Back

EUR/USD ticking up

FXstreet.com (London) - EUR/USD has attracted bids at 1.3040 support and has ticked up scoring 1.3060.

EUR/USD has been slowly grinding higher since dropping on the London open from 1.3075 to 1.3036. The trading range is among support 1.2975 and 1.3315, while stability above the key support and a move within the ascending longer-term trends channel again would bring about the possibility of a continuation of the bull run we had seen on the EUR/USD.

EUR/USD Levels

Danske Banks Technical update suggests near term support as 1.3045, 1.30006, 1.2976 and 1.2949. Resistance 1.3123, 1.3147, 1.3208 and 1.3229. RSI 9 56.47

Flash: More risk? - Rabobank

Jane Foley, Senior Currency Strategist at Rabobank notes that Fed chairman Bernanke this week drove home the message that “a highly accommodative policy is needed for the foreseeable future”.
مزید پڑھیں Previous

Flash: China trade data disappoints - BBH

Brown Brothers Harriman analysts note that recent China trade data for June was much weaker than expected.
مزید پڑھیں Next