Thursday, 31 March 2011

EUR/USD technical analysis today 31.03.2011:

The currency pair is moving upwards above 1.4170 zone. Possible drop to 1.4100 area could be seen in the next hours. In general, the Euro is moving up against the US dollar and further rise above 1.4200 during the trading sessions today.

Wednesday, 30 March 2011

EUR/USD technical analysis today 30.03.2011:

The Euro remains in downtrend movement against the US dollar. Current price 1.4065. Possible rise towards 1.4100 could be seen, and then further drop to 1.4000 should be expected. A clear break below this level will probably take the price down to 1.3980-1.3970.

Tuesday, 29 March 2011

EUR/USD technical analysis today 29.03.2011:

Current price 1.4149. Possible next target around 1.4180. A clear break above 1.4200 may trigger the price towards 1.4230-1.4250 area. Based on the 4 hour chart, the pair remains in uptrend movement.

Monday, 28 March 2011

EUR/USD technical analysis today 28.03.2011:

The currency pair remain in downtrend during the Asian session. Currently the price is 1.4053. Possible rise towards 1.4100 may be seen later today. On the other hand, a clear break below 1.4000 will trigger the pair down to 1.3970.

Friday, 25 March 2011

EUR/USD technical analysis today 25.03.2011:

The currency pair is moving down towards 1.4130 and possible 1.4100 area in the next hours. We may also expect further rise, if the price breaks and holds above 1.4160-1.4170.

Thursday, 24 March 2011

EUR/USD technical analysis today 24.03.2011:

The currency pair is moving upwards in the last hour. Current price 1.4115. Despite this fact, the pair remains in downtrend movement, and we can expect another downtrend towards 1.4050 zone in the next hours. Only a clear break above 1.4170-1.4190, could trigger the price over 1.4200.

Wednesday, 23 March 2011

EUR/USD technical analysis today 23.03.2011:

Current price 1.4183. The pair moved down to 1.4150 in the last hours, and then moved up to 1.4190 area. At the moment, we can see some downtrend movement towards 1.4160, and later we can expect further rise towards 1.4190-1.4200 area.  If the price breaks below 1.4100, further downtrend could be expected.

Tuesday, 22 March 2011

EUR/USD technical analysis today 22.03.2011

The currency pair remains in uptrend position. Current price 1.4236. We may expect some downtrend movement towards 1.4200 and below, then another rise towards 1.4250 area could be expected later today. A clear break above 1.4250 could trigger the price up to 1.4280.

Monday, 21 March 2011

EUR/USD technical analysis today 21.03.2011:

The currency pair is moving sideways. At the moment, there is no clear indication where the price will go to, in the next a couple of hours. Possible uptrend movement could in be favor for the European currency during the sessions today. The price range will probably move between 1.4100 and 1.4180 in the next hours.

Friday, 18 March 2011

EUR/USD technical analysis today 18.03.2011:

The Euro remains in uptrend movement against the US dollar. Current price 1.4045. Possible next targets are 1.4070-1.4090 in the next hours. Trading below the 1.4050 could keep the price range between 1.4000 and 1.4050.

Thursday, 17 March 2011

EUR/USD technical analysis today 17.03.2011:

The currency pair remains in uptrend movement based on the 1 hour chart. We can expect the rise to continue towards 1.4000 zone in the next hours. If the pair keeps trading below 1.3950, then some downtrend movement towards 1.3900 could be seen.

Wednesday, 16 March 2011

EUR/USD technical analysis today 16.03.2011:

Current price 1.3975. The pair remain in neutral movement at this moment. We can expect some downtrend movement towards 1.3950 in the next hours and another rise towards 1.4000 and above, may also be seen during the European and the U.S. trading sessions.

Tuesday, 15 March 2011

EUR/USD technical analysis today 15.03.2011:

The currency pair is moving downwards in the last hours. However, the European currency will most likely recover the low levels, and we may expect some rise towards 1.3960 area at some point today. Before we see some upward movement, we may also expect further decline below 1.3860-1.3840.

Monday, 14 March 2011

EUR/USD technical analysis today 14.03.2011:

At the moment, the pair remains in neutral position. However, we still can expect a rise towards 1.3950 area during the trading sessions today. On the other hand, we may see some downward movement below 1.3900. A clear break below this level may take the pair close to 1.3870 area.

Thursday, 10 March 2011

EUR/USD technical analysis today 10.03.2011:

Current price around 1.3832. The pair remains in downtrend movement, which will probably continue down towards 1.3800 area. If there is a clear break below this level, we may expect the downtrend to continue. On the other hand, if the pair hits the support at 1.3790, another rise towards 1.3850 could be seen.

Wednesday, 9 March 2011

EUR/USD technical analysis today 09.03.2011:

The pair is trading close to 1.3860 area. EUR/USD remains in neutral position at this hours. Possible next target could be a short rise towards 1.3900 in the next hours. On the other hand, the pair may drop down to 1.3800, and then we may expect further decline if the above level is reached.

Tuesday, 8 March 2011

EUR/USD technical analysis today 08.03.2011:

Current price 1.3936. Possible next levels around 1.3950-1.3960 in the next hours. The pair remains in uptrend movement. If the price breaks above 1.4000 area, we could see further rise. Otherwise, the pair will probably move sideways between 1.3920-1.3980.

Monday, 7 March 2011

EUR/USD technical analysis today 07.03.2011:

Current price around 1.3960 with possible next targets 1.3990-1.4010 during the European and the U.S. sessions today. If the price breaks below 1.3930, we may expect some downtrend movement towards 1.3900 area and below.

Thursday, 3 March 2011

EUR/USD technical analysis today 03.03.2011:

The currency pair remains in uptrend movement. Current price around 1.3850, with possible next targets towards 1.3880-1.3890.

Wednesday, 2 March 2011

EUR/USD technical analysis today 02.03.2011:

The currency pair has been trading close to 1.3800 zone in the last a few hours. The European currency seems in uptrend movement, and we can expect a rise towards 1.3850 during the American session hours. On the other side, we may expect 1.3760 area if the pair keeps trading below 1.3800.

Tuesday, 1 March 2011

EUR/USD technical analysis today 01.03.2011:

The currency pair keeps above 1.3800 area. The European currency remains moving up against the US dollar. We may expect the price to go up to 1.3850 in the next hours. If the price drops below 1.3800, we may see some downtrend movement towards 1.3770 area.