| 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 16 May 2008
EUR/USD 1.5488 - 16 May
The Euro cheapened yesterday against the US Dollar down to 1.5425, after climbing first 1.5545, which are the first support and resistance
levels respectively for the currency couple today. If the downward trend continues, next support is expected at 1.5350, followed by 1.5280.
The upward trend is limited for now by the yesterday's top and first resistance for today at 1.5545, the break of which would lead to next
target 1.5610, followed by 1.5660.
Technical resistance levels: 1.5545 1.5610 1.5660
Technical support levels: 1.5425 1.5350 1.5280
Trading range: 1.5500 - 1.5435
Trend: Downward
Sell at 1.5488 SL 1.5518 TP 1.5448
Yesterday we made +17 pips profit on EUR/USD from the following signal:
6:02 GMT+1 Sell EUR/USD at 1.5491 SL 1.5517 TP 1.5441 exited at 6:14 GMT+1
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- USD/JPY Technical Analysis 3 July 2008 Jul 03, 2008 7:05AM
- GBP/USD Technical Analysis 3 July 2008 Jul 03, 2008 4:38AM
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