FOREX EUR/USD 15th August 2008

Euro Daily

Early Resistance on the Euro during GMT trading hours at the 3-day filter, but with no buying coming into Euro during US trading hours, instead pushing the currency back down into it's lows.

At this stage Weekly lows as support isn't valid this week, and looks to be pushing lower on Friday.

At this stage the only way Friday will rise is if there is some 'news' that comes out that will effect the US dollar.

No probability pattern on Friday.

Weekly Report tomorrow.

  • All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT


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