FOREX Technical Analysis: EUR/USD Unchanged after Friday Surge

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.1076-0.0005

DailyBars

eliottWaves_eur-usd_body_eurusd.png, FOREX Technical Analysis: EUR/USD Unchanged after Friday Surge

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: A longer term breakout was discussed in Friday’s FX Technical Weekly. Near term, the EURUSD may poke above Sunday’s high in order to complete a 5 wave sequence from 13040 before dropping back into 13040/65. This level is defined by the former 4th wave area and the topside of former trendline resistance.

FOREX Trading Strategy: Wait for weakness into at least 13040/65 before considering longs for a longer term breakout.

LEVELS: 13008 13065 1312613226 1328313385

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.

Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3690+0.0013+0.09%
    USDSGD=X
    1.5162+0.0007+0.05%
    EURSGD=X
    2.0886+0.0008+0.04%
    GBPSGD=X
    87.4863-0.0329-0.04%
    SGDJPY=X
    5.6653-0.0049-0.09%
    SGDHKD=X
    2.6724-0.0015-0.06%
    SGDMYR=X
    9,496.6768-7.2363-0.08%
    SGDIDR=X
    4.5819-0.00020.00%
    SGDCNY=X
    1.0710+0.0018+0.17%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,203.90+3.00+0.25%
    GCJ15.CMX
    16.25+0.09+0.57%
    SIK15.CMX
    72.69-1.12-1.51%
    ^XAU
    2.660.00+0.02%
    HGK15.CMX
    51.74+0.21+0.41%
    CLJ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.60-0.01
    ^FVX
    2.120.00
    ^TNX
    2.72+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    4.12-0.04-0.96%
    Z74.SI
    0.122-0.002-1.61%
    G31.SI
    0.136+0.001+0.74%
    5GB.SI
    0.415-0.010-2.35%
    E5H.SI
    0.320.00+1.59%
    AFC.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.25+0.06+31.58%
    B26.SI
    0.235+0.015+6.82%
    D79.SI
    0.48+0.03+6.67%
    MN5.SI
    0.210.00+2.44%
    I07.SI
    0.325+0.015+4.84%
    L02.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.086-0.019-18.10%
    T16.SI
    0.20-0.02-9.09%
    B1N.SI
    0.225-0.015-6.25%
    5OC.SI
    0.64-0.04-5.19%
    O9E.SI
    0.665-0.035-5.00%
    L17.SI