Today
+0.50%
5 Days
+0.09%
1 Month
-0.27%
6 Months
-4.33%
Year to Date
-4.54%
1 Year
-2.80%
Opening Price
1.116Previous Closing Price
1.116
The upside prevails as long as 1.1177 is support, with 1.1228 and 1.1240 as targets
below 1.1177, expect 1.1157 and 1.1145.
The upside prevails as long as 1.1177 is support, with 1.1228 and 1.1240 as targets
Chris Turner at ING highlights Fitch’s unscheduled shift of France’s sovereign outlook to negative, which may weigh on French bonds and the Euro (EUR).
MUFG’s Lee Hardman highlights US mid-term election risks, with a potential Republican loss of Congress seen as dampening Dollar strength. A less hawkish Fed, lower US Treasury yields and pressure on US AI-related equities add downside risks for the Dollar.
• EURUSD rebounded due to lower energy prices and easing U.S. Treasury yields. • Narrowed yield differentials prompted institutional investors to trim long-dollar positions. • Persistent structural challenges in the euro area constrain the broader macroeconomic landscape.
The Euro (EUR) appreciates 0.2% against the US Dollar (USD) on Monday as a moderate risk appetite, with Oil prices pulling down from highs, has offset investors' disappointment about the weak German consumption figures.
German Retail Sales, a key measure of consumer spending, showed a surprised downside in September. The consumer spending measure fell 2.0% month-on-month (MoM), according to official data released by Destatis, while it was expected to have increased 0.4%.
Commerzbank’s Thu Lan Nguyen notes EUR/USD has settled around 1.12 after dropping from 1.16, with options-implied volatility falling again.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.