EUR/USD Remains Bullish above 13255

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.0609-0.0004

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
    0.23+0.01+2.22%
    N21.SI
    0.35-0.03-7.89%
    5ME.SI
    0.118+0.004+3.51%
    AAJ.SI
    0.425-0.005-1.16%
    E5H.SI
    2.42+0.02+0.83%
    C52.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.169+0.064+60.95%
    BRS.SI
    0.395+0.105+36.21%
    AVX.SI
    0.41+0.06+15.49%
    BLL.SI
    0.275+0.035+14.58%
    I06.SI
    0.161+0.020+14.18%
    5TI.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.34-0.10-22.73%
    AYB.SI
    0.45-0.08-15.09%
    BLR.SI
    0.66-0.09-12.00%
    AWE.SI
    0.35-0.03-7.89%
    5ME.SI
    0.585-0.045-7.14%
    BEC.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4186+0.0011+0.08%
    USDSGD=X
    1.5050+0.0002+0.01%
    EURSGD=X
    1.7670+0.0117+0.67%
    GBPSGD=X
    79.7300+0.408+0.51%
    SGDJPY=X
    5.4695-0.0016-0.03%
    SGDHKD=X
    3.1431+0.0031+0.10%
    SGDMYR=X
    9,448.8193+14.9531+0.16%
    SGDIDR=X
    4.8480+0.0079+0.16%
    SGDCNY=X
    1.0898+0.0035+0.32%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,238.80-2.80-0.23%
    GCJ17.CMX
    18.05-0.03-0.16%
    SIH17.CMX
    92.56-1.90-2.01%
    ^XAU
    2.75+0.03+1.16%
    HGH17.CMX
    54.00+0.25+0.47%
    CLJ17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.91-0.03
    ^FVX
    2.42-0.03
    ^TNX
    3.03-0.02
    ^TYX