Home

MENAFN News

Market Data

Research

Tools

Cart

Weather

Quotes:

MENA

Enter Symbol:

NewsLetter:

Search:

advanced

EUR/USD Classical Technical Report 04.25

MENAFN - DailyFX - 25/04/2012


No. of Ratings : 0

E-Mail Article

Printer-Friendly

Translate

Text Size

daily_classical_euro_body_eur.png, EUR/USD Classical Technical Report 04.25

EUR/USD: The latest round of setbacks have stalled ahead of some key multi-week support by 1.3000 and from here we still can not rule out risks for additional consolidation above 1.3000, before considering bearish resumption. Last Friday’s bullish close opens the door for additional gains over the coming sessions but ultimately, any rallies towards 1.3400 should be well capped. A break and daily close back under 1.3000 is now required to put pressure back on downside and accelerate declines to the early 2012 lows at 1.2660.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

MENA News Headlines

	May 20 2013	Saudia to start flights to LA, Toronto ,MENAFN
		(MENAFN) Saudia's deputy director general, Abdul Aziz Al-Hazmi, announced that the Kingdom's national carrier will add Los Angeles and Toronto to its North American network, reported Arabian ...

	May 20 2013	Indonesia names new finance minister ,AFP
		(MENAFN - AFP) Indonesia's president on Monday named the country's investment chief as the new finance minister, putting him in charge of Southeast Asia's top economy at a time of major ...

	May 20 2013	EU, China have 'much to lose' in case of trade war ,AFP
		(MENAFN - AFP) The latest tit-for-tat EU-China trade disputes could signal worse to come but both sides have a lot to lose if things get out of hand and harm the much-needed economic growth they ...

	May 20 2013	Yahoo! to buy blog-maker Tumblr for $1.1 bn ,AFP
		(MENAFN - AFP) Yahoo!'s board has approved a deal to purchase the popular blogging platform Tumblr for $1.1 billion in cash, The Wall Street Journal reported. The deal, if confirmed, would be the ...

	May 20 2013	Britain's Cameron makes personal plea to tax havens ,AFP
		(MENAFN - AFP) British Prime Minister David Cameron on Monday wrote to leaders of oversees tax havens, urging them to help the country's efforts to combat tax evasion and avoidance. Cameron sent a ...

	May 20 2013	Danone strikes deals to meet China's taste for yogurt ,AFP
		(MENAFN - AFP) French food industry group Danone is ramping up its presence in the growing Chinese market for dairy products with two deals on Monday to tap sales of yogurt and health foods, the ...

	May 20 2013	H&M mulling production in S. America, Africa: CEO ,AFP
		(MENAFN - AFP) Swedish fashion giant H&M is considering starting production in South America and Africa, chief executive Karl-Johan Persson told the Financial Times in an interview published on ...

	May 20 2013	Alzheimer's leaves bilingual victims stranded in Canada ,AFP
		(MENAFN - AFP) The devastating effect of Alzheimer's disease on bilingual people has been thrown into focus in Canada, where the sudden loss of a second language can leave sufferers feeling like ...

	May 20 2013	Ryanair lifts profit slightly, sees 'moderate' growth ,AFP
		(MENAFN - AFP) Irish no-frills airline Ryanair raised net profit slightly in its last financial year but said on Monday that traffic was set to rise this year. Ryanair, based in Dublin, said that ...

	May 20 2013	Namesake TV channel breaks National Geographic mold ,AFP
		(MENAFN - AFP) Lots of people find a home on the National Geographic Channel, from tuna fishermen to Mormons with more than one wife and "preppers" stocking up their bunkers for the end of the ...

more...

Most popular stories

24 Hours

7 Days

30 Days

Track Flight Status & more at www.flightstats.com


		MENAFN News	Market Data	Countries	Tools	Section
	Arabic MENAFN	Main News News By Industry News By Country Marketwatch News UPI News Comtex News IPO News Islamic Finance News Private Equity News How-To Guides Technology Section Travel Section Search News	Market Indices Quotes & Charts Global Indices Arab Indices US Markets Details Commodoties Oil & Energy Currencies Cross Rates Currencies Updates Currency Converter USA Stocks Arab Stocks	Algeria Bahrain Egypt Iraq Jordan Kuwait Lebanon Morocco Oman Palestine Qatar Saudi Arabia Syria Tunisia UAE Yemen	Weather Investment Game Economic Calendar Financial Glossary My MENAFN Portfolio Tracker Voting Financial Calculators RSS Feeds [XML]	Corporate Monitor Events Real Estate Submit Your Property Arab Research Buy a Research Press Releases Submit your PR Join Newsletters

© 2000 menafn.com All Rights Reserved. Terms of Service \| Privacy Policy \| Contact Us \| Advertise \| About MENAFN \| Career Opportunities \| Feedback \| Help