EUR/USD: another session with no visible leader

FX:EURUSD   Euro / U.S. Dollar
136 0 1
"The risk-off environment has a tendency to drive euro             higher."
- Bank of Montreal (based on Bloomberg)

Pair's Outlook
Neither the bulls nor bears have again gained any leadership in terms of driving the EUR/USD             currency pair. It traded in a wide range between 1.0945 and 1.0830 yesterday, but nobody managed to close the session any near both of these levels. The pair keeps hovering slightly above 1.0860 today, while positive US fundamentals later in the day should expose 1.08 (55-day SMA ; monthly PP), which used to be a reliable support earlier this week. A negative surprise, however, could result in a climb above the two-month trend-line at 1.09.

Traders' Sentiment
The share of long traders bounced back to 45% by Friday morning. Commands to sell the Euro             against the Buck in 50 and 100-pip ranges were pushed as high as 61% and 54%, respectively.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out