EUR/USD Remains Bullish above 13255

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.0589-0.0051

WeeklyBars

eliottWaves_eur-usd_body_eurusd.png, EUR/USD Remains Bullish above 13255

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

FOREXAnalysis: The sharp EURUSD selloff has resulted in a bullish RSI signal (basically the opposite of traditional divergence…RSI is getting ahead of price here). In uptrends, buying dips when RSI drops into the 50-40 zone is often a good move.

FOREX Trading Strategy: Long against 13255, for longer term targets just above 13800 and 14300.

LEVELS: 13255 13285 1334213458 1359713643

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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.175-0.004-2.23%
    N21.SI
    0.415-0.005-1.19%
    5ME.SI
    2.58-0.07-2.64%
    MC0.SI
    0.42-0.01-2.33%
    E5H.SI
    0.105-0.004-3.67%
    43E.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.17+0.05+39.34%
    BCV.SI
    0.295+0.045+18.00%
    E28.SI
    0.47+0.06+16.05%
    BTF.SI
    0.23+0.02+9.52%
    40D.SI
    0.395+0.030+8.22%
    BLR.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.165-0.035-17.50%
    K22.SI
    0.095-0.016-14.41%
    42U.SI
    0.176-0.029-14.15%
    BTJ.SI
    0.22-0.03-12.00%
    BJD.SI
    0.22-0.03-10.20%
    B49.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4304+0.0045+0.32%
    USDSGD=X
    1.5146-0.0015-0.10%
    EURSGD=X
    1.7229-0.0106-0.61%
    GBPSGD=X
    79.8380-0.159-0.20%
    SGDJPY=X
    5.4201-0.0125-0.23%
    SGDHKD=X
    3.1209-0.0061-0.20%
    SGDMYR=X
    9,342.9668-27.9756-0.30%
    SGDIDR=X
    4.8225-0.0121-0.25%
    SGDCNY=X
    1.0688+0.0002+0.02%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,202.50+2.70+0.23%
    GCG17.CMX
    16.85+0.03+0.18%
    SIH17.CMX
    87.04+0.81+0.94%
    ^XAU
    2.69+0.02+0.58%
    HGH17.CMX
    52.56-0.45-0.85%
    CLG17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.88+0.02
    ^FVX
    2.38+0.02
    ^TNX
    2.98+0.02
    ^TYX