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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 22 July 2008
22 Jul, 2008 @ 01:29 am EST
EUR/USD 1.5914 - 22 July
EUR/USD Open 1.5842 High 1.5935 Low 1.5833 Close 1.5911
The Euro started rising yesterday against the US Dollar from Monday's bottom 1.5833 to this morning's top 1.5813, which are the first support and resistance levels respectively for the currency couple today. If the positive trend continues, next resistance is expected at 1.6000, followed by 1.6080. In downward direction next support for today is expected at 1.5770, the break of which would lead to next target 1.5700.
Technical resistance levels: 1.5935 1.6000 1.6080
Technical support levels: 1.5835 1.5770 1.5700
Trading range: 1.5900 - 1.5965
Trend: Upward
Buy at 1.5914 SL 1.5884 TP 1.5954
Yesterday we made +37 pips profit on EUR/USD from the following signal:
5:57 GMT+1 Buy EUR/USD at 1.5871 SL 1.5845 TP 1.5921 exited 9:39 GMT+1
Total yesterday +140, as shown at www.zifx.com/performance.php
Comments
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