EUR/USD: general review

FX:EURUSD   Euro Fx/U.S. Dollar
44 0 1
Current trend

The EUR/USD             pair continues strengthening.
Today, data on the labour market is due to be published in the US. Continuing Jobless Claims are expected to fall to 2.215 million that could support the US Dollar             .
Also today, Fed’s Bullard speech is due regarding perspectives for the American economy. Experts do not expect interest rates to be mentions in the speech, thus strong reaction on the market is unlikely.

Support and resistance

In the short-term, the pair is expected to grow to its resistance at the level of 1.0965 where it is going to reverse down.
Support levels: 1.0714.
Resistance levels: 1.0965.

Trading tips

Open short positions from the level of 1.0965 with the target at 1.0825 and stop-loss at 1.1000.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out