Thursday, August 24, 2006

Daily Forex Tips

EUR/USD

EUR/USD Current spot rate: 1.2778, Pivot: 1.2804
Today trading range: 1.2700 - 1.2845

Resistance: 1.2795 , 1.2845 , 1.2900
Support: 1.2760 , 1.2735 , 1.2700

Advice: There are news from EU and US today, but we expect bearish movements to continue this week, so maybe we'll see break of 1.2760. We sell at current price 1.2778 with 1.2700 target and stop above 1.2815. Good luck.

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1 comments:

EResourcesForSuccess said...

Options? Bonds? Metal? I'd rather keep it all in learning to trade forex.