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Archive for February, 2009

11 February technical analysis and recommended actions report

Wednesday, February 11th, 2009

Wednesday 02.11.2009
EURUSD
Daily sentiment maintains a neutral stance after the Euro has switched direction, tripping the downside after the failed attempt to climb past resistance zone of 1.3070/90. Interim support was found on the 1.2800 handle and if it holds, a recovery may occur, focusing on the same [...]

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10 February technical analysis and recommended actions report

Wednesday, February 11th, 2009

Tuesday 02.10.2009
EURUSD
The Euro pulled back into support zone of 1.2800/10 after testing resistance at 1.3070/90 on yesterday. Daily sentiment remains neutral although the Euro got a chance to start developing a bullish structure on yesterday but a close above the 1.3070/90 resistance is needed. Interim resistance is emerging at 1.2920 followed by 1.3070/90 and the [...]

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