EUR/USD Remains Bullish above 13255

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1270-0.002

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
    1.3916-0.0052-0.37%
    USDSGD=X
    1.5682-0.0089-0.56%
    EURSGD=X
    2.0278+0.007+0.35%
    GBPSGD=X
    82.6265+0.213+0.26%
    SGDJPY=X
    5.5981+0.0156+0.28%
    SGDHKD=X
    2.9590-0.028-0.94%
    SGDMYR=X
    9,664.5449-64.8496-0.67%
    SGDIDR=X
    4.7234+0.0793+1.71%
    SGDCNY=X
    0.9892+0.0009+0.09%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,183.60-15.00-1.25%
    GCJ16.CMX
    15.19-0.26-1.71%
    SIH16.CMX
    54.34-2.43-4.28%
    ^XAU
    2.03-0.01-0.27%
    HGH16.CMX
    28.55+0.61+2.18%
    CLH16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.150.00
    ^FVX
    1.73-0.01
    ^TNX
    2.55-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    1.63-0.05-2.98%
    MC0.SI
    0.325-0.005-1.52%
    N21.SI
    3.66-0.04-1.08%
    Z74.SI
    0.685-0.020-2.84%
    G13.SI
    0.375-0.010-2.60%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.195+0.035+21.87%
    5WR.SI
    0.196+0.026+15.29%
    D79.SI
    0.28+0.03+14.29%
    5SY.SI
    54.640.000.00%
    NF6.SI
    0.39+0.04+11.43%
    AXJ.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    1.30-0.45-25.71%
    5SR.SI
    0.14-0.03-17.16%
    B69.SI
    3.63-0.22-5.71%
    H1O.SI
    0.192-0.023-10.70%
    AWQ.SI
    0.30-0.03-9.09%
    41A.SI