A new day, a new high. That's what we see on the EUR/USD charts nowadays. The Euro closed slightly higher vs the U.S. dollar on yesterday and it established a fresh high at 1.3627. Support is currently formed by 1.3600 backed by 1.3578 and 1.3555. Resistance emerges at 1.3627 followed by 1.3665 and 1.3700. Daily bullishness is intact while the hourly momentum is neutral at the time of this writing. The Euro is advancing more and more towards the 1.3665 mark and yesterday's is the first day when the Euro closes above the 1.36 barrier, giving more clues that the pair is about to establish a fresh all-time high soon. We will look forward for a resume of the uptrend aiming towards 1.3665 but only if 1.3600 and 1.3778 remain intact.
Thanks for detail. 1.3600 has formed a support , so hold it.
-timber(东方木);
2007-4-20(#334@43)
It seems the Wall Street will be on fire today.
-wang-lao-wu(钻石王老五);
2007-4-20(#324@43)
on fire?
-chu.ge(楚格);
2007-4-20(#325@43)
we are expecting opening high? china market's losses was recovered somehow...
-chu.ge(楚格);
2007-4-20(#326@43)
I got in at 4.1 and out 4.5. Because it is a retirement account, I have to limit the time I stay. I tried not to trade long options in retirment account
-wang-lao-wu(钻石王老五);
2007-4-20(#338@43)
I think there are opportunties for us to escape from our $6.0 puts. If you think we need cut the loss, however, please let me know. Thanks
-wang-lao-wu(钻石王老五);
2007-4-23(#428@43)