EURUSD The Euro rose on yesterday reaching 1.4445 and finding intra-day support at 1.4435. Support backes 1.4435 at 1.4410 and 1.4360. Resistance starts at 1.4450 and it is followed by 1.4500. Momentum is positive on the daily studies and neutral on the hourlies at the time of this writing. If the support at 1.4435 confirms Read More
Tuesday 10.30.2007
EURUSD The Euro rose on yesterday to fresh highs against the greenback reaching 1.4440. The dollar recovered overnight but it remained in the range of 1.4375-1.4440 established on yesterday. Support is now seen at 1.4375 backed by 1.4355 and 1.4325. Resistance starts at 1.4410 and it is followed by 1.4450 and 1.4500. Daily sentiment is Read More
Monday 10.29.2007
EURUSD The Euro found intraday support at 1.4360 on Friday and managed to advanced higher, getting past the 1.4400 level today. Support is now formed at 1.4400 backed by 1.4360 and 1.4325. Resistance starts at 1.4430 followed by 1.4450 and 1.4500. Daily sentiment is bullish. Hourly studies are bullish too and a potential break of Read More
Friday 10.26.2007
EURUSD The Euro resumed the uptrend on yesterday as it was well supported by the 1.4250 intra-day support and it climbed towards the 1.4340 mark. Support is now seen at 1.4320 backed by 1.4300 and 1.4250. Resistance starts at 1.4340 followed by 1.4380 and 1.4400. Daily sentiment is bullish and it willl remain so while Read More
Thursday 10.25.2007
EURUSD The Euro recovered on yesterday and found support in the higher half of the 1.42 area. Support is now seen at 1.4250 backed by 1.4225 and 1.4200. Resistance starts at 1.4270 and it is followed by 1.4300 and 1.4340. Daily sentiment is slightly bullish although the last few days were pretty mixed. Hourly studies Read More
Wednesday 10.24.2007
EURUSD The Euro recovered on yesterday and found support in the 1.42 area, setting the daily high at 1.4285. Support is now formed at 1.4230 backed by 1.4195 and 1.4130. Resistance starts at 1.4250, followed by 1.4285 and 1.4300. Daily sentiment is bullish. Hourly studies are slightly bearish due to the current retracement into the Read More
Tuesday 10.23.2007
EURUSD The Euro declined on yesterday and it failed to hold above the 1.4250 mark, accelerating towards the 1.4130 level where it managed to find support and reverse. Support is now seen at 1.4175 backed by 1.4130 and 1.4100. Resistance starts at 1.4215 and it is followed by 1.4250 and 1.4300. Although yesterday’s decline was Read More
Monday 10.22.2007
EURUSD The Euro found support at 1.4250 on Friday and reversed, resuming the upward trend by re-testing 1.4300 which was broken and now being the first intra-day support. Support follows 1.4300 at 1.4280 and 1.4250. Resistance starts at 1.4330 followed by 1.4350. Daily sentiment is bullish and the hourly studies are positive too. While the Read More
Friday 10.19.2007
EURUSD The Euro continued to climb higher on yesterday and it reached a record high at 1.4315. Support was found at 1.4280 and it is backed by 1.4250 and 1.4225. Resistance emerges at 1.4315 and 1.4350. Momentum is bullish on both daily and hourly studies. The Euro may continue to explore fresh territories while the Read More
Thursday 10.18.2007
EURUSD The Euro advanced higher during yesterday and today’s Asian session, re-testing the 1.4240 mid-term resistance . Support is now formed at 1.4225 backed by 1.4200 and 1.4185. Subsequent floors are noticed at 1.4160 and 1.4145. Resistance starts at 1.4240 and it is followed by 1.4280. Daily sentiment is slightly bullish and it may give Read More
Wednesday 10.17.2007
EURUSD After it failed to break 1.4220, the Euro declined and found support at 1.4145, recovering slightly since yesterday. Support is now formed at 1.4165 backed by 1.4145 and 1.4100. Minor resistance is seen at 1.4180 and it is followed by 1.4195 and 1.4220. Higher, resistance is also noticed at 1.4240 and 1.4280. Daily sentiment Read More
Tuesday 10.16.2007
EURUSD The Euro managed to climb higher on yesterday and it got past the resistance level formed by the 1.42 mark, testing the mid-term resistance at 1.4240. Support is now formed at 1.4195 backed by 1.4180 and 1.4150. Resistance starts at 1.4215 and it is followed by 1.4240 and 1.4280. The daily sentiment is now Read More
Monday 10.15.2007
EURUSD Friday’s markets were mixed, the Euro closing slightly lower after it failed to break 1.4210. Support is currently noticed at 1.4150 backed by 1.4130 and 1.4100. Resistance emerges at 1.4180 followed by 1.4210 and 1.4240. Daily sentiment is neutral, hourly studies being slightly bullish at the time of this writing. While the support at Read More
Friday 10.12.2007
EURUSD The support level at 1.4150 has been efficient on yesterday and the Euro reversed after testing it, rallying towards the 1.4240 mark where it established the daily high. Support is now formed at 1.4180 backed by 1.4150 and 1.4130. Subsequent floors are also seen at 1.4100 and 1.4070. Minor intra-day resistance emerges at 1.4210 Read More
Thursday 10.11.2007
EURUSD The Euro recovered since yesterday and it managed to climb towards the 1.42 area, finding support above the 1.4130 level. Support is now seen at 1.4165 backed by 1.4130 and 1.4100. Resistance starts at 1.4200 followed by 1.4250 and 1.4280. The daily momentum is bullish, again, and the hourly studies are bullish too. While Read More
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