http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-18.htmlMarket Comment S&P 500 futures traded within a very tight range of 9 points today and closing up 1.25 points, basically flat. We are still looking for a confirmation of the breakout above 1104 in the form of a wide up bar closing on the highs on increasing volume. A noted yesterday we think this price pattern have to appear within the next 3 sessions or so to avoid a pullback. Volatilities in equities and FX options are dropping further today after the market looks confident that the downWed, 18 Nov 2009 09:18:47 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-18.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-17.htmlMarket Comment S&P 500 futures up strong this today and taking out the 1103.25 high from 11th of Nov. The correction off the 1103.25 high on Thursday last week looks short lived and it will be interesting to see if that strong push up through this resistance zone can materialize. If it doesn’t break away higher within the next 3 to 4 sessions we expect to see a deeper correction towards 1050 or so. Volatilities in equities and FX options are dropping further today after the market looksTue, 17 Nov 2009 09:37:25 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-17.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-12.htmlMarket comment S&P 500 futures trade above the 1100 resistance level this morning and thereby making a new yearly high. Still a bit too early to call the breakout as the close of today’s price is vital to evaluate the strength in the market. That being said the run up to 1100 over the last few days gives a bit of mixed signals with the volume not really at the levels we would like to see them for a stronger breakout, meaning we remain a bit cautious until we see a daily close above 1100.Thu, 12 Nov 2009 09:35:00 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-11.htmlMarket comment S&P 500 futures once again approaching the key 1100 resistance level this morning after the successful test last week. Need to see a strong punch through this level to force stops and avoid selling from longs to get a successful break out. As outlined last week Gold has more potential to the upside with overhead resistance at 1118 as the closest resistance level now, which is the 75% quartile of the current rising trend channel, meaning it will only be overbought once itWed, 11 Nov 2009 08:15:57 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-11.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-06.htmlMarket comment S&P 500 futures closed up Wednesday and chart now shows a successful test, which is opening for a move higher to potentially test 1100 key resistance. Need to see a strong punch through this level to force stops and avoid selling from longs to get a successful break out. All probably comes down to the US payrolls figure out on Friday. A strong number would most likely result in a test of 1100 and a weak number would most likely open for move down towards 980 key support. WeFri, 06 Nov 2009 08:15:11 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-04.htmlMarket comment News out from Bershire Hathaway just prior to the US open that they are buying Burlington Northern raised the S&P 500 futures off the morning lows. Look like good buying interest below 1030 that will most likely support prices going into Friday’s US nonfarm payrolls. Volume picking up over the last few days and we get the sense that a lot of players are now making adjustments to their positions coming into FOMC tomorrow and of course Friday’s US nonfarm payrolls. RegardingWed, 04 Nov 2009 10:12:02 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-04.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-03.htmlMarket comment S&P 500 futures closed down Friday and confirming the weakness we mentioned in Friday’s report. So it reversed the strength from Thursday and the next key support level remains 1020. The rising trend line from March 09 was also broken Friday with the close below 1035, another confirmation that market is in correction mode. Also noting that the 23,6% Fibonacci retracement of this March to October rally is all the way down at 996, meaning it could easily fall quite a bitTue, 03 Nov 2009 09:44:40 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-03.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-02.htmlMarket comment at 996, meaning it could easily fall quite a bit lower. US GDP data came out strong yesterday, but have seen several analysts putting a big question mark on that number. We would not be surprised to see a rather large revision to this GDP data on the next GDP release. Gold tested the September high Wednesday (previous resistance, now support), held that level and bounced higher yesterday. That price action signals buying interest and it will be interesting to see what happensMon, 02 Nov 2009 10:53:20 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-11-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-29.htmlMarket comment  The weakness we saw in S&P 500 futures over the last few weeks materialized today and trading down through 1060 at the start of the US session after the weaker than expected US housing data brought sellers out in full force. We have warned that equities looked overdone and the weakness in the background of S&P 500 futures developed over the last few weeks materialized over the last few sessions in a dominant way and next key support is 1038 followed by 1020. TheThu, 29 Oct 2009 10:01:43 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-29.