, the Euro recovered on yesterday and got above the multi-day resistance in the 1.3675 area, reaching 1.3710 on the US session. Support is seen at 1.3640 backed by 1.3625 and 1.3600. Resistance starts at 1.3695 and it is followed by 1.3715 and 1.3750. Daily sentiment is bullish and will remain Read More

- Continue reading: Friday 09.07.2007

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