EUR/USD
EUR/USD is still trading in a range with an upside bias. After the pair broke out of wedge chart pattern it is working its way up towards the measured target @ 1.5850. With oil prices climbing higher each day the target should be reached and probably we can see new life time high around 1.6100/10. I doubt that the EUR/USD will go beyond and probably will spend the summer between 1.5300+- and 1.6100+-. Support is @ 1.5685, 1.5600 and 1.5480. Resistance is @ 1.5815, 1.5850/60 and 1.5915.
September 23rd, 2008 at 8:52 am
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This is the only way you are going to understand the subtleties of the forex market. Once this happens, you’ ll see that currency prices often repeat themselves. There are tons of price patterns which replicate on a constant basis. You just have to be …
September 23rd, 2008 at 2:19 pm
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Tradesight’ s newly released commodities Report, written from 1— CHICAGO, makes it possible for our customers to achieve this goal to take 20 % of foreign exchange. While the exchanges, the CFTC and Congress itself see room for example, overall they al…
September 27th, 2008 at 4:58 am
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September 30th, 2008 at 2:37 am
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There are major currencies in the market, which are trade and are the most liquid. These are US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. Then there are other currencies, which are not so liquid. How…
October 3rd, 2008 at 1:00 pm
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Tilehurst Terriers managing director Craig Beazley is set to appear on Setanta Sports 1 this Sunday alongside former Leicester City and Millwall manager Steve Claridge. The Terriers supremo will be talking about Reading Football Club’ s start to the Ch…