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Friday 11.28.2008
no responses - Posted 11.28.08
EURUSD Trading strategy: stand aside The Euro trades in a narrow range below the 1.3 mark, consolidating recent gains and volatility will probably remain low today. Minor resistance is seen at 1.2970 followed by 1.3080/00 and 1.3125. On the downside, support is seen at 1.2880 backed by 1.2800/15 and 1.2680. Both daily ...continue
no responses - Posted 11.28.08
EURUSD Trading strategy: stand aside The Euro trades in a narrow range below the 1.3 mark, consolidating recent gains and volatility will probably remain low today. Minor resistance is seen at 1.2970 followed by 1.3080/00 and 1.3125. On the downside, support is seen at 1.2880 backed by 1.2800/15 and 1.2680. Both daily ...continue
Thursday 11.27.2008
no responses - Posted 11.27.08
EURUSD Trading strategy: stand aside The retreat from above the 1.3 mark is corrective, so far, as the daily studies remain bullish. Intraday resistance is formed by yesterday's support at 1.2925 which could not be broken after several tests today. Above 1.2925, resistance emerges at 1.3 then 1.3080/00 and 1.3260. Support is ...continue
no responses - Posted 11.27.08
EURUSD Trading strategy: stand aside The retreat from above the 1.3 mark is corrective, so far, as the daily studies remain bullish. Intraday resistance is formed by yesterday's support at 1.2925 which could not be broken after several tests today. Above 1.2925, resistance emerges at 1.3 then 1.3080/00 and 1.3260. Support is ...continue
Wednesday 11.26.2008
no responses - Posted 11.26.08
EURUSD Trading strategy: small long at 1.2815, initial stop at 1.2775, objective at 1.2915. Adjust stop to breakeven on +30 pips (at 1.2845) if reached. The Euro continues to advance higher against the greenback, testing offers near the 1.31 mark on yesterday. Daily sentiment is bullish, favoring extended gains which may bring ...continue
no responses - Posted 11.26.08
EURUSD Trading strategy: small long at 1.2815, initial stop at 1.2775, objective at 1.2915. Adjust stop to breakeven on +30 pips (at 1.2845) if reached. The Euro continues to advance higher against the greenback, testing offers near the 1.31 mark on yesterday. Daily sentiment is bullish, favoring extended gains which may bring ...continue
Tuesday 11.25.2008
no responses - Posted 11.25.08
EURUSD Trading strategy: small long at 1.2700, initial stop at 1.2660, objective at 1.2800. Adjust stop to breakeven on +40 pips (at 1.2740) if reached. Strengthening across the board, the Euro trades higher versus the greenback, testing resistance at 1.2925/50 on yesterday. A sustained break of the said resistance will suggest ...continue
no responses - Posted 11.25.08
EURUSD Trading strategy: small long at 1.2700, initial stop at 1.2660, objective at 1.2800. Adjust stop to breakeven on +40 pips (at 1.2740) if reached. Strengthening across the board, the Euro trades higher versus the greenback, testing resistance at 1.2925/50 on yesterday. A sustained break of the said resistance will suggest ...continue
Monday 11.24.2008
no responses - Posted 11.24.08
EURUSD Trading strategy: stand aside The Euro trades on the upside, pushing towards the resistance at 1.2700 which is followed by 1.2825 and 1.2925 higher. Daily sentiment is slightly bullish but has to be confirmed by a sustained break of resistance at 1.2810/25. Support is seen at 1.2575 backed by 1.2500 and ...continue
no responses - Posted 11.24.08
EURUSD Trading strategy: stand aside The Euro trades on the upside, pushing towards the resistance at 1.2700 which is followed by 1.2825 and 1.2925 higher. Daily sentiment is slightly bullish but has to be confirmed by a sustained break of resistance at 1.2810/25. Support is seen at 1.2575 backed by 1.2500 and ...continue
Friday 11.21.2008
no responses - Posted 11.21.08
EURUSD Trading strategy: small short at 1.2620, initial stop at 1.2660, objective at 1.2540. Adjust stop to breakeven on +30 pips (at 1.2590) if reached. The downside is under renewed pressure as the Euro reached daily lows at 1.2420, only 90 points away from the recent yearly low at 1.2330. Resistance ...continue
no responses - Posted 11.21.08
EURUSD Trading strategy: small short at 1.2620, initial stop at 1.2660, objective at 1.2540. Adjust stop to breakeven on +30 pips (at 1.2590) if reached. The downside is under renewed pressure as the Euro reached daily lows at 1.2420, only 90 points away from the recent yearly low at 1.2330. Resistance ...continue
Thursday 11.20.2008
no responses - Posted 11.20.08
EURUSD Trading strategy: small short at 1.2635, initial stop at 1.2675, objective at 1.2555. Adjust stop to breakeven on +30 pips (at 1.2605) if reached. The Euro declined on yesterday after the failed test of the 1.2800 resistance, reaching lows at 1.2470 which is the first intraday support now, backed by 1.2395 ...continue
no responses - Posted 11.20.08
EURUSD Trading strategy: small short at 1.2635, initial stop at 1.2675, objective at 1.2555. Adjust stop to breakeven on +30 pips (at 1.2605) if reached. The Euro declined on yesterday after the failed test of the 1.2800 resistance, reaching lows at 1.2470 which is the first intraday support now, backed by 1.2395 ...continue
Wednesday 11.19.2008
no responses - Posted 11.19.08
EURUSD Trading strategy: small short at 1.2965, initial stop at 1.3005, objective at 1.2865. Adjust top to breakeven on +40 pips (at 1.2925) if reached The Euro continues to consolidate into a narrow range, closing slightly lower versus the greenback on yesterday. Intraday support is seen at 1.2525 backed by 1.2420 and ...continue
no responses - Posted 11.19.08
EURUSD Trading strategy: small short at 1.2965, initial stop at 1.3005, objective at 1.2865. Adjust top to breakeven on +40 pips (at 1.2925) if reached The Euro continues to consolidate into a narrow range, closing slightly lower versus the greenback on yesterday. Intraday support is seen at 1.2525 backed by 1.2420 and ...continue
Tuesday 11.18.2008
no responses - Posted 11.18.08
EURUSD Trading strategy: small short at 1.2965, initial stop at 1.3005, objective at 1.2865. Adjust top to breakeven on +40 pips (at 1.2925) if reached. The climb to 1.2740 on yesterday doesn't provide any clue regarding further price action as the Euro continues to consolidate and look for direction. Intraday resistance is ...continue
no responses - Posted 11.18.08
EURUSD Trading strategy: small short at 1.2965, initial stop at 1.3005, objective at 1.2865. Adjust top to breakeven on +40 pips (at 1.2925) if reached. The climb to 1.2740 on yesterday doesn't provide any clue regarding further price action as the Euro continues to consolidate and look for direction. Intraday resistance is ...continue
Monday 11.17.2008
no responses - Posted 11.16.08
EURUSD Trading strategy: small short at 1.2685, initial stop at 1.2725, objective at 1.2600. Adjust stop to breakeven on +30 pips (at 1.2655) if reached. The Euro failed to hold its Friday gains over the weekend and reached lows into the 1.2525 support zone earlier today. First resistance is seen at 1.2625 ...continue
no responses - Posted 11.16.08
EURUSD Trading strategy: small short at 1.2685, initial stop at 1.2725, objective at 1.2600. Adjust stop to breakeven on +30 pips (at 1.2655) if reached. The Euro failed to hold its Friday gains over the weekend and reached lows into the 1.2525 support zone earlier today. First resistance is seen at 1.2625 ...continue