Forexpros Daily Analysis Aug 31, 2009

by forexpros.com | August 31, 2009 7:30 am
Euro Dollar – Indecision Friday corrected a major portion of the move up on Thursday, and early trading this week has been mixed forming a range. Minor resistance has formed at 1.4310 with further resistance at 1.4320. ...

Forexpros Daily Analysis Aug 27, 2009

by forexpros.com | August 27, 2009 9:26 am
EUR/USD – Respects Support In early trading the pair is respecting the 1.4200 level.  This is a horizontal and hourly  trendline support area.  The trendline will rise throughout the day.  The bias is up, with 1.4220 also...

Forexpros Daily Analysis Aug 26, 2009

by forexpros.com | August 26, 2009 6:58 am
EUR/USD – Range Bound The pair continues to trade within a range starting a few days ago. Support is established at 1.4280 and 1.4250 (and just below).  Breaks below these levels indicate further selling.  Target for a...

Forexpros Daily Analysis Aug 25, 2009

by forexpros.com | August 25, 2009 8:31 am
Euro Dollar Support is currently at a 1.4280 and a break below is expected to target 1.4200.   The target, and support, beyond is at 1.4170.Short-term trend line resistance is at 1.4320.  A break above indicates a move...

Forexpros.com Daily Analysis – Aug 24, 2009

by forexpros.com | August 24, 2009 7:21 am
Euro Dollar Some minor support and resistance levels have developed. A break of those levels is likely to set the tone for the day. A rise above 1.4360, especially if confirmed by a push above 1.4375, indicates...

Forexpros.com Daily Analysis Aug 20, 2009

by forexpros.com | August 20, 2009 7:49 am
Euro Dollar 1.4260 proved to be a strong resistance level, stalling the EUR surge yesterday.  Currently the pair appears to be forming a continuation pattern.  But a break below 1.4180 is likely to see a further slide. ...

Forexpros.com Daily Analysis Aug 18, 2009

by forexpros.com | August 18, 2009 6:43 am
Euro Dollar Analysis – Aug 18 There is a band of resistance between 1.4120-1.4140 which so far has held.  There was a downward break from a longer term pattern yesterday, and this is the likely pullback point...

Forex Daily Analysis – Aug. 17, 2009

by forexpros.com | August 17, 2009 7:10 am
EURO/DOLLAR The pair is approaching support between 1.4100 and 1.4120.  A bounce off this level indicates a move higher to rest resistance between 1.4260 and 1.4280.  A break above indicates another move higher and a test of...

Forexpros Daily Analysis – Aug. 13, 2009

by forexpros.com | August 13, 2009 7:03 am
EUR)/DOLLAR The pair is in a short term widening range, with bias currently to the upside.  A push above 1.4250 would confirm, with a target of 1.4310.  1.4340 and 1.4380 are resistance levels beyond.A drop below 1.4200...

Forexpros.com Daily Analysis, Aug. 12

by forexpros.com | August 12, 2009 6:59 am
EURO/DOLLAR A rather tight range yesterday.  A break above the 1.4190 indicates a short term break of the range and a target of 1.4220.  The target beyond is 1.4320 if the pair continues to push higher. A...