Guest Commentary: EUR/USD Rally Set to Extend Further

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SymbolPriceChange
EURUSD=X1.0582+0.0027

EURUSD rally from 1.2660 is unfolding as WXY ( 7 swings ). We see further strength ahead toward 1.3643 equality target so traders may look to capitalize by buying dips toward 1.3150 - 1.3200

By: Eric Morera, Elliottwave-Forecast

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.27+0.02+5.88%
    N21.SI
    0.198+0.022+12.50%
    40F.SI
    1.03+0.05+5.10%
    G13.SI
    0.131+0.017+14.91%
    41F.SI
    0.395+0.035+9.72%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.325+0.075+30.00%
    PA3.SI
    1.815+0.280+18.24%
    S51.SI
    0.128+0.017+15.32%
    UV1.SI
    0.53+0.07+15.22%
    BLR.SI
    0.131+0.017+14.91%
    41F.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.10-0.03-21.26%
    A7S.SI
    0.145-0.034-18.99%
    AZR.SI
    0.094-0.014-12.96%
    5DL.SI
    0.295-0.040-11.94%
    BPF.SI
    0.20-0.02-9.09%
    SK3.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4061-0.0071-0.50%
    USDSGD=X
    1.4881-0.0034-0.23%
    EURSGD=X
    1.7626+0.0026+0.15%
    GBPSGD=X
    80.1040-0.066-0.08%
    SGDJPY=X
    5.5150+0.0249+0.45%
    SGDHKD=X
    3.1632+0.0124+0.39%
    SGDMYR=X
    9,465.6602-23.1846-0.24%
    SGDIDR=X
    4.8789+0.0133+0.27%
    SGDCNY=X
    1.0851-0.0027-0.25%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,250.40+17.10+1.39%
    GCJ17.CMX
    18.11+0.16+0.92%
    SIH17.CMX
    90.57+0.65+0.73%
    ^XAU
    2.66-0.07-2.63%
    HGH17.CMX
    54.52+0.93+1.74%
    CLJ17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.87-0.04
    ^FVX
    2.38-0.03
    ^TNX
    3.02-0.02
    ^TYX