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

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.0891+0.0028

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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
    1.3276-0.0049-0.36%
    USDSGD=X
    1.4459-0.0016-0.11%
    EURSGD=X
    2.0227-0.0001-0.01%
    GBPSGD=X
    89.6599+0.4404+0.49%
    SGDJPY=X
    5.8369+0.0207+0.36%
    SGDHKD=X
    2.6692-0.0129-0.48%
    SGDMYR=X
    9,767.2627+48.6865+0.50%
    SGDIDR=X
    4.6843+0.0351+0.76%
    SGDCNY=X
    1.0436+0.0016+0.15%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,202.70+27.70+2.36%
    GCM15.CMX
    16.34+0.71+4.53%
    SIK15.CMX
    72.51+2.56+3.66%
    ^XAU
    2.78+0.03+1.00%
    HGK15.CMX
    56.63-0.52-0.91%
    CLM15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.34+0.01
    ^FVX
    1.920.00
    ^TNX
    2.61-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.23+0.01+2.22%
    5GB.SI
    0.85+0.01+1.19%
    N21.SI
    0.2950.0000.00%
    5WA.SI
    0.425-0.005-1.16%
    E5H.SI
    0.41+0.02+5.13%
    5EN.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.184+0.031+20.26%
    W12.SI
    0.225+0.025+12.50%
    D38.SI
    0.12+0.01+11.11%
    E6R.SI
    0.26+0.02+10.64%
    D79.SI
    0.425+0.040+10.39%
    TI6.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.113-0.046-28.93%
    5IF.SI
    0.105-0.020-16.00%
    5DL.SI
    0.50-0.07-12.28%
    D11.SI
    0.197-0.023-10.45%
    AFC.SI
    0.146-0.016-9.88%
    T19.SI