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Wednesday May 6, 2009 - 12:12:54 GMT
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Forex Blog - EUR/USD forecast range for the NY session
Daily EUR/USD Poll:
high low close spread high lowSurvey ResultsThis is a sentiment survey, so the more who participate the better! Thanks to all!
1.3305 1.3190 1.3200 0.0115 1.3305 1.3180
1.3340 1.3180 1.3220 0.0160 1.3320 1.3190
1.3325 1.3215 1.3255 0.0110 1.3325 1.3205
1.3335 1.3205 1.3270 0.0130 1.3335 1.3206
1.3320 1.3220 1.3280 0.0100 1.3340 1.3210
1.3380 1.3260 1.3290 0.0120 1.3350 1.3215
1.3350 1.3245 1.3300 0.0105 1.3350 1.3220
1.3350 1.3250 1.3310 0.0100 1.3370 1.3245
CURRENT SPOT= 1.3315
1.3450 1.3206 1.3320 0.0244 1.3380 1.3250
1.3370 1.3210 1.3340 0.0160 1.3400 1.3255
1.3400 1.3255 1.3355 0.0145 1.3450 1.3260
1.3450 1.3260 1.3385 0.0190 1.3450 1.3260
1.3365 1.3225 1.3294 0.0140
Participation in the survey a little better than Tuesday. Cautious bias with â‚¬/$ seem modestly lower. Focus again on equity reaction to a slew of data over the rest of the week. We continue to suspect that convictions are weak.
Lows cluster: 1.3205-1.3220
Highs cluster: 1.3350-1.3400.
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