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Archive for March, 2009

Forex analysis report for Monday 03.02.2009 and recomended actions

Wednesday, March 4th, 2009

Monday 03.02.2009
EURUSD
The Euro shows a negative bias as it failed to hold above 1.2660/70 support on Friday. Support is emerging at 1.2515 backed by 1.2400/15 and 1.2330. Upside barriers are seen at 1.2680, 1.2800 and 1.2900. Daily momentum is bearish and a break above 1.2900 is needed [...]

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