EUR/USD Today’s support: – 1.3770, 1.3719 and 1.3680(main), where correction is possible. Break would give 1.3668, where correction also may be. Then follows 1.3618. Break of the latter would result in 1.3584. If a strong impulse, we would see 1.3567. Continuation will give 1.3542.
Forex and Dow Jones Recommended Levels
February - 28 - 2011
Forex and Dow Jones Recommended Levels
February - 28 - 2011
EUR/USD Today’s support: – 1.3770, 1.3719 and 1.3680(main), where correction is possible. Break would give 1.3668, where correction also may be. Then follows 1.3618. Break of the latter would result in 1.3584. If a strong impulse, we would see 1.3567. Continuation will give 1.3542.
FX Technical Commentary
February - 28 - 2011
Euro 1.3820 Initial support at 1.3705 (Feb 24 low) followed by 1.3649 (Feb 23 low). Initial resistance is now located at 1.3862 (Feb 2 high) followed by 1.3948 (76.4% retrace of 1.4282-1.2867)
FX Technical Commentary
February - 28 - 2011
Euro 1.3820 Initial support at 1.3705 (Feb 24 low) followed by 1.3649 (Feb 23 low). Initial resistance is now located at 1.3862 (Feb 2 high) followed by 1.3948 (76.4% retrace of 1.4282-1.2867)
Chicago PMI Jumps To 23 Year High, US Recovery Picking Up
February - 28 - 2011
U.S. Dollar Trading (USD) remained under pressure even as US economic data picked up with investor risk appetite encouraging Dollar selling. Chicago February PMI jumped to 71.2 vs. 68.8 previously. In US stocks, DJIA +95 points closing at 12226, S&P +7 points closing at 1327 and NASDAQ +1 points closing
Forex Exchange Morning Report
February - 28 - 2011
US equities rose as oil retreated further and some US data surprised higher. The market took the strong personal income and the Chicago PMI reports as further evidence of recovery, ignoring personal spending and pending home sales. Warren Buff ets pronouncement he was looking for more acquisitions also grabbed the
The Daily Wave Analysis
February - 28 - 2011
The order of waves of the formed impulse is a little changed, however expectations while remain without change. Presumably, the impulse (iii) of [iii] in which frameworks, the price is occupied by development of the correctional wave iv of (iii) is formed. Probably, it will be the Corrective Combination at
The Daily Wave Analysis
February - 28 - 2011
The order of waves of the formed impulse is a little changed, however expectations while remain without change. Presumably, the impulse (iii) of [iii] in which frameworks, the price is occupied by development of the correctional wave iv of (iii) is formed. Probably, it will be the Corrective Combination at