EURUSD The Euro continued to fall vs the US dollar and reached 1.3385 during today’s Asian session. Support is now set at 1.3385 backed by 1.3340 and 1.3305. Resistance is seen at 1.3435, 1.3475 and 1.3500. Daily sentiment is bearish and the Euro needs to rally quite a bit in order to signal a reversal. Read More
Wednesday 08.15.2007
EURUSD The Euro fails to give any sign of recovery and extended its decline for another 100 points on yesterday, getting below last month’s lows during today’s Asian session. Support is now seen at 1.3480 backed by 1.3430 and 1.3375. Resistance starts at 1.3525 followed by 1.3565 and 1.3600. Momentum is bearish on both hourly Read More
Tuesday 08.14.2007
EURUSD The Euro declined on yesterday and reached the 1.3600 mark where it found support. Support is seen at 1.3600 backed by 1.3565 and 1.3525. Resistance emerges at 1.3640 followed by 1.3680 and 1.3705. Daily sentiment is bearish while the hourly is neutral. If the 1.3600 support holds, the Euro may recover and climb back Read More
Monday 08.13.2007
EURUSD The Euro recovered slightly on Friday but failed to find support above 1.3700. Support is now formed at 1.3680 backed by 1.3640 and 1.3600. Resistance emerges at 1.3705 followed by 1.3725 and 1.3760. Daily momentum is bearish while the hourly studies are slightly bullish at the time of this writing. The Euro sits on Read More
Friday 08.10.2007
EURUSD The Euro declined on yesterday and reached lows in the 1.3650 area, a level which probably noone expected to see that soon. Support is currently seen at 1.3650 backed by 1.3635, 1.3600 and 1.3565. Resistance is emerging at 1.3680, 1.3715 and 1.3755. Daily momentum is bearish, hourly is neutral. Being highly oversold, the Euro Read More
Thursday 08.09.2007
EURUSD The Euro recovered its recent losses on yesterday and rose for about 100 points setting intra-day support around 1.38. Support is currently seen at 1.3795 backed by 1.3775 and 1.3725. Resistance is noticed at 1.3820, the record high at 1.3850 and 1.3900. Daily momentum is bullish while the hourly sentiment is negative at the Read More
Wednesday 08.08.2007
EURUSD The Euro declined and got below the key support levels which were expected to support the potential tests of 1.3850. Support is now seen at 1.3700 backed by 1.3680 and 1.3635. Resistance starts at 1.3755 followed by 1.3800 and 1.3850. Daily sentiment is slightly bearish, hourly sentiment being bearish too. The pair declined to Read More
Tuesday 08.07.2007
EURUSD The pair traded on a narrow range on yesterday, not being able to exit the range of 1.3780-1.3835. Support is formed at 1.3800 backed by 1.3780 and 1.3740. Resistance is seen at 1.3815 and it is followed by 1.3835 and 1.3850. Daily sentiment is bullish, hourly is neutral. So far, the Euro has managed Read More
Monday 08.06.2007
EURUSD The Euro rallied on Friday and continued the climb on today’s Asian session, breaking 1.38 and testing 1.3850, the all-time record high. Support is now seen at 1.3800 backed by 1.3770 and 1.3740. Resistance starts at 1.3820 and it is followed by 1.3850 and 1.3900 higher. Daily sentiment is bullish and the hourly is Read More
Friday 08.03.2007
EURUSD The Euro has tested 1.3700 again on yesterday and it managed to find support during today’s Asian session. Support backs 1.3700 at 1.3680 and 1.3650. Interim resistance is noticed at 1.3710 followed by 1.3730 and 1.3770. The daily momentum is slightly bearish but losing strength and it will change if the Euro remains above Read More
Thursday 08.02.2007
EURUSD The Euro has tested 1.37 on yesterday but failed to break it and declined back into the 1.3650 area. Support is seen at 1.3650 backed by 1.3635 and 1.3600. Resistance starts at 1.3680 and it is followed by 1.3700 and 1.3720. Daily sentiment remains bearish since not much happened on lately, hourly studies being Read More
Wednesday 08.01.2007
EURUSD The Euro lacked the strength to break the resistance at 1.3730 on yesterday and it declined below the support level at 1.3690, later during today’s Asian session breaking 1.3660 as well. Support is now seen at 1.3630 backed by 1.3605 and 1.3565. Momentum is negative on both hourly and daily charts and a potential Read More
Tuesday 07.31.2007
EURUSD The Euro recovered on yesterday rising smoothly towards the 1.37 area where the 1.3725 level has been reached during today’s Asian session. Support is currently formed by 1.3690 backed by 1.3660 and 1.3600. Resistance starts at 1.3700 and it is followed by 1.3725, 1.3750 and 1.3770. Daily sentiment remains slightly bearish due to the Read More
Monday 07.30.2007
EURUSD The dollar recovered on Friday and the Euro reached lows in the 1.3630 area. Support is formed by 1.3630 backed by 1.3600 and 1.3560. Resistance emerges at 1.3665 followed by 1.3695 and 1.3750. Daily momentum is bearish and a close above 1.37 is needed to confirm an end of the current retracement, if this Read More
Friday 07.27.2007
EURUSD The Euro closed slightly higher versus the dollar on yesterday but it failed to find support above 1.3750 and it is now giving clues of a potential decline towards the 1.3700 mark. Support is seen at 1.3730 and it is being tested at the time of this writing, backed by 1.3695 and 1.3675. Resistance Read More
Thursday 07.26.2007
