Currency Technical Report |
|
EUR/USD Resistance : 1,5530/ 1,5550/ 1,5570/ 1,5600 Support : 1,5440-50/ 1,5400/ 1,5375/ 1,5350 Comment : First targets in the area of 1.5515-30 were reached, in terms of the upward consolidation that the pair is forming since Friday’s lows. Better economic releases from US could not give strength to the dollar and a high was formed during Asia session at 1.5540 area. The area of 1.5470-80 has turned into a support and a clear break of 1.5540-50 would indicate that a bigger reaction is being
Filed under: Technical
Latest Posts
- Global Forex Outlook 2010
- On Monday, US and German bond markets had a quiet trading session
- 7 rules For Choosing A Forex Broker
- Trichet Leaves Sydney Early
- EURUSD, GBPUSD & USDJPY Support & Resistance Analysis
- Crude Oil Daily Technical Outlook
- Gold nearly steady above 1060 $/oz
- Risk appetite firms on potential policy measures by the ECB to limit contagion from the Greek crisis
- Euro, Pound: Pause for Breath
- Forex - Trichet Off to Brussels & Markets in a “Wait & See” Pattern
- Forex Technical Analysis on Majors
- USD/JPY Daily Outlook
- Daily Forex Overview
- CE currencies slightly higher as risk aversion recedes
- German Prices Stagnate in January
No Comments! Be The First!