FOREX Technical Analysis: EUR/USD 13125-13150 is Estimated Support

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1030-0.0073

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FOREX_Technical_Analysis_EURUSD_13125-13150_is_Estimated_Support__body_eurusd.png, FOREX Technical Analysis: EUR/USD 13125-13150 is Estimated Support

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: At this point, sideways trade in the EURUSD since 12/19 is viewed as nothing more than a correction, specifically a flat. Waves A and C of the flat would be equal at 13149, roughly in line with the 12/17 low at 13143. Former highs (10/17 and 12/5) are now potential support if reached at 13126/39 along with the 20 day average. Exceeding 13231 would suggest that the low is already in place.

FOREX Trading Strategy: Looking to turn bullish either above 13230 or below 13155.

LEVELS: 13040 13066 1312613200 1323013260

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3362-0.0002-0.01%
    USDSGD=X
    1.4731-0.0107-0.72%
    EURSGD=X
    2.0729-0.0199-0.95%
    GBPSGD=X
    90.8161+0.2145+0.24%
    SGDJPY=X
    5.8013-0.0006-0.01%
    SGDHKD=X
    2.6938+0.0019+0.07%
    SGDMYR=X
    9,833.8604+20.9189+0.21%
    SGDIDR=X
    4.6385+0.0008+0.02%
    SGDCNY=X
    1.0462-0.0087-0.82%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,204.10-0.10-0.01%
    GCM15.CMX
    17.09-0.04-0.25%
    SIN15.CMX
    71.88+0.03+0.04%
    ^XAU
    2.81-0.04-1.53%
    HGN15.CMX
    59.93-0.79-1.30%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.57+0.06
    ^FVX
    2.22+0.04
    ^TNX
    3.00+0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.295+0.070+31.11%
    AFC.SI
    0.290.000.00%
    5WA.SI
    0.180.00+2.27%
    5OU.SI
    0.215+0.005+2.38%
    5GB.SI
    0.830.000.00%
    N21.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    1.35+0.35+35.00%
    AYN.SI
    0.295+0.070+31.11%
    AFC.SI
    0.27+0.06+28.57%
    AVX.SI
    0.135+0.016+13.45%
    5IF.SI
    0.62+0.06+11.71%
    AWV.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.18-0.02-10.00%
    PH0.SI
    0.15-0.02-9.09%
    5IA.SI
    0.21-0.02-8.70%
    5G1.SI
    0.20-0.02-6.98%
    B1N.SI
    0.765-0.055-6.71%
    533.SI