We are still holding a 1.27 target (see orig post) for this currency pair. Updated chart below:
EUR/USD
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EUR/USD – A short term view
If you have read my earlier posts on the EUR/USD you will know that I have a 1.27 target on the pair, for sometime in the first half of 2010. I realize that that is fairly useless from a trading perspective. I have therefore put together a much shorter term analysis…
EUR/USD
The above chart shold show the primary support and resistance levles to 1.27. Good Luck!
Update on EUR/USD
Target remains 1.27, updated chart below:
EUR/USD
Eur/USD initial 1.387 target reached
First lets do the updated charts..
EUR/USD
And the 60 day chart..
EUR/USD
As you can see, we stopped around 1.387. Next week should be interesting. We are still holding on to our 1.27 target for this year.
EUR/USD – Inflection Point ahead
In our last post on the USD (last November) the EUR/USD was around 1.47 and we reckoned it would go to 1.27. We still stand by this guess however we may be approoaching a critical inflection point (1.387) which may be used for either a bounce/consolidation or a total fall. Worth watching when we hit that point. Updated chart below:
EUR/USD
Dollars dont grow on trees
I have put together this chart of the EUR/USD. As you can see the USD was close to going into a horrible collapse, however it stopped at the fan line and started to reverse. I am looking for it to go back to around 1.27.
Euro USD
Update: Adding a close up
closer
