Hello, Traders it is good to be back and I have been away from my posts because the Eur/Usd has not made much price movement and has been stuck in a trading range for quite a long time.

I feel like a bit of a broken record saying the same thing every day, but I continue to be of the view that waiting for a trend is superior to trading within the range where support and resistance hold little significance. That said there are a several points to watch…

DAILY  FOREX AND  DOW  JONES RECOMMENDED  LEVELS Provided by Nikolajs Serikovs, Riga, Republic of  Latvia e-mail:  vilks49@yahoo.com , phone: +371 29 824 388 March 12, 2010 GMT 04:53   EUR/USD Today’s support: - 1.3610, 1.3583, 1.3544 and 1.3516(main), where correction is possible. Break would give  1.3472, where correction also may be. Then follows 1.3457. Break of the latter would ...

Apart from the fact that apparently the equity market never goes down anymore, the potentially most exciting technical set-up is selling YEN (buying USD/YEN) or being long, or adding to longs, in the UltraShort Yen ProShares (NYSE: YCS).

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