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EUR/USD Forecast: immediate support at 1.0640

EURUSD chart

The EUR/USD pair extends its decline this Tuesday, weighed by headlines saying the ECB is studying measures to reduce the  Emergency Liquidity Assistance to Greek banks, should the country fail to provide the reforms needed to secure bail-out funds. The news comes from an unknown source, yet...

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Current Trading Positions

EURUSD Order Entry SL TP
Forex Watchers SELL LI <1.0761 - -
Forexticket.com SELL LMT @1.0720 1.0760 1.0695
GBPUSD Order Entry SL TP
Forexticket.com SELL LMT @1.4885 1.4915 1.4855
AUDUSD Order Entry SL TP
JarrattDavis.com SHORT LMT @0.7700 - -
XAUUSD Order Entry SL TP
FXStreet SHORT LMT @1197.46 1200.00 1195.27

Dollar generally higher despite latest decline

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.0794 1.0637 1.0514
GBPUSD 1.4984 1.4817 1.4633
USDJPY 118.66 119.85 121.73
USDCHF 0.9544 0.9751 0.9983
AUDUSD 0.7743 0.7607 0.7532
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.2022 1.2232 1.2602
NZDUSD 0.7693 0.7549 0.7342
GBPJPY 177.82 175.85 178.80
EURJPY 128.16 127.81 127.32
EURGBP 0.7138 0.7086 0.7120

EUR/USD upside limited: sentiment favors the downside, with the investors aiming for a retest of the year low around 1.0460.

GBP/USD little upward scope, seen falling in term: 1.52/55 is tops in case of advances, 1.4600 expected in a 3 month view.

USD/JPY strongly bullish: heading back above 120.00, with hopes on advances up to 125.00.

AUD/USD no changes, bears still rule: Aussie is seen resuming the downside towards 0.7500 after some consolidation below the 0.8000 level.

EUR/JPY back to consolidative mode: the EUR/JPY is seen range bound below 130.00 over the next weeks, as USD continues to gather all of the attention.

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Most Traded Pairs Now


Pair Price Hour Day Week Month
GBPUSD 1.4885 0.03 -0.17 0.70 -0.49
AUDUSD 0.7721 -0.03 -0.01 1.26 -0.68
USDJPY 119.43 -0.15 0.17 0.03 -0.51
EURUSD 1.0686 0.03 -0.59 0.28 -1.25
USDCAD 1.2237 -0.07 0.08 -1.99 -2.51

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