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Thursday 07.31.2008
no responses - Posted 07.31.08
EURUSD Trading strategy: stand aside The recovery to 1.5600 after testing bids at 1.5520 suggests that the resistance into the 1.5635 zone and later at 1.5660 may be tested today. Short term sentiment is bearish and a sustained break of the higher resistance at 1.5750 is required in order to confirm a ...continue
no responses - Posted 07.31.08
EURUSD Trading strategy: stand aside The recovery to 1.5600 after testing bids at 1.5520 suggests that the resistance into the 1.5635 zone and later at 1.5660 may be tested today. Short term sentiment is bearish and a sustained break of the higher resistance at 1.5750 is required in order to confirm a ...continue
Wednesday 07.30.2008
no responses - Posted 07.30.08
EURUSD Trading strategy: small short at 1.5635, initial stop at 1.5675, objective at 1.5575. Adjust stop to breakeven on +30 pips (at 1.5605) if reached. The Euro declined after the failed attempts on breaking resistance into the 1.5750 zone, reaching lows at 1.5555. Short term momentum is negative and the break ...continue
no responses - Posted 07.30.08
EURUSD Trading strategy: small short at 1.5635, initial stop at 1.5675, objective at 1.5575. Adjust stop to breakeven on +30 pips (at 1.5605) if reached. The Euro declined after the failed attempts on breaking resistance into the 1.5750 zone, reaching lows at 1.5555. Short term momentum is negative and the break ...continue
Tuesday 07.29.2008
no responses - Posted 07.29.08
EURUSD Trading strategy: stand aside Key resistance into the 1.5750 region remains valid and a sustained break may encourage a rally towards the 1.58 zone. Support starts at 1.5715 backed by 1.5670 and 1.5625/30. Downside risk emerges below intraday support at 1.5670. Daily studies are bearish while 1.5750 is intact and the ...continue
no responses - Posted 07.29.08
EURUSD Trading strategy: stand aside Key resistance into the 1.5750 region remains valid and a sustained break may encourage a rally towards the 1.58 zone. Support starts at 1.5715 backed by 1.5670 and 1.5625/30. Downside risk emerges below intraday support at 1.5670. Daily studies are bearish while 1.5750 is intact and the ...continue
Monday 07.28.2008
no responses - Posted 07.28.08
EURUSD Trading strategy: stand aside Friday's minor recovery of the Euro doesn't suggest that an uptrend resume is underway as the resistance into the 1.5750 region could not be cleared and above 1.5750 there's key resistance also into the 1.5790 zone. A potential break above the second mentioned barrier will confirm the ...continue
no responses - Posted 07.28.08
EURUSD Trading strategy: stand aside Friday's minor recovery of the Euro doesn't suggest that an uptrend resume is underway as the resistance into the 1.5750 region could not be cleared and above 1.5750 there's key resistance also into the 1.5790 zone. A potential break above the second mentioned barrier will confirm the ...continue
Friday 07.25.2008
no responses - Posted 07.25.08
EURUSD Trading strategy: small long at 1.5690, initial stop at 1.5650, objective at 1.5740. Adjust stop to breakeven on +30 pips (at 1.5720) if reached. The daily close above the 1.5670 mark (50% retracement of the 1.5302-1.6038 move) suggests that a correction towards the mid 1.57 or above is possible today. ...continue
no responses - Posted 07.25.08
EURUSD Trading strategy: small long at 1.5690, initial stop at 1.5650, objective at 1.5740. Adjust stop to breakeven on +30 pips (at 1.5720) if reached. The daily close above the 1.5670 mark (50% retracement of the 1.5302-1.6038 move) suggests that a correction towards the mid 1.57 or above is possible today. ...continue
Thursday 07.24.2008
no responses - Posted 07.24.08
EURUSD Trading strategy: small long at 1.5588, initial stop at 1.5548, objective at 1.5648. Adjust stop to breakeven on +30 pips (at 1.5618) if reached. The decline continued on yesterday and the Euro reached lows into the 1.5670 region, testing the 50% retracement of the 1.5302-1.6038 move. Short term sentiment is ...continue
no responses - Posted 07.24.08
EURUSD Trading strategy: small long at 1.5588, initial stop at 1.5548, objective at 1.5648. Adjust stop to breakeven on +30 pips (at 1.5618) if reached. The decline continued on yesterday and the Euro reached lows into the 1.5670 region, testing the 50% retracement of the 1.5302-1.6038 move. Short term sentiment is ...continue
Wednesday 07.23.2008
no responses - Posted 07.23.08
EURUSD Trading strategy: small short at 1.5850, initial stop at 1.5890, objective at 1.5800. Adjust stop to breakeven on +30 pips (at 1.5820) if reached. The Euro declined on yesterday, testing bids into the 1.5760 zone. The failure to take out the resistance into the 1.5930/35 region along with the ...continue
no responses - Posted 07.23.08
EURUSD Trading strategy: small short at 1.5850, initial stop at 1.5890, objective at 1.5800. Adjust stop to breakeven on +30 pips (at 1.5820) if reached. The Euro declined on yesterday, testing bids into the 1.5760 zone. The failure to take out the resistance into the 1.5930/35 region along with the ...continue
Tuesday 07.22.2008
no responses - Posted 07.22.08
EURUSD Trading strategy: stand aside Recent climb past the 1.5885/90 initial resistance confirms the uptrend and important resistance at 1.5930/35 is on focus at the time of this writing. A potential break of the 1.5930/35 barrier may encourage a rally towards the 1.6 zone where next important resistance levels are seen ...continue
no responses - Posted 07.22.08
EURUSD Trading strategy: stand aside Recent climb past the 1.5885/90 initial resistance confirms the uptrend and important resistance at 1.5930/35 is on focus at the time of this writing. A potential break of the 1.5930/35 barrier may encourage a rally towards the 1.6 zone where next important resistance levels are seen ...continue
Monday 07.21.2008
no responses - Posted 07.21.08
EURUSD Trading strategy: stand aside The Euro continues to trade around the 1.5850 mark into a tight range of 80 points, looking for direction. Important support is formed around 1.5820 backed by 1.5790 and 1.5750. Resistance is emerging at 1.5885/90 followed by 1.5930. Short term studies are slightly bullish but a ...continue
no responses - Posted 07.21.08
EURUSD Trading strategy: stand aside The Euro continues to trade around the 1.5850 mark into a tight range of 80 points, looking for direction. Important support is formed around 1.5820 backed by 1.5790 and 1.5750. Resistance is emerging at 1.5885/90 followed by 1.5930. Short term studies are slightly bullish but a ...continue
Friday 07.18.2008
no responses - Posted 07.18.08
EURUSD Trading strategy: stand aside Solid intraday resistance into the 1.5890 region remained intact on yesterday but is attracting the Euro at the time of this report. Support is formed at 1.5825 backed by 1.5790/05 and 1.5750 lower. Important resistance follows 1.5990 at 1.5930 and a potential break may encourage further ...continue
no responses - Posted 07.18.08
EURUSD Trading strategy: stand aside Solid intraday resistance into the 1.5890 region remained intact on yesterday but is attracting the Euro at the time of this report. Support is formed at 1.5825 backed by 1.5790/05 and 1.5750 lower. Important resistance follows 1.5990 at 1.5930 and a potential break may encourage further ...continue