বুধবার, ১১ সেপ্টেম্বর, ২০১৩

EUR/USD: Upside pressure grows, 1.33 caps

১০:৩৩ AM    4 comments


Despite stocks advanced strongly, the US session has been pretty quiet when it comes to the forex board. Up beating Chinese data along with easing concerns regarding Syria, helped US indexes to erase past 4 weeks losses, although the EUR/USD remained caped below Monday high of 1.3280. Trading in a tight range the hourly chart presents a neutral stance, with indicators hovering around their midlines and price around a flat 20 SMA. In the 4 hours chart indicators head slightly higher after correcting extreme overbought readings, supporting a new leg up. The pair however, needs to breach the 1.3300 level to confirm a clearer upside momentum with scope to retest then the 1.3410/30 price zone. 
Support levels: 1.3250 1.3220 1.3185
Resistance levels: 1.3300 1.3335 1.3360 

৪টি মন্তব্য:

  1. James১৭ জুন, ২০১৪ এ ৬:৫৫ AM

    EUR/USD is holding its own and remains in the higher end of the 1.3 handle, quite remarkable given the ground lost at the end of last week's session. EUR/USD initially decoupled from interest rate differentials in late 2013. However, the yawning chasm has grown yet further in June. OctaFX gives free analysis for all major currencies.

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  2. Joost২৩ জুন, ২০১৪ এ ১:৪৮ AM

    The EUR/USD rose during the American session, moving toward 1.3600 after finding support at 1.3560. Despite falling on Friday the Euro is still headed toward a weekly gains versus the US dollar. To get EURUSD analysis everyday you can go with OctaFX broker. This platform provides Best analysis I have ever got.

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  3. নামহীন৮ ডিসেম্বর, ২০১৪ এ ৬:৫৬ PM

    It’s great that we could read about these stuff from this wonderful site, it helps newbies like me to know where the trend is and thankfully with a supporting broker like OctaFX, it makes even easier to trade with their amazing swap free account, It allows me to keep my trades open for longer period, therefore I can analysis and target long term results which also is risk free, so having a great broker with a site like this is just wonderful!

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  4. Blogger১০ সেপ্টেম্বর, ২০১৬ এ ৭:৩০ AM

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