EURUSD Trading strategies:Long in the 1.4735 area, stop at 1.4705, objectives at and above 1.4785. Extended objectives may aim towards 1.4835 if the Euro will recover and get past 1.4790/1.4800. The Euro failed to hold above the 1.4800 mark on yesterday and declined towards the mid-term support level at 1.4730 formed on the second half Read More
Thursday 11.29.2007
EURUSD Trading strategies:Long in the 1.4785 area, stop at 1.4755, objective at and above 1.4835. After declining into the 1.4715 zone, the Euro recovered fast and rallied back into the mid 1.48 area, setting the daily high at 1.4860. Support is now seen at 1.4800 backed by 1.4770, 1.4750 and 1.4715. Resistance starts at 1.4830 Read More
Wednesday 11.28.2007
EURUSD Trading strategies: Short in the 1.4830 area, stop at 1.4860, objective at and below 1.4780. The Euro failed to break 1.4900 on yesterday and declined back into the lower half of the 1.48 zone. Support is now seen at 1.4800 backed by 1.4780 and 1.4750. Resistance starts at 1.4830 followed by 1.4860 and 1.4890. Read More
Tuesday 11.27.2007
EURUSD Trading strategies:Long in the 1.4840 area, stop at 1.4810, objective at and above 1.4890. The Euro failed to break the resistance at 1.4880 on yesterday but it managed to close slightly higher, in the 1.4870 area. Support is now formed at 1.4860 backed by 1.4840 and 1.4800. Resistance starts at 1.4880 followed by 1.4900 Read More
Monday 11.26.2007
EURUSD Trading strategies:Long in the 1.4800 area, stop at 1.4770, objective at and above 1.4850. The Euro declined on Friday after it reached a record high at 1.4970. Support is now formed at 1.4800 backed by 1.4780 and 1.4750. Resistance starts at 1.4840 followed by 1.4880 and 1.4900 and 1.4940. The daily momentum is still Read More
Friday 11.23.2007
EURUSD Trading strategies: Long in the 1.4880 area, stop at 1.4850, objectives at and above 1.4930. After a quiet day, the Euro rallied during today’s Asian session and reached record highs against the greenback in the 1.4970 area, 30 points below the psychological resistance formed by 1.5. Support starts at 1.4910 backed by 1.4875 and Read More
Thursday 11.22.2007
EURUSD Trading strategies:Long in the 1.4820 area, stop at 1.4790, objective at and above 1.4870. After retracing and testing the intra-day support at 1.4780, the Euro reversed and resumed the uptrend setting a fresh high at 1.4875 on yesterday. Support is now seen at 1.4820 backed by 1.4780 and 1.4750. Resistance emerges at 1.4875 followed Read More
Wednesday 11.21.2007
EURUSD Trading strategies:Long in the 1.4815 area, stop at 1.4785, objectives at and above 1.4865. The Euro surged higher versus the greenback on yesterday and it established a new record high at 1.4855. Intra-day support starts at 1.4820 and it is backed by 1.4780 and 1.4750. Resistance emerges at 1.4855 followed by the psychological barier Read More
Tuesday 11.20.2007
EURUSD Trading strategies:Long in the 1.4685 area, stop at 1.4655, objectives at and above 1.4735. Yesterday’s trading was mixed and the Euro ranged between 1.4630 and 1.4680. Support is now formed by 1.4670 backed by 1.4640 and 1.4620. Resistance starts at 1.4690 followed by 1.4710, 1.4725 and 1.4755. Momentum is bullish on both hourly and Read More
Monday 11.19.2007
EURUSD Trading strategies:Short in the 1.4690 area, stop at 1.4720, objectives at and below 1.4640. Intra-day support has been found by the Euro at 1.4585 on Friday after it declined from the 1.4650 zone and it managed to recover, staying above the 1.4650 support level on today’s Asian session. Support starts at 1.4650 backed by Read More
Friday 11.16.2007
EURUSD Trading strategies:Long in the 1.4620 area, stop at 1.4590, objectives at and above 1.4670. Extended objectives may aim towards 1.4720 in case 1.4670 will get tested and will broke fast. The Euro retracement on yesterday has come to an end, at least for a while, after finding support at 1.4605. Support is now formed Read More
Thursday 11.15.2007
EURUSD Trading strategies:Long in the 1.4675 area, stop at 1.4645, objectives at and above 1.4725. The Euro found support at 1.4640 on yesterday and advanced higher getting past the 1.4700 resistance, establishing the daily high at 1.4725 then retraced, reconfirming the support at 1.4640 on today’s Asian session. Support is formed at 1.4675 backed by Read More
Wednesday 11.14.2007
EURUSD Trading strategies:Long in the 1.4640 area, stop at 1.4610, objectives at and above 1.4690. The Euro has confirmed the intra-day support at 1.4590 on yesterday and recovered, especially during today’s Asian session, getting past the 1.4630 resistance established on yesterday’s EU session. Support is now seen at 1.4630 backed by 1.4590 and 1.4560. Resistance Read More
Tuesday 11.13.2007
EURUSD Trading strategies: Long in the 1.4585 area, stop at 1.4555, objectives at and above 1.4635. The Euro continued the retracement on yesterday but it found support in the 1.4530 area and reversed, resuming the uptrend on today’s Asian session, getting past the 1.4600 point at the time of this writing. Support is now formed Read More
Monday 11.12.2007
EURUSD Trading strategies:Short in the 1.4655 area, stop at 1.4685, objectives at and below 1.4605. After reaching a new high at 1.4755, the Euro failed to hold above the 1.4700 line and retraced, declining into the 1.4630 area where it found intraday support. Support is now seen at 1.4630 backed by 1.4610 and 1.4560. Resistance Read More
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