1.119
Today
-0.18%
5 Days
-0.22%
1 Month
-2.22%
6 Months
-4.36%
Year to Date
-4.69%
1 Year
-3.58%
Opening Price
1.121Previous Closing Price
1.121
The downside prevails as long as 1.1239 is resistance, with 1.1189 and 1.1177 as targets
above 1.1239, look for 1.1260 and 1.1272.
The downside prevails as long as 1.1239 is resistance, with 1.1189 and 1.1177 as targets
HCOB Composite Purchasing Managers' Index (PMI) in the Eurozone declined to 51.9 in October's flash estimate from 53.1 in September, showing that the business activity expanded at a softening pace. This print came in below the market expectation of 52.7.
Danske Bank highlights weaker Euro sentiment amid rising French CDS spreads, with EUR/CHF declining and EUR/USD briefly falling below 1.12. US and German bond yields also dropped across the curve, while Eurozone consumer confidence weakened more than expected in October.
United Overseas Bank strategists (UOB) Quek Ser Leang and Lee Sue Ann report that EUR/USD outperformed modestly as the US Dollar (USD) softened, but price action remains choppy and largely directionless.
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.