Finotec News Archive - August 30 2007

EUR/USD

EUR/USD Daily Technical Reports

Rodian Rahnayev
30 August 2007

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EUR/USD 30.8.2007

O/n slide reversed after probing the 38.2% of the 1.3365/1.3690 move at 1.3565 and only briefly penetrating the 100-day MA at 1.3575 with hugely o/s hourly studies in bullish divergence. Hourlies are a bit o/b now as the past two days" highs at 1.3680/90 come into view. Dailies are mostly bullish and not o/b yet. 1.3600/1.3720 key wide.

Finotec Analysis Team
30 August 2007

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Today's Economic Events





Time Event Currency Period Previous Forecast Significance Actual
12:30GDP Annualized q/q (r)USD3.4%4.0%44.0%information
12:30GDP Deflator Annualized q/q (r)USD2.7%2.7%42.7%information
12:30Core PCE Q2USD1.4%1.4%31.3%information
12:30Unemployment ClaimsUSDWeekly322K322K3334information
08:00German Unemployment RateEURAug9.0%8.9%29.0%information

Real Time Forex Quotes

 Contract Bid Ask Time Change
EUR/USD 1.4743 1.4746 20:24:07 -0.00%

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