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Scope : Online Forex Trading, Forex Signals, Forex Resources
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Pivot Calculator


 
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Feb 22, 2008

Recommanded Trading

EUR/USD 1.4804

EUR/USD Open 1.4813 High 1.4833 Low 1.4625 Close 1.4759

The currency couple EUR/USD broke its short term resistances at 1.4635 and 1.4700, but than the buying of the Euro continued, which moved the Euro further to 1.4833 yesterday, which is the first resistance for today. Successful break at this level would lead to targeting the absolute record 1.4960, followed by the psychological 1.5000. In downward direction support is given by the level 1.4700, followed by 1.4635, and 1.4580.

Technical resistance levels: 1.4835 1.4960 1.5000
Technical support levels: 1.4700 1.4635 1.4580

Trading range: 1.4790 - 1.4865

Trend: Upward

Buy at 1.4804 SL 1.4772 TP 1.4854

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