Daily Forex Analysis, Aug. 11

by forexpros.com | August 11, 2009 6:36 am
EUR/USD – Continued EUR Weakness? The EUR lost more ground yesterday dropping below support at 1.4160. That level has now become upside resistance. A drop below the recent swing lows just above 1.4100 indicates another swing lower...

Forexpros.com Daily Analysis – August 14, 2009

by forexpros.com | August 10, 2009 7:58 am
EUR/USD Charts are setting up for a continuation of Friday’s fall. A drop below 1.4145 will confirm. First target is 1.4100 (also support). Further support is lower at 1.4180-1.4160, and a target beyond at 1.4000. A move...

Forexpros.com Daily Analysis – August 6, 2009

by forexpros.com | August 6, 2009 9:05 am
EUR/USD – Consolidation for Breakout? The pair continues to range after strong moves a few days ago. A break above 1.4460 indicates another swing higher with a target of 1.4550.  Beyond this is 1.4600 – a daily...

Forexpros.com Daily Analysis – August 5, 2009

by forexpros.com | August 5, 2009 9:55 am
EUR/USD – Consolidation for Breakout? The pair is consolidating in a relatively tight range after strong moves over the last several days. The bias for the breakout is higher, with a break above 1.4450 indicating another swing...

Forexpros.com Daily Analysis – August 3, 2009

by forexpros.com | August 3, 2009 8:02 am
EUR/USD After testing the 1.4000 level the pair made a surge to test the highs of the former range at 1.4300.  A break above 1.4320 signals another swing higher.  Initial resistance is at 1.4340 with targets beyond...

Forexpros.com Daily Analysis – July 30, 2009

by forexpros.com | July 30, 2009 8:59 am
EUR/USD The pair broke through support at 1.4120 and more support at 1.4060 but has managed to stay above the 1.4000 level.  A break below 1.4000 will likely target 1.3920 followed by 1.3880.Resistance on the upside is...

Forexpros.com Daily Analysis – July 29, 2009

by forexpros.com | July 29, 2009 8:29 am
EUR/USD Yesterday the pair tested the lows in the current range at 1.4120.  So far that level has held.  A break below indicates a swing down, although a move below 1.4100 would help confirm. 1.4060 is the...

Forexpros.com Daily Analysis – July 28, 2009

by forexpros.com | July 28, 2009 7:39 am
EUR/USD The range continues. Resistance is at 1.4300 and 1.4335-1.4350.  There is little resistance beyond that and rates could surge if that level is surpassed. Support is at 1.4220, 1.4200, 1.4175, 1.4120 and 1.4100. Support is likely...

Forexpros.com Daily Analysis – July 23, 2009

by forexpros.com | July 23, 2009 7:55 am
EUR/USD The pair continues to range (so far) within in a 120 pip range over the last couple of days.  A breakout will eventually occur, with the bias being higher overall. Resistance is at 1.4260 with a...

Forexpros.com Daily Analysis – July 22, 2009

by forexpros.com | July 22, 2009 11:02 am
EUR/USD Uptrend Remains: After chopping trading yesterday the pair is still holding above some important support levels which indicates the pair is likely to continue higher. Support is at 1.4160, 1.4140 and beyond that 1.4100. A break...