Finotec News Archive - August 27 2007

EUR/USD

EUR/USD Daily Technical Reports

Rodian Rahnayev
27 August 2007

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EUR/USD Longs in play from overnight with a tight stop now below the previous resistance level around 1.3650. Hourly momentum studies are working through o/b readings. Expect consolidation between 1.3660-80 before the market decides whether or not it has enough momentum to challenge important levels towards 1.3710. Look for possible full retracement to 1.3850

Finotec Analysis Team
27 August 2007

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Today's Economic Events





Time Event Currency Period Previous Forecast Significance Actual
14:00Existing Home SalesUSDJul5.75M5.7M35.75Minformation
13:00ECB President Trichet SpeaksEURAug3information

Real Time Forex Quotes

 Contract Bid Ask Time Change
EUR/USD 1.4744 1.4747 20:04:10 -0.00%

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