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| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2% | ||
Data by fxstreet.com
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Technicals
EUR/USD Technical Analysis 8 July 2008
08 Jul, 2008 @ 01:35 am EST
EUR/USD 1.5695 - 8 July
EUR/USD Open 1.5701 High 1.5752 Low 1.5614 Close 1.5717
The Euro recovered insignificantly yesterday against the US Dollar from Monday's bottom 1.5614 to the top 1.5752, which are the first support and resistance levels respectively for the currency couple today. If the positive trend continues, next resistance is expected at 1.5820, followed by 1.5885. In downward direction next support for today is expected at 1.5560, the break of which would lead to next target 1.5500.
Technical resistance levels: 1.5750 1.5820 1.5885
Technical support levels: 1.5615 1.5560 1.5500
Trading range: 1.5685 - 1.5745
Trend: Upward
Buy at 1.5695 SL 1.5665 TP 1.5735
Yesterday we made +34 pips profit on EUR/USD from the following signal:
5:58 GMT+1 Sell EUR/USD at 1.5645 SL 1.5671 TP 1.5595 exited 8:07 GMT+1
Total yesterday +188, as shown at www.zifx.com/performance.php
Comments
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10/08/2008
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