EUR/USD Remains Bullish above 13255

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1171-0.0014

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
    0.123-0.001-0.81%
    N21.SI
    0.3550.0000.00%
    E5H.SI
    0.235-0.005-2.08%
    5ME.SI
    0.725-0.010-1.36%
    G13.SI
    0.315+0.005+1.61%
    5OT.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.55+0.12+27.91%
    BJZ.SI
    0.45+0.09+25.00%
    BFK.SI
    0.46+0.06+15.00%
    M05.SI
    0.23+0.03+12.20%
    BTJ.SI
    0.525+0.055+11.70%
    BQD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.13-0.02-13.33%
    5TI.SI
    0.20-0.03-13.04%
    AWI.SI
    0.176-0.024-12.00%
    A04.SI
    0.166-0.022-11.70%
    AWS.SI
    0.155-0.020-11.43%
    5WD.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3606+0.0014+0.10%
    USDSGD=X
    1.5201-0.0005-0.03%
    EURSGD=X
    1.7812-0.0003-0.02%
    GBPSGD=X
    75.1010+0.184+0.25%
    SGDJPY=X
    5.6979-0.0045-0.08%
    SGDHKD=X
    2.9783+0.003+0.10%
    SGDMYR=X
    9,754.9150+2.4111+0.02%
    SGDIDR=X
    4.9048-0.0095-0.19%
    SGDCNY=X
    1.0278-0.0021-0.20%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,324.00-3.10-0.23%
    GCZ16.CMX
    18.76-0.01-0.04%
    SIU16.CMX
    96.93+1.14+1.19%
    ^XAU
    2.070.00-0.10%
    HGU16.CMX
    47.32+0.34+0.72%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.18-0.06
    ^FVX
    1.57-0.07
    ^TNX
    2.22-0.08
    ^TYX