EUR/USD: general analysis

FX:EURUSD   Euro / U.S. Dollar
38 0 1
Current trend
Last week, the European currency was strengthening against the US dollar             and reached its two-month highs. Today, investors are waiting for the Fed interest rate decision. Experts suggest that, as economic risks are still high, while inflation and unemployment fail to reach the target levels, the Regulator will keep its interest rate unchanged. This decision may support the EUR/USD             pair; otherwise, a sharp fall would follow.
Support and resistance
The level of 1.0996 is seen as a strong support level as both 0.0% Fibonacci and the lower MA of Bollinger Bands have concentrated there. Support levels are 1.1080 and 1.1114 (23.6% Fibonacci). MACD histogram is in the negative zone, its volumes are falling.
Trading tips
Place pending buy orders at the level of 1.1085 with the target at 1.1115 and stop-loss 1.1050.
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