EUR/USD Remains Bullish above 13255

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1235-0.0077

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 Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4166+0.0039+0.28%
    USDSGD=X
    1.5917-0.0061-0.38%
    EURSGD=X
    2.1665+0.0043+0.20%
    GBPSGD=X
    84.7309+0.2053+0.24%
    SGDJPY=X
    5.4708-0.0153-0.28%
    SGDHKD=X
    2.9753+0.0066+0.22%
    SGDMYR=X
    9,988.3545+48.4883+0.49%
    SGDIDR=X
    4.4858-0.021-0.47%
    SGDCNY=X
    0.9924+0.0014+0.14%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,136.40-3.40-0.30%
    GCZ15.CMX
    14.60-0.02-0.14%
    SIZ15.CMX
    45.40-1.41-3.02%
    ^XAU
    2.33+0.03+1.24%
    HGZ15.CMX
    45.32-0.09-0.20%
    CLV15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.52+0.01
    ^FVX
    2.18+0.01
    ^TNX
    2.94+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.132+0.004+3.12%
    5DN.SI
    0.310.00-1.59%
    5WA.SI
    0.53+0.01+1.92%
    N21.SI
    0.3050.0000.00%
    E5H.SI
    3.67-0.04-1.08%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.28+0.05+21.74%
    L38.SI
    0.24+0.04+21.21%
    C10.SI
    0.295+0.045+18.00%
    578.SI
    0.485+0.055+12.79%
    MN5.SI
    0.33+0.03+10.00%
    5VI.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.105-0.033-23.91%
    5DL.SI
    0.17-0.03-15.00%
    5G1.SI
    0.094-0.016-14.55%
    F10.SI
    0.095-0.015-13.64%
    T77.SI
    0.14-0.02-12.50%
    T19.SI