EUR/USD daily outlook
Yesterday was quiet and the Euro retraced a bit reaching 1.3940 but recovered soon, getting past the 1.3985 resistance at the time of this writing and preparing to test 1.4. Support is now seen at 1.3960 backed by 1.3940 and 1.3900. Resistance starts at 1.4 and it is followed by 1.4050. Both daily and hourly studies are bullish. We expect the Euro to set fresh highs in the 1.4 area soon, breaking the psychological barrier at 1.4. While the lower half of the 1.39 area remains intact, it has good
EUR/USD Daily Outlook
******************************************* INTRA-DAY EUR/USD OUTLOOK: 1.4167 Updating time : 28 Sep 2007 04:22 GMT Despite early rebound to 1.4179 in tandem with initial rise in cable, euro’s present retreat sug- gests further ‘choppy’ trading below y’day’ high at 1.4190 wud continue, however, below 1.4133 (NY low) is needed to signal temp. top made n yield 1.4112. Abv 1.4190 wud bring gain to 1.4200 but a firm break there is needed to extend to 1.4220/25
Daily Forex Forecast
DAILY FX FORECASTS If you open a real account with our clearing broker FXCM LLC - New York reffered by us you will receive Free Forex Forecasts by FX Dream. For more information, please do not hesitate to contact us at contact@fxdream.com FXDREAM EUR/USD Date: Wed, 26 September 2007 13:10:05 Resistance levels: 1.4160/1.4200/1.4240 Support levels: 1.4100/1.4060/1.4040 EUR/USD has remained ranged above 1.4100 first Support earlier today Today focus will be on US Core Durable Goods Orders at
EUR/USD Daily Outlook
******************************************* INTRA-DAY EUR/USD OUTLOOK : +1.4074+ Updating time : 25 Sep 2007 06:28 GMT Euro’s retreat fm y’day’s record high at 1.4130 suggests consolidation with mild downside bias re- mains for a correction to 1.4050/55 but o/sold con- dition shud prevent steep fall below 1.4042 sup n yield rebound later today. Sell on upticks for st trade, stop as indicated, abv risks possible re-test of aforesaid 1.4130 top. Range Forecast
EUR/USD daily outlook
The Euro advanced higher vs the greenback on yesterday and reached 1.4190 where the daily high was set, then retraced back into the 1.4140 area. Support is now formed at 1.4155. Subsequent floors are seen at 1.4130 and 1.4100. Resistance is emerging at 1.4175 followed by 1.4190. Momentum is positive on both hourly and daily charts. While the 1.4130 support level holds on a potential retracement, the 1.4200 area looks like a “must-reach” target and the Euro may aim towards fresh record-highs
USD/JPY Daily Outlook
————————————————————- INTRA-DAY USD/JPY OUTLOOK : 115.48 Updating time : 26 Sep 2007 23:04 GMT Although dlr has retreated after y’day’s coss- inspired rally to 115.75 n initial consolidation is envisaged in Asia, outlook remains mildly bullish for a re-test of said res, however, loss of momen- tum shud cap price at 115.95/00. For st trade, incline to buy dips for 115.70 1st n only below 115.02 wud signal top is
EUR/USD daily outlook
Yesterday was quiet and The Euro ranged within the 1.4110-1.4150 area. Support is now seen at 1.4130 backed by 1.4110, 1.4100 and 1.4060 lower. Resistance starts at 1.4150 and it is followed by 1.4165 and 1.4200. Daily sentiment is bullish. Momentum is positive on the hourly studies too. It seems that the Euro advances higher at the time of this writing and it may test the highs in the 1.4165 area. A successful break would bring 1.42 on our attention. On the other side, the 1.4115 or 1.4100
Forex Market Outlook on Majors
——————————————————— INTRA-DAY GBP/USD OUTLOOK : 2.0255 Updating time : 24 Sep 2007 02:32 GMT Although cable has risen on active cross buying in sterling n the erratic upmove fm 1.9880 (last wk’s low) is likely to extend to 2.0280/85, nr term o/bot condition wud prevent strg rise beyond 2.0300 in Asia n yield retreat later. Below 2.0199 wud signal intra-day top is made n bring pullback to 2.0174 (prev. res). Stand aside.. Range
Forecast on Forex Majors
USDCHF Price: 1.1731 Resistance: 1.1747 … 1.1773 … 1.1800 … 1.1851 Support: 1.1917 … 1.1699 … 1.1677 … 1.1654 Bias: While 1.1699-17 supports look for gains to move above 1.1766-73 for 1.1800 and higher Daily
USD/JPY Daily Outlook
————————————————————- INTRA-DAY USD/JPY OUTLOOK : 114.93 Updating time : 24 Sep 2007 23:12 GMT Although dlr has recovered after y’day’s fall to 114.65 n consolidation wud be seen ahead of the release of BOJ minutes, a rise abv 115.16 is needed to confirm decline fm 115.86 has made a low there n yield rebound to 115.45/50. Below 114.65 extends to 114.30 but as broad out look remains consolidative, 113.98 sup shud hold…
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