Tag Archives: Silver

Daily Technical Report

EUR/USD remains well supported as can beseen by the bounce from the low at 1.3709. Anhourly resistance stands at 1.3811 (11/12/2013high). Supports now stand at 1.3709 and 1.3621.

Daily Technical Report

EUR/USD continues to consolidate close to therecent 1.3832 high. Strong resistance isexpected close to current levels. However, if abreak over 1.3832 can be achieved this wouldopen up a return to the 1.4000 region.

Daily Technical Report

EUR/USD faded yesterday close to the keyresistance at 1.3832. Monitor the test of thehourly support at 1.3740. Another support lies at1.3694 (09/12/2013 low). A key support stands at1.3621 (see also the rising trendline).

Daily Technical Report

EUR/USD is moving higher towards the keyresistance at 1.3832. Hourly supports are at1.3740 and 1.3694 (09/12/2013 low). A keysupport stands at 1.3621 (see also the risingtrendline).

Daily Technical Report

EUR/USD is moving higher towards the keyresistance at 1.3832. Hourly supports are at1.3694 (09/12/2013 low) and 1.3621 (06/12/2013low).

Daily Technical Report

EUR/USD has broken the resistance at 1.3622,confirming a persistent strong buying interest.The short-term technical structure remainspositive as long as the key support at 1.3621(06/12/2013 low) holds.

Daily Technical Report

EUR/USD has broken the resistance at 1.3622,confirming a persistent strong buying interest.The short-term technical structure remainspositive as long as the key support at 1.3621(06/12/2013 low) holds.

Daily Technical Report

EUR/USD has broken the resistance areabetween 1.3622 and 1.3651 (21/10/2013 low),confirming a persistent strong buying interest.

Daily Technical Report

EUR/USD’s rise is still viewed as a short-termrebound. However, the resistance at 1.3622 hasbeen breached, indicating a persistent shorttermbuying interest.

Daily Technical Report

EUR/USD’s rise is still viewed as a short-termrebound. Yesterday’s strength has not been ableto move higher than the resistance at 1.3622,posting a potential lower high.

Daily Technical Report

EUR/USD’s rise is still viewed as a short-termrebound. A break of the support at 1.3490 (seealso the rising trendline) is needed to confirm aresumption of the selling pressures.

Technician

EUR/USD – Momentum is now slightly pro-growth, but indicators show some loss of momentum. Room for further growth seems limited; return to 1.3488 will likely follow later on.