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-28.htmlMarket comment S&P 500 futures breaking below 1070 support today after weaker than expected US Consumer Confidence data came out today. A clear reversal is now present in both S&P 500 futures and Dow Jones futures. So basically both charts are looking weak and a low volume up bar is now what we are looking for to get short. This view would be changed if S&P 500 futures break above 1100, which would open for another leg up. We are not surprised to see weaker US Consumer ConfidenceWed, 28 Oct 2009 10:23:08 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-23.htmlMarket comment Several stocks made reversal type of price action yesterday, making a new highs early in the session and falling back heavily in late trading to close below the previous day’s low. This is certainly not bullish looking price action and S&P 500 futures are below 1075 (former break out level) this morning. A daily close below this 1075 level would open for a correction lower, so we are monitoring the S&P closely over the next few sessions to see the response towards 1070Fri, 23 Oct 2009 08:54:00 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-23.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-21.htmlMarket comment S&P 500 December futures tested 1100 resistance before the US open, but has since moved lower following the release of lower than expected US PPI data. Strong bullish momentum intact above the 1075 level (former key resistance and former break out level). A few weakness signs on the Gold chart and could fall back and test the break out level of 1033 near term. We will monitor Gold closely over the next sessions to potentially set up a short trade. JPY weaker again thisWed, 21 Oct 2009 10:06:37 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-21.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-20.htmlMarket comment S&P 500 futures back above 1085 after a dip in early Asian session towards 1075 support (former break out level). Strong bullish momentum intact above the 1075 level. A few weakness signs on the Gold chart and could fall back and test the break out level of 1033 near term. We will monitor Gold closely over the next sessions to potentially set up a short trade. JPY weaker again this morning as the equities rally and risk appetite increase for carry trades, main beneficiariesTue, 20 Oct 2009 09:28:54 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-20.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-19.htmlMarket comment S&P 500 futures above 1090 this morning and be rallying on strong earning over the last sessions. The break above 1075 opens for more upside, but need to see some strong days to carry the rally away from this break out level, otherwise we see a risk for a failed break out. Bottom line is now strong above 1075 until we see clear weakness. On the other hand, Gold is showing signs of weakness and could fall back and test the break out level of 1033 near term. We will monitorMon, 19 Oct 2009 10:06:48 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-15.htmlMarket comment S&P 500 trading at a new yearly high and above the 1075.75 previous high from 23th of September on the back of stronger than expected earnings out from Intel last night. The weakness from 17th to 24th of September in the S&P 500 futures has now been cancelled out and we are not looking for shorts anymore since the 1075.75 has been taken out. Gold had a successful test Monday followed by a up day yesterday, which opens for higher prices. Looking at the Gold chart there isThu, 15 Oct 2009 11:37:35 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-15.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-13.htmlMarket comment S&P 500 trading at a new yearly and above the 1075.75 previous high from 23th of September. Would like to see a clean powerful break higher above this level to get excited about more upside. The weakness from 17th to 24th of September in the S&P 500 futures is still present and this is the area we need to blast through to get another rally higher. Since it has been able to make another yearly high this morning, we assume the previous weakness was temporarily, so looksTue, 13 Oct 2009 09:26:06 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-13.