Friday, 13 November 2009
EUR/USD looks in uptrend position:
The currency pair is trading in between 1.4850-14870. The first resistance level is located at 1.4878 and the first support level is located at 1.4860. As we move towards the market closing hour we may see less activity of the currency pair.
Labels:
Forex Trading News
Thursday, 12 November 2009
Industrial Production to be released today:
The Industrial Production data will be released today and if it shows positive results it would push the EUR up to about 1.5040-1.5050.
Labels:
Forex Trading News
Wednesday, 11 November 2009
EUR/USD may test resistance at 1.5000
If the currency pair break the support level of about 1.5000 then we may see another rise to levels of about 1.5090-1.5100
Labels:
Forex Trading News
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