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EUR/USD – A short term view

admin — Mon, 08 Feb 2010 05:13:11 +0000

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

admin — Sun, 07 Feb 2010 16:35:28 +0000

Target remains 1.27, updated chart below:

EUR/USD

AUD/USD

admin — Sun, 31 Jan 2010 23:32:35 +0000

AUDUSD

Although we may get a bounce upto 0.91, I expect this currency to drop to 0.72 (with a pause around 0.8)

Eur/USD initial 1.387 target reached

admin — Sat, 30 Jan 2010 18:58:07 +0000

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.