by Fri, 22 May 2009 11:58:25 +0200
Deltastock Daily Fx Analysis
May 22, 2009
Current level-1.3951
EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524.
Our target at 1.3921 has been filled and currently the pair consolidates below the 1.40 sentiment level. The overall bias remains positive for 1.4173 and 1.4367 with risk limit below 1.3728. Intraday support comes at 1.3830 and crucial on the 4h chart is 1.3425.
Full Article
Actualité du forex
Forex News
English
Français
- Forex Trade 15 Feb, Jobless Claims Change, Euro-Zone Gross Domestic Product
- Middle East Tensions Lead to Increase in Price of Oil
- Euro-Zone Meeting May Lead to Heavy Trading Day
- USD Capitalizes on Euro-Zone, Japanese News
- BOJ Actions Cause Yen to Drop
- LEuro Reste Ferme Face Au Dollar Malgré LAnnonce DUn Report De LAide À La Grèce
- Les marchés résistent aux récentes dégradations des agences de notation
- Les tensions du Moyen Orient entraineront une augmentation du prix du pétrole
- La rencontre de l'Euro-Zone aura un impact assez lourd sur le marché
- USD capitalise sur l'Euro-Zone, Nouvelles Japonaises