Advertisement
Singapore markets close in 4 hours 26 minutes

  • Straits Times Index

    3,286.64
    -1.11 (-0.03%)
     

  • Nikkei

    37,954.14
    +325.66 (+0.87%)
     

  • Hang Seng

    17,626.75
    +342.21 (+1.98%)
     

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • Bitcoin USD

    64,339.46
    +87.73 (+0.14%)
     

  • CMC Crypto 200

    1,386.50
    +3.93 (+0.28%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,347.30
    +4.80 (+0.20%)
     

  • Crude Oil

    83.89
    +0.32 (+0.38%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,572.85
    +3.60 (+0.23%)
     

  • Jakarta Composite Index

    7,120.06
    -35.23 (-0.49%)
     

  • PSE Index

    6,568.45
    -6.43 (-0.10%)
     

Forex: EUR/USD Technical Analysis 01.31.2013

Ilya Spivak

EUR/USD Technical Analysis- Prices broke above resistance at 1.3492, the 76.4% Fibonacci expansion. Buyers now challenge the 100% level at 1.3644. The 1.3492 mark has been recast as near-term support. A reversal back below this barrier eyes the 61.8% Fib at 1.3397.

Forex_EURUSD_Technical_Analysis_01.31.2013_body_Picture_1.png, Forex: EUR/USD Technical Analysis 01.31.2013
Forex_EURUSD_Technical_Analysis_01.31.2013_body_Picture_1.png, Forex: EUR/USD Technical Analysis 01.31.2013

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.