Tuesday 01.27.2009
EURUSD
The Euro advanced past key upside barrier into the 1.3080 zone on yesterday, the 380 points rally suggesting that a trend reversal is in progress. The daily momentum is bullish and will remain this way while support at 1.3080 holds. Near term resistance is formed at [...]

Monday 01.26.2009
EURUSD
Downside is back on focus although the Euro recovered on Friday after reaching a fresh multi-week low at 1.2765. Support is seen into the 1.2860 zone backed by Friday’s low at 1.2765 then 1.2550/60 lower. On the upside, resistance emerges at 1.2960 and a break is [...]