Posts Tagged ‘break’:


EUR/USD takes a breather in Asia

Thursday’s trade saw the Euro as well as equity markets reach monthly highs, as confidence and optimism attracted investors to riskier assets, pushing EUR/USD into the 1.4340 price Read more

EURUSD Analysis 2011.10.10

[Forex-1 | Euro vs US Dollar] It’s likely that EURUSD will decline. A break above (1.35345) could be a threat to the bearish scenario targeting (1.36380) even (1.37448). On the downside, immediate support is at (1.33305). Break below that area should keep the major bearish scenario intact testing (1.31638) areaShort positions are favored for today. (more…)

EURUSD Analysis 2011.09.28

[Forex-1 | Euro vs US Dollar] EURUSD is at a crossroads, where it is recommended to evaluate the development of the activity of both parties. A close above (1.36780) will call for (1.37661), and Loss of (1.34694) sees (1.34184).We prefer to wait for break of upper or lower barrier. (more…)

EURUSD Analysis 2011.09.26

[Forex-1 | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.35549) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.34583), however, would confirm continuation of the bearish trend, towards next objective downwards (1.32687).Short positions are favored for today. (more…)

EURUSD Analysis 2011.09.22

[Forex-1 | Euro vs US Dollar] It’s likely that EURUSD will decline. A break above (1.38070) could be a threat to the bearish scenario targeting (1.37832) even (1.38779). On the downside, immediate support is at (1.34975). Break below that area should keep the major bearish scenario intact testing (1.32574) areaShort positions are favored for today. (more…)

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