Forex Analysis: EUR/USD Classic Technical Report 01.23.2013

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1140-0.0001

Prices put in a bearish Evening Star candlestick pattern, hinting a move lower is ahead. Initial support is at 1.3255, with a break below that targeting the 1.3119-29 area. This barrier is reinforced by a rising trend line set from the July 24 2012 bottom. Near-term resistance is at 1.3403, the January 14 high.

Forex_Analysis_EURUSD_Classic_Technical_Report_01.23.2013_body_Picture_1.png, Forex Analysis: EUR/USD Classic Technical Report 01.23.2013

Daily Chart - Created Using FXCM Marketscope 2.0

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

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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.119-0.004-3.25%
    N21.SI
    0.36+0.01+1.41%
    E5H.SI
    0.9950.0000.00%
    Y92.SI
    4.02-0.08-1.95%
    Z74.SI
    0.22-0.02-6.38%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.285+0.035+14.00%
    5SY.SI
    0.60+0.07+13.21%
    BKB.SI
    0.23+0.03+12.20%
    I06.SI
    0.50+0.05+11.11%
    BFK.SI
    0.67+0.05+8.06%
    5CP.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.305-0.060-16.44%
    BQO.SI
    0.105-0.020-16.00%
    578.SI
    0.181-0.019-9.50%
    P36.SI
    0.21-0.02-6.67%
    1A4.SI
    0.22-0.02-6.38%
    5ME.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3631-0.0007-0.05%
    USDSGD=X
    1.5189-0.0007-0.05%
    EURSGD=X
    1.7880+0.0046+0.26%
    GBPSGD=X
    75.8240+0.366+0.49%
    SGDJPY=X
    5.6882+0.0034+0.06%
    SGDHKD=X
    2.9862+0.015+0.50%
    SGDMYR=X
    9,733.9863-26.0283-0.27%
    SGDIDR=X
    4.8984+0.0015+0.03%
    SGDCNY=X
    1.0238-0.0006-0.06%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,312.10-4.40-0.33%
    GCZ16.CMX
    18.67+0.09+0.47%
    SIU16.CMX
    90.83-1.01-1.10%
    ^XAU
    2.08+0.01+0.34%
    HGU16.CMX
    45.90-0.45-0.97%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.16-0.02
    ^FVX
    1.56-0.01
    ^TNX
    2.230.00
    ^TYX