EUR/USD - Euro Dollar, American Session - 18/04/08
1,5765. EUR USD broke 1,5880 support. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. The price should find a support above 1,5750. If the resistance is broken then the target will be 1,5600.
- Resistances
- 1,5840 - 1,1880
- Supports
- 1,5750 - 1,5700
This entry was posted on Friday, April 18th, 2008 at 15:26 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave a Reply
Forex News
- GFT Daily Market Commentary
- GFT Daily Market Commentary
- Forex - Dollar was under pressure after disappointing housing sector news
- Forex - Dollar rallied on Wednesday supported by drop in Oil prices and improved confidence in financial sector
- GFT Daily Market Commentary
- GFT Daily Market Commentary
- GFT Daily Market Commentary
- Forex - Forex market believe the worst of the problems in the US financial system are not yet over
- Forex - Dollar ended last week higher after smaller-than-expected loss from Citigroup
- GFT Daily Market Commentary