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EUR/USD Daily Technical Forex
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EUR/USD Daily Technical Forex
Mon, Feb 25 2008, 09:29 GMT
by Timothy Straiton
Current level at 10:27 CET is 1.4824, trading marginally below the daily pivot point at 1.4826 but above the hourly Ichimoku cloud top at 1.4789. The daily picture remains positive with Bollinger and standard error bands poised to the upside, while the longer term moving averages are also trending upwards. Pivot point related resistance levels for today are set at 1.4863 and then 1.4900. Support levels are at 1.4789 and then 1.4752. A break of the previous high at 1.4966 would set focus on the 38.2 percent Fibonacci projection target at 1.5725, measured over the 0.8230 - 1.3668 range.
Published on Mon, Feb 25 2008, 09:30 GMT
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- EUR/USD Daily Technical Forex
Published On Thu, Jun 19 2008, 07:50 GMT - EUR/USD Daily Technical Forex
Published On Tue, Jun 17 2008, 12:05 GMT - EUR/USD Daily Technical Forex
Published On Thu, Jun 12 2008, 08:50 GMT - EUR/USD Daily Technical Forex
Published On Tue, Jun 10 2008, 06:39 GMT - EUR/USD Daily Technical Forex
Published On Thu, Jun 5 2008, 07:53 GMT
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.