Showing Tag: "eur" (Show all posts)

EUR/USD Intraday 02/11

Posted by Jens on Monday, November 2, 2009, In : EUR/USD Pair 

USD Dollar (USD)




The Dollar gained versus most majors as weak Personal Spending and stock declines continued to lower risk appetite. NASDAQ and Dow Jones fell by -2.50% and -2.51% accordingly. Crude dropped by -3.61% closing at 76.99$ a barrel and Gold (XAU) declined by -0.64% closing at 1039.70$ an ounce on stronger Dollar. Today, ISM Manufacturing PMI is expected with 53.1 versus 52.6 prior and Pending Home Sales are expected lower with 0.3% change versus 6.4% prior.


EURO (EUR)




The...


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EUR/USD Intraday -27/10

Posted by Jens on Tuesday, October 27, 2009, In : EUR/USD Pair 
The pair is posting a rebound on its support but its extension should be limited by its new resistance (former channel lower boundry). Suggest short positions below 1.4975 with 1.485 and 1.48 as next targets. The upside penetration of 1.4975 will call for a rebound towards 1.5015 and 1.5065

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EUR/USD Intraday-26/10

Posted by Jens on Monday, October 26, 2009, In : EUR/USD Pair 
The pair remains within the bullish channel and is challenging resistance, a pull back should not be ruled out ahead of a further up move. Suggest long positions above 1.4965 with 1.506 and 1.511 in sight. The downside penetration of 1.4965 will call for 1.491 and 1.4882
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