EUR/USD - US session outlook

FX:EURUSD   Euro / U.S. Dollar
Resistance - 1.1173, 1.1196, 1.1236

Support - 1.1122, 1.1101, 1.1088

  • Euro's rebound from the low of 1.1022 has put in place a higher bottoms formation on the hourly chart., however, a failure to take out hourly 100-MA of 1.1152 followed by a break below daily low of 1.1122 could shift risk in favor of a drop to 1.11-1.1088 levels.
  • Note, the daily RSI is yet to hit the oversold territory despite a retreat from a 1.1616. Hence, scope for fall exists.
  • Nevertheless, daily 100-MA level of 1.1173 could be put to test if the US personal spending and income data shows an uptick in the savings rate.
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