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Sunday, July 19, 2009

EURUSD Analysis for EURUSD 20 – 24 Jul

Previous Week (6 – 10 July)

O: 1.3959 H: 1.4072 L: 1.3832 C: 1.3948


Last Week (13 – 17 July)

O: 1.3972 H: 1.4165 L: 1.3897 C: 1.4106

Weekly
Daily

Hourly

  • Trade base on price action for this week as it is clearly still in a range.
  • We could probably expect a small downclose candle on the daily in the earlier part of the week followed by a large upclose on Wednesday with a range on Thursday and Friday.

Resistance: 1.4086, 1.4182, 1.4250, 1.4337

Support: 1.4041, 1.4007, 1.3971, 1.3887

Fundamentals for EURUSD 20 – 24 Jul

Mon – Japan closed

Tue – NY session Bernanke speaks

Wed – NY session Bernanke speaks

Fri – Euro session news

















































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