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EUR/USD Daily Outlook
Thu, Jul 24 2008, 08:38 GMT
by AceTrader Team
AceTrader 1-wk TRIAL
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INTRA-DAY EUR/USD OUTLOOK: 1.5657
Updating time : 24 Jul 2008 08:12 GMT
Although euro has fallen after the release of
worse-than-expected German Ifo index n marginal
weakness to 1.5640/45 cannot be ruled out, loss of
downward momentum shud prevent sharp decline n rec-
kon 1.5620/25 wud hold.
Wud not chase this move here n stand aside. Abv
1.5708 wud confirm temp. low is made, 1.5735/40...
Range Forecast
1.5645 / 1.5675
Resistance/Support
R: 1.5708/1.5758/1.5798
S: 1.5635/1.5611/1.5585
*******************************************
Published on Thu, Jul 24 2008, 08:40 GMT
Archive
- EUR/USD Daily Outlook
Published On Fri, Nov 6 2009, 08:30 GMT - EUR/USD Daily Outlook
Published On Mon, Nov 2 2009, 01:09 GMT - EUR/USD Daily Outlook
Published On Wed, Oct 28 2009, 03:17 GMT - EUR/USD Daily Outlook
Published On Fri, Oct 23 2009, 07:03 GMT - EUR/USD Daily Outlook
Published On Thu, Oct 22 2009, 06:37 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.