1.140
Today
+0.21%
5 Days
-0.63%
1 Month
-2.23%
6 Months
-1.75%
Year to Date
-2.91%
1 Year
-2.85%
Opening Price
1.138Previous Closing Price
1.138
The upside prevails as long as 1.1381 is support, with 1.1420 and 1.1431 as targets
below 1.1381, expect 1.1363 and 1.1353.
The upside prevails as long as 1.1381 is support, with 1.1420 and 1.1431 as targets
Francesco Pesole at ING sees EUR/USD downside risks persisting, with the 1.1320–1.1330 area as key support that could be tested quickly on stronger US data or another sharp Oil move higher.
UOB’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD extended its recent slide to 1.1358, leaving conditions deeply oversold.
The Euro (EUR) remains practically flat against the US Dollar on Friday, trading within a tight range around 1.1380, after dropping 0.8% this week and nearly 2% over the last two weeks.
The Euro (EUR) remains practically flat, just below three-month highs against the British Pound (GBP) on Friday, despite the downbeat German consumer confidence data released earlier in the day.
Commerzbank’s Volkmar Baur highlights that EUR/USD realized 3-month volatility has dropped to near five-year lows. He links part of the calm to highly correlated central bank rate expectations driven partly by oil prices, but notes this cannot fully explain the move.
The Euro (EUR) trades marginally lower at around 1.1375 against the US Dollar (USD) in the early European trade on Friday, but is inside Thursday’s trading range. The major currency pair is broadly under pressure as the US Dollar (USD) outperforms across the board.
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.