EURUSD Daily Dynamic Support and Resistance March 01, 2012

Update 1 (05:25 GMT):

Level Technical Significance
1.3509 38.2% of 1.4940-1.2624
1.3486 2012 Highs Feb 24, 29
1.3466 21 Day Upper Bollinger
1.3392 Hourly Resistance Feb 29
1.335 05:10 GMT THU 01 MAR
1.3295 100-Day MA
1.3231 Daily Low Feb 23
1.3186 Daily Low Feb 21
1.3115 Daily Low Feb 17

Additional analysis – http://t.co/tjLUSJCC

EURUSD Intraday Trading Support / Resistance Levels February 27, 2012

Update 1 (04:40 GMT): 1.3486 (daily high of dec 5 and feb 2) is limiting the up-move of the price for the time being.

Level Technical Significance
1.3615 Daily High Nov 18
1.3608 38.2% of 1.4248 – 1.3213
1.355 Daily High Dec 2
1.3486 Daily High Dec 5 & Feb 2
1.3457 04:30 GMT MON 27 FEB
1.3404 Hourly Support Feb 24
1.3357 Daily Low Feb 24
1.3308 100 Day MA
1.3267 Hourly Support Feb 23

In the meantime, keep the values of Friday too in mind while taking the trading decisions.

EURUSD Intraday Trading Support / Resistance Levels February 24, 2012

Update 1 (09:22 GMT): The price has been continuously rising since yesterday thanks to the favorable news flow. I hope this relief rally sustains today too.

Level Technical Significance
1.355 Daily High Dec 2
1.3486 Daily High Dec 5
1.346 Daily High Dec 8
1.3436 50% of 1.4248-1.2624
1.3398 09:20 GMT FRI 24 FEB
1.3308 100 Day MA
1.3267 Hourly Support Feb 23
1.3232 Daily Low Feb 23
1.3186 Daily Low Feb 21

Update 2 (15:51 GMT): Short sellers are having a tough time trying to comprehend the unprecedented rise of this pair.

Level Technical Significance
1.3608 38.2% of 1.4248 – 1.3213
1.3594 55-Day MA
1.355 Daily High Dec 2
1.3486 Daily High Dec 5
1.3462 15:40 GMT FRI 24 FEB
1.3357 Session Low Feb 24
1.3308 100 Day MA
1.3267 Hourly Support Feb 23
1.3232 Daily Low Feb 23
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