EURUSD Analysis – March 13, 2010
EURUSD had formed a cycle bottom at 1.3435 level on daily chart. Bounce to 1.3900-1.4000 area to reach next cycle top is expected next week and the next cycle top is nearing. Support level is now at...
Tag: EURUSD
EUR/USD 1.3683 – 12 March 2010
EUR/USD Open 1.3683 High 1.3700 Low 1.3624 Close 1.3679On Thursday Euro/Dollar continued recovering, forming a secondary rising channel on the 3 hour chart. The currency couple appreciated from 1.3624 up to 1.3687, closing the day at 1.3679....
EURUSD’s analytical review with the forecast for March 11
Yesterday, the European currency managed to overcome the bearish pressure, which was continuing during last few days, and showed the growth to the weekly high of 1.3678. On the Asian session, the pair was sliding, however,...
EUR/USD 1.3630 – 11 March 2010
EUR/USD Open 1.3645 High 1.3677 Low 1.3548 Close 1.3653On Wednesday the European currency showed a sign of recovery although Germany’s Trade balance slumped to 8.7 comparing to the 16.4 bln expectation. The Euro/Dollar depreciated down to 1.3541,...
EUR/USD 1.3605 – 10 March 2010
EUR/USD Open 1.3607 High 1.3698 Low 1.3541 Close 1.3599After rising on Monday to 1.3698, Euro/Dollar traded with a slight decrease on Tuesday down to 1.3541, closing the day at 1.3599. Our expectations for the currency couple are...
EURUSD’s analytical review with the forecast for today
There were no any changes on Monday, as the pair growth before noon was fully leveled by slumping demand for risky assets in the US trades.
EUR/USD 1.3622 – 9 March 2010
EUR/USD Open 1.3618 High 1.3698 Low 1.3605 Close 1.3633Optimism is back after the U.S. Unemployment figures out better than expected on Friday. Euro/Dollar continued trading with an increase on Monday. The currency couple tested the upper limit...
EUR/USD 1.3671 – 8 March 2010
EUR/USD Open 1.3640 High 1.3745 Low 1.3545 Close 1.3620Euro/Dollar depreciated first on Friday ahead of the US Nonfarm payrolls, the Unemployment report and ECB announcement to keep interest rates low. The currency couple tested the lower 1.3545...
EURUSD Analysis – March 6, 2010
EURUSD might be forming a cycle bottom at 1.3435 level on daily chart. Range trading between 1.3435 and 1.3838 is expected next week. Resistance is at the falling trend line from 1.5144 to 1.4579, key resistance is...
EUR/USD 1.3595 – 5 March 2010
EUR/USD Open 1.3583 High 1.3711 Low 1.3556 Close 1.3582Euro/Dollar started decreasing on Thursday ahead of the US Nonfarm payrolls and the Unemployment report due today at 13:30 GMT. The currency couple dropped from 1.3711 down to 1.3556,...