EUR/USD Open 1.3474 High 1.3486 Low 1.3388 Close 1.3455
On Tuesday Euro/Dollar resumed increasing with 90 pips. The European currency appreciated from 1.3388 to 1.3480 yesterday, matching the positive Interbank sentiment projection at above +25%, closing the day at 1.3455. This morning the Euro lifted slightly further, reaching 1.3388. On the 1 hour chart the upward channel is making renewal attempts, while on the 3 hour chart the upward channel looks good. Break above the nearest resistance and today's top at 1.3388 may trigger further strengthening of the Euro. Going bellow yesterday's bottom and first support at 1.3388, however, would confirm continuation of the bearish trend, towards next objective downwards 1.3270. Today's focus is on Germany Import prices, France Consumer spending, Germany Unemployment, and EU17 Harmonized CPI, at 7, 7:45, 8:55 and 10 GMT respectively. Quotes are moving just above the twisted 20 and 50 EMA on the 1 hour chart, indicating slim bullish pressure. The value of the RSI indicator is positive and inclining upwards, MACD is positive and quiet, while CCI has crossed up the 100 line on the 1 hour chart, giving overall all light long signals.
Technical resistance levels: 1.3486 1.3600 1.3727
Technical support levels: 1.3388 1.3270 1.3149
Yesterday we made +34 pips profit on EUR/USD from the following sent to clients only signal:
5:21 GMT Buy EUR/USD at 1.3429 SL 1.3403 TP 1.3479, exit sent 8:36 GMT+1.
Total yesterday +146, as shown in details at http://www.zifx.com/performance-past.php.