1.182USD
Today
+0.61%
5 Days
+1.93%
1 Month
+0.22%
6 Months
+0.46%
Year to Date
+0.64%
1 Year
+13.51%
Opening Price
1.175Previous Closing Price
1.175The 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 positive.
below 1.1788, expect 1.1756 and 1.1737.
the upside prevails as long as 1.1788 is support
EUR/USD registers solid gains late in the North American session on Friday after rumors of an intervention in the FX markets to boost the Japanese Yen sent the US Dollar (USD) sliding, with losses of over 0.70%, according to the US Dollar Index (DXY).
The US Dollar (USD) ended the week near a five-week low of around 97.80, maintaining a weak tone amid risk aversion in financial markets.
The Euro (EUR) trades flat against the US Dollar (USD) on Friday, as traders show a muted reaction to the latest US economic data. At the time of writing, EUR/USD is hovering near 1.1750 and remains on track for its first weekly gain in three weeks amid sustained weakness in the Greenback.
The preliminary United States (US) S&P Global Purchasing Managers’ Index (PMI) data for January is due for release today at 14:45 GMT.
Growing consensus that Europe must chart its own strategic path is expected to underpin the Euro (EUR). EUR/USD may see further upside pressure, though resistance around 1.1770-1.1780 remains key, ING's FX analyst Chris Turner notes.
Euro (EUR) is expected to continue to rise; the major resistance at 1.1805 is likely out of reach for now. In the longer run, increase in momentum suggest the likelihood of EUR reaching 1.1805 is rising, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