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-07.htmlMarket comment S&P 500 futures closed higher by 13.50 points yesterday and buying interest that came in right after the US payrolls release Friday continued to drive equities higher. It traded above the minor 1056 briefly, but fall back rather quickly and more resistance at 1065. The weakness from 17th to 24th of September in the S&P 500 futures still in focus in the background and we are now looking for a low volume up bar (daily) to enter shorts. A break above 1075 would again openWed, 07 Oct 2009 17:21:42 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-06.htmlMarket comment S&P 500 futures traded closed higher by 12.75 points yesterday and a further 10 points this morning. The buying interest that we spotted after release of payrolls Friday mentioned in yesterday’s report is taking the market higher as anticipated. The next resistance level is 1056 in S&P 500 futures. USD getting sold overnight and this morning based on an article out in The Independent saying Arab states have started talks with China, Russia, Japan and France to stop usingTue, 06 Oct 2009 13:37:32 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-10-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-18.htmlMarket comment S&P 500 futures making another strong rally yesterday and posting a new high for the year, closing at 1063.50. Still looking fairly strong chart wise, but given the bad historical performance of September and October we are looking for a potential short set up at the current level. Energy have been tracking S&P higher and especially Nat Gas have posted a very strong rally since the low made on 4th of September, up more than 55% in 9 trading sessions. We see strongFri, 18 Sep 2009 08:06:57 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-18.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-11.htmlMarket comment S&P 500 futures taking out the 1030 resistance level today, which opens for a rally towards the yearly high at 1038.75. Euro breaking above the 1.4450 key resistance yesterday and has potential to rally towards the December 2008 high at 1.4719. Gold backed off the highs yesterday and traded back below 1000 USD today. We see a potential risk for a correction lower off the current levels as the move above 1000 USD looks like it was sold into. We are not looking to go shortFri, 11 Sep 2009 05:47:57 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-11.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-09.htmlMarket comment S&P 500 futures trading higher this morning and seems like 1030 is key resistance level that needs to be taken out to open for a rally towards the yearly high at 1038.75. Gold is continuing the recent bullish momentum and trading above 1000 this morning, have Feb09 high at 1007 as near resistance here and expect some selling ahead of this level. Our risk appetite parameter EURJPY is also moving higher in sync with stocks, trading above the 133 level this morning and there isWed, 09 Sep 2009 05:35:29 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-08.htmlMarket comment Stocks rising this morning across Europe and Asia after the G-20 meeting this weekend. The G-20 nations agreed to maintain economic stimulus to help the economy to recover from the financial crisis. Seems the general perception is that economic stimulus needs to be kept to avoid a fall back into recession. Our risk appetite parameter EURJPY is also moving higher in sync with stocks, trading above the 133 level this morning and there is plenty of upside potential is this cross inTue, 08 Sep 2009 11:16:52 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-01.htmlMarket comment JPY stronger across the board this morning as the Democratic Party of Japan won the Japanese election over the weekend. We don’t expect this outcome to really give a prolonged support for the JPY, as the weak fundamentals should limit the JPY strength. Interesting to note that our risk appetite parameter EURJPY still holding above key 132 support. As long as this level holds there is potential for further upside. Cleary the correlation EURJPY and S&P has been less evidentTue, 01 Sep 2009 09:34:01 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-09-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-08-28.htmlMarket comment  S&P 500 futures chart showing some weakness over the last 2 days and could signal a correction, however we don’t go short just yet, we want to see a confirmation signal and that has not happened yet. JPY trading stronger across the board last few sessions and the correlation with equities have faltered over the last week. We had expected to see our risk parameter EURJPY trading towards 139 as S&P broke 1020. However this has not happened and we pay attention to theFri, 28 Aug 2009 10:45:15 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-08-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-08-26.htmlMarket comment S&P 500 