- Overnight Interest Rate Update 02.09.10 Tue, 09 Feb 2010 05:24 GMT
- RICS Survey Hints UK House Prices May Decline as Supply Swells Tue, 09 Feb 2010 04:41 GMT
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- Feb, 09 Euro/ US Dollar 02-09
- Feb, 08 Euro / US Dollar 2-08
- Feb, 05 Euro / US Dollar 02-05
- Feb, 04 Euro / US Dollar 02-04
- Feb, 03 Euro Reverses at Initial Resistance
- Feb, 02 US Dollar Mixed in Corrective Trading
- Feb, 01 Euro Remains on Track Lower Below 14000
- Jan, 29 Euro / US Dollar
- Jan, 28 Euro Faltering, Targeting 13750
- Jan, 27 Euro / US Dollar
- Jan, 26 Euro Rolls Over; Bearish Below 14200
- Jan, 25 Euro/US Dollar
- Jan, 22 Dollar Mixed; Euro Rally is Corrective
- Jan, 21 Euro / US Dollar
- Jan, 20 Euro Breakdown; Target Zone is 13650-13750
- Jan, 19 Euro / US Dollar
- Jan, 18 Euro / US Dollar
- Jan, 15 Euro / US Dollar
- Jan, 14 Dollar Mostly Lower in Choppy Trade
- Jan, 13 Euro / US Dollar
The bearish count remains valid as the EURUSD is quietly making lower highs and lower lows. Still, we need a break below 1.4625 in order to eliminate bullish alternate counts. Until then, it is certainly possible that consolidation since 1.5066 is simply a triangle (count in red). Bears can move risk down to 1.4940. Potential short term resistance is at 1.4870/85.
Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum. He is the author of Sentiment in the Forex Market. Follow his intraday market commentary and trades at DailyFX Forex Stream. Send requests to receive his reports via email to jsaettele@dailyfx.com.
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