1.156USD
Today
-0.09%
5 Days
+1.29%
1 Month
-1.87%
6 Months
-2.06%
Year to Date
-1.58%
1 Year
+6.93%
Opening Price
1.153Previous Closing Price
1.157The 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.

Short positions below 1.1590 with targets at 1.1525 & 1.1500 in extension.
above 1.1590 look for further upside with 1.1615 & 1.1640 as targets.
short positions below 1.1590 with targets at 1.1525 & 1.1500 in extension.
EUR/USD trades with a mild downside bias on Friday as a modest rebound in the US Dollar (USD) weighs on the Euro (EUR), with price action lacking follow-through buying after failing to sustain a break above the 1.1600 mark.

European Central Bank (ECB) policymaker and Governor of the Central Bank of Ireland Gabriel Makhlouf stated during European trading hours on Friday that the central bank doesn’t have a pre-determined rate path and the decision would be made meeting by meeting.

Eurozone Trade Balance s.a. climbed from previous €11.6B to €12.1B in January

Eurozone Trade Balance n.s.a. registered at €-1.9B, below expectations (€12.8B) in January

According to MUFG’s Derek Halpenny, the ECB’s communication and achievement of its price stability goal leave it in a relatively better position than the BoE, but he is sceptical that higher front-end Euro yields will sustain Euro strength.

ING’s Francesco Pesole highlights that the ECB’s cautious tone masks a hawkish shift, with officials reportedly considering an April rate hike if inflation overshoots. Markets now price earlier tightening and higher odds of back-to-back moves.