futures made a new yearly high and breaking above the previous 1016 high. Yesterday’s price action was slightly bearish with a close well of the high on high volume. Meaning it had to be sellers pushing the price off the highs. So we keep a close eye on the S&P over the next few sessions to see if the weakness signal is confirmed or not. When it comes to the economic outlook we reiterate our outlook for a more “W” shaped recovery and not a “V” shaped one. StillWed, 26 Aug 2009 09:35:17 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-08-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-20.htmlEuro Huge sell off in USD after the FED announced the US$1trn quantitative easing plan. According to Bloomberg the USD suffered its biggest daily loss vs. the Euro since the G7 intervention in 2000. Looks like a solid break out and the next key resistance level is 1.3798, the 8th of Feb 09 high. Also have the falling resistance from the all time high through the December 2008 high coming in at 1.3978 today. Bullish momentum intact above 1.3385 today. Support: 1.3385 (break out level)Fri, 20 Mar 2009 05:46:00 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-20.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-12.htmlEuro Strong rally in stocks yesterday, which supported the Euro early on, but the rally met sellers ahead of 1.2850 level and got knocked down fast towards mid 1.26’s. Normally this strong rejection at the 1.2820 level yesterday should point towards weakness, so a bit surprised to see the yesterday’s highs being tested again today. However above 1.2600 the Euro actually is well supported and of course the risings stock market is helping as well. That correlation with stocks is pretty dominantThu, 12 Mar 2009 06:04:29 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-10.htmlEuro The theme from last week will most likely continue with correlation between the Euro and stock prices to remain dominant, which suggest stronger Euro when stocks rally and stronger USD when stocks fall. Friday’s US Non Farm payrolls data was not as weak as the rumor suggested, so stocks bounced on the release taking the Euro higher, but it was fairly short lived and the sellers stepped later in the session. The interim falling resistance was taken out Thursday, which relieves the downsideTue, 10 Mar 2009 08:02:01 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-06.htmlEuro Expect the correlation between the Euro and stock prices to remain a major theme for the rest of the week, which suggest stronger Euro when stocks rally and stronger USD when stocks fall. Yesterday’s rally came up to test the falling resistance this morning, but sellers took control towards the ECB decision and drove it lower. Yesterday’s low has remained intact, which still opens for a spike higher tomorrow on the US Payrolls release. Have resistance today at falling resistance from DecFri, 06 Mar 2009 06:00:29 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-05.htmlEuro Expect the correlation between the Euro and stock prices to be the main theme today as well, which suggest stronger Euro when stocks rally and stronger USD when stocks fall. The break below 1.2500 key support overnight looks like a stop hunting and option barrier knock out move and it quickly reversed higher. I have seen this type of price action quite a few times during the week that US nonfarm payrolls gets published. Smart money have a decent clue on the upcoming release and run theThu, 05 Mar 2009 06:20:25 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-04.htmlEuro Expect the correlation between the Euro and stock prices to be the main theme today, which suggest stronger Euro when stocks rally and stronger USD when stocks fall. Closed above the 1.2820 falling resistance line last Tuesday, which ended the recent down trend and neutralize charts and opens sideways to higher prices. Only a break below the 1.2500 support would open for another leg down. Have resistance today at falling resistance from Dec 08 high coming in at 1.2750, with minorWed, 04 Mar 2009 06:11:22 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-04.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-02.htmlEuro Expect the correlation between Euro and stock prices to be the main theme also today, which suggest stronger Euro when stocks rally and stronger USD when stocks fall. Closed above the 1.2820 falling resistance line Tuesday, which ended the recent down trend and neutralize charts and opens sideways to higher prices. Only a break below the 1.2500 support would open for another leg down. Have resistance today at yesterday’s high at 1.2810, with minor resistance at the 21 day EMA of 1.2832.Mon, 02 Mar 2009 06:21:08 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-03-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-02-27.htmlEuro Closed above the 1.2820 falling resistance line Tuesday, which ended the recent down trend and neutralize charts and opens sideways to higher prices. Only a break of the 1.2500 support would open for another leg down. The key resistance today is yesterday’s high at 1.2898, with minor resistance at the 21 day EMA of 1.2846. Support: 1.2690 (Monday’s low), 1.2510 (yearly low), 1.2328 (2008 low) Resistance: 1.2898 (yesterday’s high), 1.3000 (psychological resistance), 1.3090 (February high)Fri, 27 Feb 2009 06:10:19 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-02-27.