Forex Analysis: EUR/USD Classic Technical Report 01.04.2013

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.3837+0.0023

Prices have turned lower as expected after putting in a bearish Gravestone Doji candlestick. Sellers have now cleared support at the bottom of a rising channel set from mid-November (now at 1.3091) as well as the 38.2% Fibonacci retracement (1.3060), exposing the 50% level at 1.2983. A drop beneath that aims for the 61.8% Fib at 1.2907. The 1.3060 level has been recast as resistance.

Forex_Analysis_EURUSD_Classic_Technical_Report_01.04.2013_body_Picture_1.png, Forex Analysis: EUR/USD Classic Technical Report 01.04.2013

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

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2519-0.0012-0.10%
    USDSGD=X
    1.7322+0.0011+0.06%
    EURSGD=X
    2.0963+0.0003+0.01%
    GBPSGD=X
    81.6505+0.3541+0.44%
    SGDJPY=X
    6.1943+0.007+0.11%
    SGDHKD=X
    2.5897+0.0011+0.04%
    SGDMYR=X
    9,130.4141+5.4043+0.06%
    SGDIDR=X
    4.9740+0.0093+0.19%
    SGDCNY=X
    1.1706-0.0025-0.21%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,302.80+2.50+0.19%
    GCM14.CMX
    19.52+0.04+0.18%
    SIK14.CMX
    91.87-1.95-2.08%
    ^XAU
    2.980.00-0.13%
    HGK14.CMX
    103.86+0.11+0.11%
    CLK14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.62+0.02
    ^FVX
    2.63-0.01
    ^TNX
    3.46-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.118-0.005-4.07%
    B22.SI
    1.28+0.025+1.99%
    N21.SI
    0.595+0.005+0.85%
    E5H.SI
    2.190.0000.00%
    JS8.SI
    0.975+0.065+7.14%
    B20.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.675+0.055+8.87%
    5VT.SI
    0.975+0.065+7.14%
    B20.SI
    0.425+0.030+7.59%
    5FD.SI
    0.96+0.055+6.08%
    U2T.SI
    1.43+0.080+5.93%
    U19.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.096-0.011-10.28%
    S13.SI
    0.31-0.015-4.62%
    5SY.SI
    0.30-0.020-6.25%
    502.SI
    0.132-0.008-5.71%
    5BM.SI
    0.17-0.010-5.56%
    5WG.SI