EURUSD Price Support/Resistance

Price had just shyed away from the previously forecasted 1.3790. The next level we see upwards is around 1.3890 and further up at 1.3950.

*Subscribers receive an average of 2 - 3 intraday timings per currency pair for EURUSD, USDJPY, USDCHF and GBPUSD - an average of 8 - 12 per day.

Result: EURUSD Intraday HAT, 07 Oct 2008

Trading the 6:00 gmt HAT on a 1min chart, for a potential 60+ pips.

*Subscribers receive an average of 2 - 3 intraday timings per currency pair for EURUSD, USDJPY, USDCHF and GBPUSD - an average of 8 - 12 per day

EURUSD Intraday HAT, 07 Oct 2008

A potential reversal, pullback or a breakout is around 6:00 gmt.

Best Wishes and Happy Trading.

*Subscribers receive an average of 2 - 3 intraday timings per currency pair for EURUSD, USDJPY, USDCHF and GBPUSD - an average of 8 - 12 per day.

EURUSD Price Support/Resistance

All of the targeted price levels from last Friday were hit on the first day of trading this week!

Support and resistance levels that we see at the moment are:

R2: 1.3790
R1: 1.3620
Current Price: 1.3515
S1: 1.3450
S2: 1.3285

Market is still in a strong downtrend but there is a possibility of this coming to a temporary halt this week.

Let's see how the dance goes.

Best Wishes and Happy Trading

*Subscribers receive an average of 2 - 3 intraday timings per currency pair for EURUSD, USDJPY, USDCHF and GBPUSD - an average of 8 - 12 per day.

EURUSD Price Support/Resistance

As at today, price has already touched the support level at 1.3710 which was projected yesterday. The next level below already mentioned yesterday is 1.3600.

Since price is moving at a super fast rate nowadays, I won't be surprised to see 1.3600 target hit within next week. If this too is broken then we might see price heading south towards 1.3540 and 1.3475.

Let's see how price is dancing to this.

*Subscribers receive an average of 2 - 3 intraday timings per currency pair for EURUSD, USDJPY, USDCHF and GBPUSD - an average of 8 - 12 per day.