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Archive for November, 2008

26-11-2008 daily forex quote and market analysis

Thursday, November 27th, 2008

EURUSD
The Euro continues to advance higher against the greenback, testing offers near the 1.31 mark on yesterday. Daily sentiment is bullish, favoring extended gains which may bring key resistance at 1.3250/60 on focus during the upcoming trading session. Support is seen at 1.2925 backed by 1.2800 and 1.2680/00. Resistance levels are emerging at 1.3080/00 followed [...]

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25-11-2008 Daily quotes and analysis of Forex market

Tuesday, November 25th, 2008

EURUSD
Strengthening across the board, the Euro trades higher versus the greenback, testing resistance at 1.2925/50 on yesterday. A sustained break of the said resistance will suggest further upside action, exiting the monthly range. Support is now formed by the previous resistance region of 1.2810-1.2825 and it is being tested at the time of this report. [...]

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