EUR/USD Technical Analysis 02.19.2013

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.3828+0.001

EUR/USD Technical Analysis– Prices turned lower as expected after putting in a Bearish Engulfing candlestick pattern. Sellers are now testing the 50% Fibonacci retracement at 1.3353, a barrier reinforced by rising trend line supports set from late July and mid-November 2012. A break downward targets the 61.8% level at 1.3269. Initial resistance is at 1.3473, the 23.6% Fib expansion, with a reversal above that aiming for the 38.2% level at 1.3578.

Forex_EURUSD_Technical_Analysis_02.19.2013_body_Picture_5.png, EUR/USD Technical Analysis 02.19.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2581+0.0027+0.21%
    USDSGD=X
    1.7396+0.0049+0.28%
    EURSGD=X
    2.1139+0.0073+0.35%
    GBPSGD=X
    81.3322-0.3417-0.42%
    SGDJPY=X
    6.1626-0.013-0.21%
    SGDHKD=X
    2.5984-0.0028-0.11%
    SGDMYR=X
    9,220.2529-79.4316-0.85%
    SGDIDR=X
    4.9669-0.0018-0.04%
    SGDCNY=X
    1.1650-0.0009-0.08%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,291.20+6.60+0.51%
    GCM14.CMX
    19.68+0.24+1.24%
    SIK14.CMX
    91.55-1.32-1.43%
    ^XAU
    3.12+0.06+1.93%
    HGK14.CMX
    101.86+0.42+0.41%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.74+0.03
    ^FVX
    2.690.00
    ^TNX
    3.460.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.123+0.001+0.82%
    B22.SI
    0.15+0.008+5.63%
    545.SI
    0.635+0.040+6.72%
    5WH.SI
    0.615+0.005+0.82%
    E5H.SI
    1.355+0.005+0.37%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    20.00+4.200+26.58%
    K6S.SI
    1.215+0.190+18.54%
    S53.SI
    0.415+0.045+12.16%
    570.SI
    1.345+0.130+10.70%
    5DA.SI
    0.154+0.014+10.00%
    5GD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.053-0.059-52.68%
    5TF.SI
    1.62-0.520-24.30%
    N02.SI
    0.20-0.020-9.09%
    E94.SI
    0.179-0.013-6.77%
    567.SI
    0.30-0.020-6.25%
    508.SI