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EURUSD Technical Analysis Forecast Wednesday, May 07, 2014

ForexZig.com May 7, 2014

EURUSD Technical Analysis

Within the Tuesday, May 06, 2014 forex currency pair EURUSD opened at 1.38740 and ended at 1.39243.

Daily top value was 1.39507 and daily bottom price was 1.38715.

At the time of the Asian trading the currency pair EURUSD opened at 1.38740 and ended at 1.38752. Asian highest rate was 1.38756, Asian bottom price was 1.38715.

At the time of the European trading the currency pair EURUSD opened at 1.38799 and ended at 1.39248. European highest rate was 1.39308, European bottom price was 1.38751.

At the time of the US trading the pair EURUSD started trading at 1.39386 and ended at 1.39234. U.S. top price was 1.39507, US low was 1.39214.

EURUSD Wednesday, May 07, 2014 Daily analysis for EURUSD

Support Resistance levels for Wednesday, May 07, 2014

S3 S2 S1 Pivot R1 R2 R3
1.38011 1.38363 1.38803 1.39155 1.39595 1.39947 1.40387

EURUSD Forecast

We foresee short-term shift at -0.00169 and a long-term shift at -0.00116 or our prediction is range and to reach 1.39127.

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