EURUSD Trading Week

FX:EURUSD   Euro / U.S. Dollar
53 0 0
Market open EURUSD             - currently on daily support - long positions until 1.07161 (previous support now resistance). The overall trend is still bearish for the EUR. Resistance provides opportunity for short positions (+ 300 pips) - sell and hold opportunity until 1.04150 A break through this support level could provide an additional >100 pip short trade until support of 1.03196

The bullish momentum could be further fueled by a short term depreciation in the dollar prior to Janet Yellen's testifying. Ultimately, Draghi and the ECB speech will be the catalyst in downside to monthly support levels mentioned above (1.04150 and 1.03196) , quantitative easing being bearish for the euro             in the form of lower interest rates.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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