Tuesday, September 7th, 2010

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  • Technical Analysis Daily: EUR/USD
    On Monday the Euro/Dollar traded within narrow range. The European depreciated from 1.2914 to 1.2867 yesterday, not matching the positive Interbank sentiment projection, at around +6%, closing the day …
  • Foreign Exchange Market Commentary
    EUR/USD closed lower on Monday and the low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are bullish signalling that a short-term low is in or is near. I …
  • Daily Technical Analysis
    The EURUSD didn't make significant movement yesterday, but we had bearish pressure earlier today in Asian session, hit 1.2789 at the time I wrote this comment. On h1 chart below we can see the bu …
  • Market Morning Briefing
    The Euro (1.2804) has come off from yesterday's high of 1.2919 on concerns about the European bank's to raise fresh furnds. Support is seen at 1.2780 and a break below it might see 1.2700-26 …
  • Forex and Dow Jones Recommended Levels
    EUR/USD Today's support: – 1.2768, 1.2735 and 1.2690(main), where correction is possible. Break would give 1.2677, where correction also may be. Then follows 1.2653. Break of the latter would res …
  • The Daily Forecaster: EURUSD
    The ideal 1.2907 target was broken but not the 1.2921 corrective high and this morning has seen losses develop. I see the 1.2792-97 area supporting for a correction to the 1.2830-42 area from where we …
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