EURUSD The dollar gained versus the Euro on yesterday, managing to get below the support levels at 1.3800 and 1.3760, reaching 1.3695 during the US session. Support is formed at 1.3700 backed by 1.3675 and 1.3600. Resistance is noticed at 1.3725 followed by 1.3760 and 1.3800. Daily momentum has been affected by yesterday’s pullback and Read More
Wednesday 07.25.2007
EURUSD The Euro keeps moving on a narrow range consolidating above the 1.38 mark. Support is seen at 1.3800 backed by 1.3775 and 1.3760. Resistance emerges at 1.3830 and 1.3850. Daily sentiment is bullish, hourly is slightly bullish too. We are expecting the Euro to break 1.3850 soon but we are carefully watching the 1.3800 Read More
Tuesday 07.24.2007
EURUSD The dollar recovered a bit on yesterday versus the Euro and the pair closed in the 1.3800 area. Support is now formed at 1.3815 followed by 1.3800 and 1.3775. Resistance emerges at 1.3830 followed by 1.3845 and 1.3900. Daily momentum is bullish and the hourly studies are slightly bullish too. The Euro may continue Read More
Monday 07.23.2007
EURUSD The Euro has set a fresh high on Friday at 1.3840 but more important, it was the first day and week to close above the 1.38 mark. Support is now seen at 1.3830 backed by 1.3815, 1.3800 and 1.3785. Resistance starts now at 1.3840 followed by 1.3855 and 1.3900. Daily momentum is bullish, hourly Read More
Friday 07.20.2007
EURUSD The Euro tested 1.3830 again on yesterday but it couldn’t break it and retraced back into the 1.3790 area. Support is formed at 1.3785 backed by 1.3760 and 1.3730. Resistance emerges at 1.3800 and it is being tested now, followed by 1.3815 and 1.3830 higher. Daily momentum is positive, hourly being slightly bullish as Read More
Thursday 07.19.2007
EURUSD The Euro lost some ground on yesterday versus the dollar but soon recovered as the 1.3760 support held, like it used to do during the last 5 days. Support is currently seen at 1.3785 backed by 1.3760 and 1.3730. Resistance starts at 1.3800 and it is followed by 1.3815 and 1.3830. Higher, the Euro Read More
Wednesday 07.18.2007
EURUSD Yesterday’s session has been quiet and the Euro ranged between 1.2795 and 1.3755 but things changed a bit during today’s Asian session and the Euro rallied against the dollar, setting new record highs at 1.3830. Support is currently seen at 1.3800 backed by 1.3775 and 1.3760. Resistance starts at 1.3830 and it is followed Read More
Tuesday 07.17.2007
EURUSD Not much happened on yesterday’s quiet sessions, the Euro moving between the first support and resistance levels, 1.3760 and 1.3800 respectively. Support is seen at 1.3760 backed by 1.3730 and 1.3700. Resistance starts at 1.3800 and it is followed by Friday’s high at 1.3812 and 1.3850 higher. The daily sentiment is bullish and the Read More
Monday 07.16.2007
EURUSD The Euro continued to explore fresh highs against the dollar and reached 1.3812 on Friday but it failed to find support in the 1.38 area so it retraced back into the 1.3770 zone. Support is seen at 1.3760 backed by 1.3730 and 1.3700. Resistance starts at 1.3790 and it is followed by Friday’s high Read More
Friday 07.13.2007
EURUSD The Euro is pushing higher and it reached fresh highs against the dollar on yesterday, at 1.3798. It seems to be well supported right now in the 1.3775 area. Support backs 1.3775 at 1.3760 and 1.3730. Resistance emergest at 1.3800 followed by 1.3820 and 1.3850. The daily momentum remains highly bullish on the daily Read More
Thursday 07.12.2007
EURUSD The Euro remains firm around its all-time high against the dollar orbiting around the 1.3750 mark. Support is seen in the 1.3730 region backed by 1.3700 and 1.3660. Interim resistance is noticed at 1.3760 followed by the 1.3785-1.3800 region. Momendum is bullish on daily studies, hourly being slightly bullish too. If the Euro resumes Read More
Wednesday 07.11.2007
EURUSD The Euro rose to an all-time high against the dollar on yesterday reaching highs in the 1.3790 area. Support is now seen at 1.3730 backed by 1.3700 and 1.3640. Resistance emerges at 1.3760 and 1.3790. Daily momentum is highly bullish and hourly is neutral at the time of this writing. The Euro may resume Read More
Tuesday 07.10.2007
EURUSD The Euro moved on a narrow range and closed slightly lower versus the dollar on yesterday, declining during today’s Asian session now testing the support at 1.3600. Support backs 1.3600 at 1.3580 and 1.3565. Resistance is seen at 1.3635 followed by 1.3660 and 1.3680. Daily momentum lost some strength but remains bullish and a Read More
Monday 07.09.2007
EURUSD The Euro failed to break 1.3630 on Friday and it continues to move below it, probably preparing for a new test. Support is seen at 1.3615 and it is being tested now, backed by 1.3600, 1.3580 and 1.3565. Resistance emerges at 1.3635, 1.3660 and 1.3680. Daily sentiment is bullish while the hourly momentum is Read More
Friday 07.06.2007
EURUSD The Euro rose on yesterday to 1.3660 but failed to hold above 1.3640 and soon declined into the 1.3580 area where it found support which is being tested at the time of this writing. Support follows 1.3580 at 1.3550 and 1.3525. Resistance emerges at 1.3600, 1.3630, 1.3660 and 1.3680. Daily sentiment is bullish and Read More
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