| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Technicals
EUR/USD Technical Analysis 13 May 2008
EUR/USD 1.5520 - 13 May
The Euro rose sharply yesterday against the US Dollar yeasterday, reaching 1.5566, which is its first resistance level for the currency couple today. If the upward trend continues, next resistance is expected at 1.5610, followed by 1.5700. In downward direction first support is yesterday's bottom at 1.5375, the break of which would lead to next target - 1.5290, followed by 1.5170.
Technical resistance levels: 1.5566 1.5610 1.5700
Technical support levels: 1.5375 1.5290 1.5170
Trading range: 1.5510 - 1.5570
Trend: Upward
Buy at 1.5520 SL 1.5490 TP 1.5560
Yesterday we made +50 pips profit on EUR/USD from the following signal:
6:20 GMT+1 Sell EUR/USD at 1.5417 SL 1.5443 TP 1.5367 TP reached at 7:11 GMT+1
Total yesterday +206, as shown at www.zifx.com/performance.php
USD/CAD: Dollar weakened in early US session Sep 05, 2008 9:27AM- Canadian Ivey PMI declines larger than expected in August Sep 05, 2008 9:09AM
- US Unemployment rises above expectations in August Sep 05, 2008 7:50AM
- USD/JPY Technical Analysis 5 September 2008 Sep 05, 2008 6:23AM
- GBP/USD Technical Analysis 5 September 2008 Sep 05, 2008 4:40AM
- EUR/USD Technical Analysis 5 September 2008 Sep 05, 2008 1:36AM
Trichet Expected to Remain Hawkish as Traders Await ECB Rate Decision
The EUR USD closed lower in New York but a late session short-covering rally helped the market regain much of its earlier loss. Traders attributed the...
nythomas1
Rpchost.com - Free Forex strategies and video training
Every period of time I will post new forex strategy in this forum, you can test it and use it in your forex trading. Today's strategy is :
Bollinger... rpchost
Hello folks,
nice to be here
hope I could learn some trading 'trick' here :D untara
Traditional Men’s Clothing
Since 1898 we’ve outfitted the worlds best dressed men. Woven silk ties, custom tailored shirts & more.
Corporate Website Design
Professional Website Design For Corporate - Get a Free Quote Today
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives