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
Friday 11.09.2007
EURUSD Trading strategies: Long in the 1.4700 area, stop at 1.4670, objectives at and above 1.4750. The Euro continued to strengthen on yesterday and today’s Asian session, re-testing the resistance set two days ago at 1.4730. Support ins now formed at 1.4705 backed by 1.4670, 1.4645 and 1.4625. Resistance starts at 1.4730 followed by 1.4750 Read More
Thursday 11.08.2007
EURUSD The Euro rallied on yesterday, breaking the resistance at 1.4700 and setting the daily high at 1.4730. It retraced afterwards and found minor support at 1.4625. Support backs 1.4625 at 1.4610, 1.4580 and 1.4555. Resistance starts at 1.4670 followed by 1.4705 and 1.4730. Daily sentiment is bullish and doesn’t look like it may change Read More
Wednesday 11.07.2007
EURUSD The Euro rose on yesterday and today’s Asian session and it managed to get past the 1.4600 mark, setting fresh highs at 1.4665. Support is now formed by 1.4610 backed by 1.4580 and 1.4550. Resistance starts at 1.4645 and it is followed by 1.4665 and 1.4700. Daily sentiment is bullish, hourly is slightly bearish Read More
Tuesday 11.06.2007
EURUSD After confirming the support at 1.4450 on yesterday, the Euro recovered and re-tested 1.4500 on today’s Asian session. Support is now formed at 1.4500 backed by 1.4475 and 1.4450. Resistance starts at 1.4515 followed by 1.4530 and 1.4550. Momentum is bullish on both hourly and daily studies. While the Euro holds above the 1.4500 Read More
Monday 11.05.2007
EURUSD The Euro advanced higher on Friday, climbing towards the mid 1.45 area and setting the daily high at 1.4530. Minor support has been formed at 1.4500 after the 1.4530 test but it failed to hold and the Euro fell below it on today’s Asian session. Support is now seen at 1.4480 backed by 1.4450 Read More
Friday 11.02.2007
EURUSD Although the Euro closed lower on yesterday, the markets were quite mixed and it ranged between 1.4405-1.4480, re-establishing support in the higher half of the 1.44 area during today’s asian session. Support is now seen at 1.4445 backed by 1.4425 and 1.4410. Resistance starts at 1.4475 and it is followed by 1.4500 and 1.4550. Read More
Thursday 11.01.2007
EURUSD After confirming the intra-day support in the 1.4430 area, the Euro rallied on yesterday setting fresh historical highs at 1.4510. The retracement which fallowed the climb has set daily support at 1.4460. Support is now seen at 1.4460 backed by 1.4430 and 1.4410. Resistance sarts at 1.4490 and it is followed by 1.4510 and Read More
Wednesday 10.31.2007
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
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