1.157USD
Today
-0.34%
5 Days
-0.36%
1 Month
-2.72%
6 Months
-1.06%
Year to Date
-1.48%
1 Year
+6.80%
Opening Price
1.161Previous Closing Price
1.161The 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.
The configuration is negative.
above 1.1603, look for 1.1626 and 1.1640.
the downside prevails as long as 1.1603 is resistance
Isabel Schanbel, member of the executive board of the European Central Bank (ECB), said that they must monitor the persistence of the energy price shock in Europe and stay vigilant for upside inflation risks in a speech at the Frankfurt School of Finance and Management Centre for Central Banking in
French President Emannuel Macron said that they will engage with several countries to limit measures to restrict exports, adding that there's obviously a need for a definition of military and political objectives in the war in Iran at a G7 leaders' video conference on Wednesday.
ABN AMRO economists argue that elevated Oil and gas prices from the Iran conflict would hurt Eurozone growth more than US growth, mainly via real income and confidence.
The Euro (EUR) weakens against the US Dollar on Wednesday as the Greenback strengthens after US inflation data came broadly in line with forecasts. At the time of writing, EUR/USD is trading around 1.1587, extending losses for the second straight day.
MUFG’s Head of Research Derek Halpenny highlighted the US Dollar has strengthened less than regression models implied given the initial 50% surge in crude, with EUR/USD down only 1.7% after Oil retraced.
Rabobank’s FX Strategy team expects EUR/USD to remain volatile as higher Oil and food prices stoke inflation concerns and support the Dollar’s safe haven appeal.
