EUR/USD Buying Entry Sought

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1193-0.0005

EUR/USD Technical Strategy: Pending Long

Prices broke above resistance at 1.3492, the 76.4% Fibonacci expansion, with buyers now challenging the 100% level at 1.3644. A push above that aims for the 123.6% expansion at 1.3796. The 1.3492 mark has been recast as near-term support. A reversal back below that eyes the 61.8% Fib at 1.3397. We continue to monitor the pair for an actionable long entry in line with our 2013 outlook.

Forex_Analysis_EURUSD_Buying_Entry_Sought_body_Picture_1.png, EUR/USD Buying Entry Sought

Daily Chart - Created Using FXCM Marketscope 2.0

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3318+0.0027+0.21%
    USDSGD=X
    1.4907+0.0024+0.16%
    EURSGD=X
    2.0181+0.0061+0.30%
    GBPSGD=X
    90.1659-0.2675-0.30%
    SGDJPY=X
    5.8209-0.0108-0.18%
    SGDHKD=X
    2.6984-0.0056-0.21%
    SGDMYR=X
    9,770.2812-14.9199-0.15%
    SGDIDR=X
    4.6663-0.0087-0.19%
    SGDCNY=X
    1.0418+0.0002+0.02%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,182.80+8.30+0.71%
    GCM15.CMX
    16.28+0.15+0.93%
    SIN15.CMX
    73.19+0.32+0.44%
    ^XAU
    2.91-0.02-0.75%
    HGN15.CMX
    59.06-0.09-0.15%
    CLM15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.51+0.06
    ^FVX
    2.12+0.07
    ^TNX
    2.83+0.07
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.415-0.005-1.19%
    E5H.SI
    0.290.000.00%
    5WA.SI
    0.8650.0000.00%
    N21.SI
    4.35-0.08-1.81%
    Z74.SI
    0.735+0.020+2.80%
    Y92.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.795+0.130+19.55%
    41E.SI
    0.325+0.025+8.33%
    R14.SI
    0.118+0.008+7.27%
    5WV.SI
    1.05+0.06+6.06%
    S85.SI
    0.20+0.01+5.26%
    5TS.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.089-0.017-16.04%
    Q0W.SI
    0.35-0.05-12.50%
    Y06.SI
    0.395-0.045-10.23%
    J2T.SI
    0.108-0.012-10.00%
    E6R.SI
    0.235-0.020-7.84%
    5PL.SI