Finotec News Archive - August 29 2007
EUR/USD
EUR/USD Daily Technical Reports
Rodian Rahnayev 
29 August 2007
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Short taken with the break below 1.3620, which is the 20-day MA, the 21.4% Fibo of the 1.3365/1.3690 recovery and prior hourly low today. The second clearer break below 1.3620 puts support at 1.3555-65 into play next. Daily RSI has rolled over but other dailies are still in mediocre buys. Stop is tight above the prior intraday support at 1.3645.
Finotec Analysis Team
29 August 2007
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Today's Economic Events
Time  |
Event |
Currency
|
Period | Previous | Forecast |
Significance
|
Actual | |
|---|---|---|---|---|---|---|---|---|
| 14:30 | Crude Oil Inventories | USD | Weekly | 1.9M |  |  | ||
| 06:00 | German Consumer Confidence | EUR | Sep | 8.7 | 8.5 |  | 8.5 | |
Real Time Forex Quotes
| Contract | Bid | Ask | Time | Change |
|---|---|---|---|---|
| EUR/USD | 1.4743 | 1.4746 | 20:23:00 | -0.00% |