EURUSD Trading strategies: Long in the 1.4615 area, stop at 1.4585, objectives at and above 1.4665. Extended objectives may aim towards 1.4700 if 1.4660 will be tested and it won’t hold. The Euro continued its recovery and climbed higher, breaking the resistance formed in the middle of the 1.45 area and established support near the Read More
Thursday 12.27.2007
EURUSD Trading strategy: Long in the 1.4495 area, stop at 1.4465, objectives at and above 1.4545. Extended objectives may aim towards 1.4585 if the Eur manages to find support above 1.4550. The Euro recovered on yesterday by climbing into the 1.45 zone from 1.4400 where it found intra-day support. Support is now formed at 1.4500 Read More
Friday 12.21.2007
EURUSD Trading strategy: Long in the 1.4380 area, stop at 1.4350, objectives at and above 1.4430. Extended objectives may aim towards 1.4460 if 1.4425 won’t hold. The Euro declined versus the US dollar on yesterday reaching lows in the 1.4310 area then recovered, aiming towards the 1.4370 zone. Support is now formed at 1.4365 backed Read More
Thursday 12.20.2007
EURUSD Trading strategies:Short in the 1.4385 area, stop at 1.4415, objective at and below 1.4335. The euro slumped versus the U.S. dollar on yesterday, being unable to find intra-day support above the 1.44 mark and it declined, reaching 1.4325 before climbing back towards the 1.4400 level. Support is now formed by 1.4355 backed by 1.4330 Read More
Wednesday 12.19.2007
EURUSD Trading strategies:Short in the 1.4410 area, stop at 1.4440, objectives at and below 1.4360. Yesterday trading was mixed, the Euro orbiting around the 1.4400 mark, being supported by 1.4365 and setting the daily high at 1.4435. Support is now formed at 1.4365 backed by 1.4330 and 1.4300. Resistance starts at 1.4420 followed by 1.4455 Read More
Tuesday 12.18.2007
EURUSD Trading strategies:Short in the 1.4425 area, stop at 1.4455, objectives at and below 1.4375. The Euro depreciated sharply versus the US dollar on yesterday, testing bids around the 1.4330 mark and reaching the daily high at 1.4455. Support is formed now at 1.4385 backed by 1.4355 and 1.4330. Resistance starts at 1.4420 followed by Read More
Monday 12.17.2007
EURUSD Trading strategies:Long in the 1.4420 area, stop at 1.4390, objectives at and above 1.4470. The Euro lost ground versus the US dollar last week, declining for about 300 points. Support is now seen at 1.4420 backed by 1.4390 and 1.4350. Resistance starts at 1.4455 followed by 1.4490 and 1.4525. Daily sentiment is bearish while Read More
Friday 12.14.2007
EURUSD Trading strategies: Short in the 1.4660 area, stop at 1.4690, objectives at and below 1.4610. Extended objectives may aim towards 1.4570 if 1.4580 will be tested. The Euro declined on yesterday versus the greenback and it reached 1.4580 before it started to recover and aim towards the mid 1.46 area. Support is formed at Read More
Thursday 12.13.2007
EURUSD Trading strategies:Long in the 1.4715 area, stop at 1.4685, objectives at and above 1.4765. Yesterday trading was mixed but the Euro managed to close higher versus the US dollar, finding support in the 1.47 area after confirming the mid-term support at 1.4660. Support is now seen at 1.4710 backed by 1.4685 and 1.4660. Resistance Read More
Wednesday 12.12.2007
EURUSD Trading strategies:Short in the 1.4720 area, stop at 1.4750, objectives at and below 1.4670. The Euro lost some ground versus the dollar on yesterday after it failed to establish support above the 1.47 mark and it declined towards the mid 1.46 area. Support is now formed by 1.4675 backed by 1.4650 and 1.4610. Resistance Read More
Tuesday 12.11.2007
EURUSD Trading strategies:Long in the 1.4725 area, stop at 1.4695, objectives at and above 1.4775. The Euro rallied on yesterday, recovering from its recent losses and managed to find support in the 1.47 area. Support is formed at 1.4720 backed by 1.4705 and 1.4685. Resistance emerges at 1.4770 followed by 1.4800 and 1.4850. Bullish momentum Read More
Monday 12.10.2007
EURUSD Trading strategies:Long in the 1.4630 area, stop at 1.4600, objective at and above 1.4680. Friday’s trading was quiet and the Euro failed to break the resistance level at 1.4660, moving into the range of 1.4600-1.4670. Support is now formed at 1.4640 backed by 1.4600 and 1.4545. Resistance starts at 1.4660 followed by 1.4700 and Read More
Friday 12.07.2007
EURUSD Trading strategies:Long in the 1.4595 area, stop at 1.4565, objectives at and above 1.4645. Extended objectives may aim towards 1.4700 if 1.4660 will potentially break. The Euro declined on yesterday’s EU session but recovered during the US session, reaching 1.4660 and finding support at 1.4600. Support is now seen at 1.4600 backed by 1.4580 Read More
Thursday 12.06.2007
EURUSD Trading strategies:Short in the 1.4620 area, stop at 1.4650, objective at and below 1.4570 The Euro declined versus the US dollar on yesterday and it failed to find support in the lower 1.47 area, setting the daily lows around the 1.4600 mark. Support is now seen at 1.4590 backed by 1.4570, 1.4545 and 1.4520. Read More
Wednesday 12.05.2007
EURUSD Trading strategies:Long in the 1.4720 area, stop at 1.4690, objectives at and above 1.4770. The Euro moved higher vs the US dollar on yesterday being supported around 1.4650 level, testing offers around 1.4770 during the US and asian sessions. Support starts at 1.4740 which is being tested now, backed by 1.4710, 1.4685 and 1.4650. Read More
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