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October 06 market commentary and technical levels

Mon, 06th of October, 2008 By Setyo Wibowo (analyst@fxinstructor.com) EURUSD Outlook The EURUSD didn’t make a significant movement on Friday. Worse than expected US NFP data help the pair corrected to the upside, topped at 1.3908 but further bullish correction was rejected as the pair closed lower at 1.3772 . This fact keep the current bearish scenario intact.

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October 06 market commentary and technical levels

This entry was posted on Sunday, October 5th, 2008 at 8:33 pm and is filed under Forex, Forex Articles, Forex Education, Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

29 Responses to “October 06 market commentary and technical levels”

  1. [...] Forex wrote an interesting post today onHere’s a quick excerptMon, 06th of October, 2008 By Setyo Wibowo (analyst@fxinstructor.com) EURUSD Outlook The EURUSD didn’t make a significant movement on Friday. Worse than expected US NFP data help the pair corrected to the upside, topped at 1.3908 but further bullish correction was rejected as the pair closed lower at 1.3772 . This fact keep the current bearish scenario intact. [...]

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