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-02-26.htmlEuro Closed above the 1.2820 falling resistance line yesterday, which ended the recent down trend and neutralize charts and opens sideways to higher prices. Only a break of the 1.2500 support would open for another leg down. The falling resistance line coming in at 1.2760 is minor support today, with the weekly high at 1.2991 as key resistance for today. Support: 1.2690 (Monday’s low), 1.2510 (yearly low), 1.2328 (2008 low) Resistance: 1.3000 (psychological resistance), 1.3090 (February high)Thu, 26 Feb 2009 06:33:12 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-02-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-02-25.htmlEuro Was not able to close above the 1.2820 falling resistance line yesterday and closed significantly off the high (1.2991), which is a sign of weakness. However seems to be good support down at the 1.25 level. So basically looking like 1.2500 to 1.2820 range for now and a close above 1.2820 would be bullish. Only a break of the 1.2500 support would open for another leg down. Support: 1.2510 (yearly low), 1.2328 (2008 low) Resistance: 1.2820 (falling resistance), 1.3000 (psychologicalWed, 25 Feb 2009 10:51:18 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-02-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-01-12.htmlEuro The Euro was sold after the NFP number Friday and came within striking distance of that key 1.3300 support this morning. Bearish sentiment remains below the falling resistance coming in at 1.3685 today, with break out levels being 1.3300 to the downside and 1.3800 to the upside. Support: 1.3300 (Dec. break out level, last week’s low), 1.3115 (Nov. high) Resistance: 1.3800 (break out level, last week’s high), 1.4147 (31/12 high), 240 min –Weak below that falling resistance at 1.3685 today.Mon, 12 Jan 2009 13:12:52 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2009-01-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-09.htmlEuro Took out the falling resistance at 1.2760 yesterday, which opens for a move higher towards 1.3080 -1.3115 key resistance zone that is the gateway for a stronger ally higher. The underlying rising support comes in at 1.2481 today. Also pay attention to that 21 day Exponential Moving Average coming in at 1.2797 today, which have proved to act as support and resistance on several occasions over the last months. Support: 1.2797 (21 day EMA), 1.2760 (break out level), 1.2481 (rising sup),Tue, 09 Dec 2008 12:28:41 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-08.v02.htmlEuro Took out the falling resistance at 1.2760 overnight, which opens for a move higher towards 1.3080 -1.3115 key resistance zone that is the gateway for a stronger ally higher. The underlying rising support comes in at 1.2475 today. Support: 1.2760 (break out level), 1.2475 (rising sup), 1.2323 (January 2006 high) Resistance: 1.3080 (25/11 high), 1.3115 (5/11 high), 1.3295 (30/10 high) 240 min – Trading inside a range since 24th of September. Key resistance is 1.3115 and underlying supportMon, 08 Dec 2008 12:34:36 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-08.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-08.htmlEuro Yesterday it broke that 21 Day EMA (1.2764) and tested that falling resistance line at 1.2840 and this resistance line held. Basically have to take out this falling resistance line (at 1.2800 today) to open for a move higher towards 1.3080 -1.3115 key resistance zone that is the gateway for a stronger ally higher. The underlying rising support comes in at 1.2468 today. Support: 1.2468 (rising sup), 1.2323 (January 2006 high) Resistance: 1.2800 (interim falling resistance), 1.3080 (lastMon, 08 Dec 2008 08:42:19 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-05.htmlEuro Once again the 21 day EMA held as resistance yesterday (3rd in a row) and still a chance for a test of the underlying rising support at 1.2468 near term. Need to see break above that 1.3115 resistance to expand the upside. Support: 1.2468 (rising sup), 1.2323 (January 2006 high) Resistance: 1.2740 (yesterday’s high), 1.2764 (21 day EMA), 1.2840 (interim falling resistance), 1.3080 (last week’s high), 1.3115 (5 Nov high), 1.3295 (30 Oct high) 240 min – Trading inside a range since 24th ofFri, 05 Dec 2008 11:03:32 GMThttp://www.fxstreet.com/technical/analysis-reports/info@avantagefinancial.ch (Avantage Financial GMBH)http://www.fxstreet.com/technical/analysis-reports/foreing-exchange/2008-12-05.html