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EUR: Bearish below 1,3462 resistance today
Fri, May 25 2007, 10:50 GMT
by Per-Erik Karlsson
Avantage Financial GMBH
Euro
Support/Resistance
Res 3 1,3610
Res 2 1,3525
Res 1 1,3402
Sup 1 1,3403
Sup 2 1,3340
Sup 3 1,3255
Indicators/momentum
EMA'S 1Hour Bearish
15 min Bearish
5 min Bearish
Key Resistance Today: 1,3462
Key Support Today: 1,3340
Favoured Strategy Today: Bearish below 1,3462
Comment:
Bearish below 1,3462 resistance today and the next target on the downside remains 1,3340 support near term. It needs to make a daily close above 1,3477 to open for any stronger rally.
In order to read more about: Cable, Swissy, Yen, EUR/JPY, EUR/GBP, CAD; download de PDF bellow.
Major events today (GMT)
08:30 UK GDP (1QP)
14:00 US Existing Home Sales (Apr)
Rainer's Astrological column:
Logical thinking and potential of overview back after 9:30 am. Afterlunch, very good moment to start projects and o initiate processes. This will continue for approximately 24hrs.
Published on
Fri, May 25 2007, 10:53 GMT
Archive
- Euro: Huge sell off in USD after the FED announced the US$1trn quantitative easing plan
Published On Fri, Mar 20 2009, 05:46 GMT
- Cable: Remains weak below the interim falling resistance coming in at 1.4285 today
Published On Thu, Mar 12 2009, 06:04 GMT
- Cable: Remains weak below the interim falling resistance coming in at 1.4359 today
Published On Tue, Mar 10 2009, 08:02 GMT
- Cable: Remains weak below the falling resistance coming in at 1.4619 today
Published On Fri, Mar 6 2009, 06:00 GMT
- USDJPY: Bullish momentum intact above the interim risings support at 95.73 today
Published On Thu, Mar 5 2009, 06:20 GMT
[ View All ]
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