Monday May 23, 2005 - 12:49:03 GMT
Share This Story
AceTrader - www.acetrader.com
EUR/USD Daily Outlook
EUR/USD - 1.2551
Update Time : 08:22GMT
Euro's downtrend is expected to resume after
consolidation and further weakness to 1.2500 is
envisaged, however, 'loss of momentum' is likely
to prevent steep fall below there today and risk
has increased for a rebound later this week.
Above 1.2600/05 (previous support) would signal
low is possibly in place and bring correction
towards Friday's high at 1.2654.
Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."