EUR/USD Intraday Trading Support / Resistance Levels February 23, 2012

Update 1 (03:07 GMT): Nothing much left to update. The price has not moved much since yesterday. 1.3240 is proving as a strong magnetic point to which the price always reverts to.

Level Technical Significance
1.3322 Trend High Feb 9
1.3306 100-Day MA
1.3295 21-Day Upper Bollinger
1.3293 Daily High Mar 21
1.325 03:00 GMT THU 23 FEB
1.3186 Daily Low Feb 21
1.3179 21-Day MA
1.3115 Daily Low Feb 17
1.304 21-Day Lower Bollinger

Update 2 (15:06 GMT): The price has rebounded sharply off the 1.3240 level.

Level Technical Significance
1.3486 Daily High Dec 5
1.346 Daily High Dec 8
1.3436 50% of 1.4248-1.2624
1.3343 Hourly High Feb 23
1.3271 14:50 GMT THU 23 FEB
1.3186 Daily Low Feb 21
1.3179 21-Day MA
1.3115 Daily Low Feb 17
1.3047 21-Day Lower Bollinger

EUR/USD Intraday Trading Support / Resistance Levels February 22, 2012

Update 1 (03:30 GMT): The price has spent quite some time above the 1.3200 mark. There is a marked bearishness and the price will surge through the 1.3280 level only if ample bullishness is present.

Level Technical Significance
1.3322 Trend High Feb 9
1.3308 100-Day MA
1.3297 21-Day Upper Bollinger
1.3292 Daily High Feb 10
1.3225 03:20 GMT WED 22 FEB
1.3186 Daily Low Feb 21
1.3172 21-Day Lower Bollinger
1.3115 Daily Low Feb 17
1.304 55-Day MA

EUR/USD Intraday Trading Report February 21, 2012

Update 1 (02:55 GMT): The hourly support of Feb 20th (1.3180) is still holding the price.

Level Technical Significance
1.3322 Daily High Feb 9
1.3309 100-Day MA
1.3299 21-Day Upper Bollinger
1.3292 Daily High Feb 10
1.3193 02:50 GMT TUE 21 FEB
1.3183 Hourly Support Feb 20
1.3115 Daily Low Feb 17
1.3044 55 Day MA
1.3027 21-Day Lower Bollinger

Update 2 (16:36 GMT): The price is rising after testing 1.3200 for the umpteenth time!

Level Technical Significance
1.3322 Feb 9 Hi, 21-WMA
1.3308 100-Day MA
1.33 21-Day Upper Bollinger
1.3292 Daily High Feb 10
1.3265 16:20 GMT TUE 21 FEB
1.3187 10-Day MA
1.316 21-Day MA
1.3115 Daily Low Feb 17
1.3041 55-Day MA
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