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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Forex Trading Update: NZDUSD, EURUSD, GBPUSD all held the tech levels so far.

Posted by Greg Michalowski on Fri, 05/09/2008 - 2:09pm in

EURUSD:
Stayed above the 1.5449 level and now testing resistance at 1.5484

NZDUSD:
Held the 0.7665 level and traded marginally higher

GBPUSD:
Held the trendline support at 1.9467 and moved higher.