News - View Article > Education: Articles > Singapore Stock Market Updates On 23/07/10 > Is It Morally Right For New Employers To Check Your Credit? > Chart Presentation: Recap > Increased Fears That The US Economy Will Slide Back Towards Recessionary Conditions > Eurodollar, > $GBPUSD Short > A Baker’s Dozen Of Economic Items > Warren Wants Wesco > Chart Presentation: Equities vs. Bonds > Eur-Chf, > Reduced speculation that the Federal Reserve would act to loosen monetary policy further > Shift in expectations provided some degree of dollar protection > $GBPUSD wedge > Get Latest DOW Count > The Education of a Corporate Bond Manager, Part IX > Just and just, > El Superciclo de Deuda (John Mauldin) > Get a Plan and Stop Complaining > EURUSD in a channel

proacttraders's Commentaries

Aug 16 2010

EURUSD in a channel

by proacttraders
Overall Rating: Average rating is: 0 stars.

EURUSD is in a nice channel and we are looking for follow through to the 1.2723 (S6) area.  A further target is the .382 fib at 1.2691 and the 1.2669 where support can be found.  Upside risk is a break of the channel and then a move to 1.2936.

EURUSD-WIS2a.jpg



Tags: eurusd | currency-market-updates | currencies
More Commentaries by this author

Help Us Rate This Content!


Overall Rating: Average rating is: 0 stars.
Facebook Twitter Digg LinkedIn Bebo Share  
View Comments
Post Answer

Comments

Sign in or Join now to leave aComment and/or rate this content!