1.149
Today
+0.09%
5 Days
-1.09%
1 Month
-0.81%
6 Months
-0.47%
Year to Date
-2.21%
1 Year
-2.77%
Opening Price
1.148Previous Closing Price
1.148
The downside prevails as long as 1.1512 is resistance, with 1.1452 and 1.1442 as targets
above 1.1512, look for 1.1527 and 1.1537.
The downside prevails as long as 1.1512 is resistance, with 1.1452 and 1.1442 as targets
Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is posting a small gain versus the US Dollar (USD) as EUR/USD extends Thursday’s modest recovery and attempts to stabilize after the latest FOMC meeting.
EUR/USD remains on the defensive on Friday and heads for a weekly loss as the Federal Reserve’s (Fed) hawkish policy outlook keeps the US Dollar (USD) firmly supported. A rebound in Oil prices and US Treasury yields adds pressure on the pair.
The Euro (EUR) is down 0.12% to near 1.1460 against the US Dollar (USD) during the European trading session on Friday.
ING’s Francesco Pesole highlights that recent European Central Bank commentary remains broadly hawkish, with limited pushback from the dovish camp.
The Euro (EUR) trades in a tight range at around 1.1485 against the US Dollar (USD) during the European trading session on Friday.
Commerzbank’s Volkmar Baur notes that EUR/USD stabilized after the Federal Reserve’s hawkish surprise, with markets now fully pricing another Fed rate hike in December and no cuts until late next year.
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.
