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| Articles about Usd Daily Thoughts |
| EUR/USD Daily thoughts for 26 February 2007 | | 2007-02-25 22:08:00 | | Here you have today's chart, technical and fundamental analysis, plus my forecast and recommended trade.Technical view:EUR/USD is at a major resistance zone (1.3189). Break possibility exists here, but I won't be betting on that today because of the oversold status of the currency.Fundamental view:A day with no major releases awaits for us, forex traders. Low volatility expected and no unexpected movesFed Governor Bies will speak at 2:30GMT, that might generate a bit of aggressive price movement.Trading advice for today, 26 February 2007:I'm expecting a downtrend today because of the oversold condition.Trade suggestion:Took a short (sold) EUR/USD @ 1.3190 with SL @ 1.3220 & TP @ 1.3130-1.3140.... | | By: DailyFX | | |
| | EUR/USD Daily thoughts for 20 February 2007 | | 2007-02-19 17:11:00 | | Technical view:Trading the breakout of the setup explained yesterday.Fundamental view:German PPI m/m at 7:00GMT - low volatility expectedFrance GDP q/q (r) at 7:45GMT - low volatility expectedFed Governor Bies Speaks at 15:30GMT - medium volatility expected; could set a trendTrading advice for today, 20 February 2007:Trade in the direction of the trend.Trade suggestion:Look to go long in the 1.3140 area, SL @ 1.3110, TP @ 1.3180.... | | By: DailyFX | | |
| | EUR/USD Daily thoughts for 19 February 2007 | | 2007-02-18 22:02:00 | | Here you have today's chart, technical and fundamental analysis, plus my forecast and recommended trade.Technical view:EUR/USD is at a major resistance zone. Break possibility exists here, but I won't be betting on that today.Fundamental view:We had some not-so-good news for the US Dollar last week, but now it's a new Monday. Be careful, US markets are closed today - it's President Day in the United States.And there's no important release from the Euro zone.Trading advice for today, 19 February 2007:I'm expecting range trading today in EUR/USD due to the US Holiday.Trade suggestion:Look to sell (short) the EUR/USD @ 1.3180 with SL @ 1.3210 & TP @ 1.3125-1.3130.If 1.3180 doesn't get hit, long in the 1.3110 are, SL @ 1.3080, TP @ 1.3150.... | | By: DailyFX | | |
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