1.167
Today
-0.08%
5 Days
+0.85%
1 Month
+2.56%
6 Months
-1.00%
Year to Date
-0.66%
1 Year
-0.40%
Opening Price
1.168Previous Closing Price
1.168Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is softer against the Dollar (USD) after an almost 3% rally from late July, with price action turning defensive.
EUR/USD trades flat on Monday as the US Dollar (USD) steadies and markets settle into a calmer tone following the sharp volatility triggered by the US Treasury’s surprise buyback announcement last week. At the time of writing, the pair trades around 1.1670, hovering near levels last seen in mid-May.
Societe Generale’s Kit Juckes notes EUR/USD has retraced half of its drop from above 1.20 to 1.1325 and is now stuck in a range as markets await fresh US data.
ING’s Chris Turner highlights futures data showing asset managers and leveraged funds adding Euro exposure, leaving speculators underweight. He notes recovering German IFO and Eurozone PMIs, and sees limited need for EUR/USD to drop sharply below 1.1660/70 unless risk assets suffer.
The Euro (EUR) nurses minor losses against the US Dollar (USD) on Monday but holds most of the gains taken last week.
Geoff Yu at BNY notes that Europe is seeking a Goldilocks mix of improving activity without reigniting inflation, with Euro strength already tightening conditions.
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.

The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets
above 1.1685, look for 1.1707 and 1.1720.
The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets
Popular Instruments