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June 24, 2008

EUR/USD – American Session – 24/06/2008

Posted in: Currency, Forex, Forex Calendar, Forex Income, Forex Indicator, Forex Info, Forex News, Forex Signal

Short term (Intraday)

1,5529. EUR/USD currency pair is in a range between 1,5565 and 1,5650. EUR/USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,5450 / 1,5650 range.

Resistances 1,5540 – 1,5590
Supports 1,5470 – 1,5440

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