by Thu, 30 Dec 2010 16:22:00 +0100
Forex: EUR/USD reaches levels above 1.3300
FXstreet.com (Córdoba) – The Euro rose further against the Dollar and rose above 1.3300 for the first time since December 17. EUR/USD posted a new daily high at 1.3314 but retreated afterwards and fell back below 1.3290.
The pair is rising for the second day in a row and has risen more than 200 pips from Wednesday’s low.
“Erratic holiday trading continues as the EUR/USD rallied after a very strong move down, with almost the same strength”, ">said Fan Yang, Chief Technical Strategist at FXTimes.
According to Yang support levels lie at 1.3200/1.3180, 1.3150 and 1.3100-1.3050 while resistance at 1.3300, 1.3330 and 1.3400.
| Technical Analysis (2010-12-30 15:00 GMT) | |
|---|---|
EUR/USD 1.3293/1.3294 - O: 1.3113 H: 1.3119 L: 1.311 C: 1.3115 | |
| Trend | R3: 1.3370 |
 | R2: 1.3337 |
| R1: 1.3304 | |
| S1: 1.3217 | |
| S2: 1.3250 | |
| S3: 1.3284 | |
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