EURUSD After declining and testing the 1.3600 support, the Euro recovered and went back into the 1.3660 area, close to the 1.3680 resistance which couldn’t be broken yet. Support is now seen at 1.3645 backed by 1.3620 and 1.3600. Resistance starts at 1.3680 and it is followed by 1.3710 and 1.3725. Daily sentiment remains bullish Read More
Thursday 08.30.2007
EURUSD The Euro recovered on yesterday but the resistance at 1.3680 remains intact. Support is now formed at 1.3645 backed by 1.3620 and 1.3600. Resistance emerges at 1.3660 followed by 1.3680 and 1.3705. Daily sentiment is bullish while the hourly is bearish at the time of this writing. If the Euro will get past the Read More
Wednesday 08.29.2007
EURUSD The Euro failed to get past the 1.3680 resistance on yesterday and declined, reaching 1.3562 on today’s Asian session. Support is now seen at 1.3580 backed by 1.3562 and 1.3520. Resistance starts at 1.3600 and it is followed by 1.3635 and 1.3680. Daily bullishness remains intact, hourly sentiment being slightly bullish at the time Read More
Tuesday 08.28.2007
EURUSD The dollar recovered on yesterday and resumed its recovery overnight, bringing the 1.3620 support into our attention at the time of this writing. Support starts at 1.3620 and it is backed by 1.3600, 1.3580 and 1.3550. Resistance is noticed at 1.3655 followed by 1.3685. Daily sentiment is bullish and will remain intact while the Read More
Monday 08.27.2007
EURUSD The Euro rallied vs the dollar on Friday and managed to get past the 1.3600 mark, getting closer to the 1.37 area and finding support at 1.3660. Support is seen at 1.3660 backed by 1.3620 and 1.3600. Resistance starts at 1.3685 and it is followed by 1.3700 and 1.3725. The daily sentiment is bullish, Read More
Friday 08.24.2007
EURUSD The Euro avanced higher and aimed towards the 1.3600 mark on yesterday, being supported by 1.3535 and closing slightly higher. Support is now formed by 1.3555 backed by 1.3535 and 1.3515. Interim resistance starts at 1.3570 followed by 1.3590, 1.3605 and 1.3640. Daily sentiment is slightly bullish, yet not confirming a full reverse but Read More
Thursday 08.23.2007
EURUSD Recovering and getting away from the 1.34 area, the Euro managed to break the 1.3515 and 1.3535 intra-day support levels on yesterday. Support is now seen at 1.3535 backed by 1.3515 and 1.3490. Resistance emerges at 1.3558 followed by 1.3600 and 1.3640. Daily sentiment is about to signal a reversal and turn bullish while Read More
Wednesday 08.22.2007
EURUSD The Euro faled to break the intra-day resistance at 1.3515 on yesterday and fell back intp the 1.3460 area. Support is now formed by 1.3460 backed by 1.3435 and 1.3400. Resistance starts at 1.3490 and it is followed by 1.3515 and 1.3545. Daily sentiment remains bearish and ther Euro has to stabilize above the Read More
Tuesday 08.21.2007
EURUSD The last trading sessions were quiet and the pair traded in a narrow range, being well supported by 1.3465. Support is seen at 1.3465 backed by 1.3435 and 1.3400. Resistance starts at 1.3490 and it is followed by 1.3515 and 1.3545. The daily sentiment is bearish, hourly studies being neutral at the time of Read More
Monday 08.20.2007
EURUSD The Euro recovered 100 points on Friday and found support in the 1.3500 area. Support is now formed at 1.3485 backed by 1.3465 and 1.3400. Resistance emerges at 1.3515 followed by 1.3545 and 1.3600. Daily momentum is bearish and it won’t be an easy task for the Euro to recover and signal a reversal. Read More
Friday 08.17.2007
EURUSD The Euro failed to fell below 1.3400 on yesterday and reached 1.3360 but recovered and managed to get back into the 1.34 area. Support is seen at 1.3400 backed by 1.3380 and 1.3360. Resistance starts at 1.3435 and it is followed by 1.3475 and 1.3500. Daily sentiment is bearish and hourly is neutral. The Read More
Thursday 08.16.2007
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
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