- The US core inflation (YoY) missed expectations slightly coming in at 2.0% vs. 2.1% forecast.
- USD is gaining moderate strength as EUR/USD is unable so far to break beyond 1.1340 weekly high.
EUR/USD daily chart
EUR/USD is trading in a bear trend below its 200 simple moving averages (SMAs).
EUR/USD 4-hour chart
The market is currently rejecting the weekly high near 1.1340.
EUR/USD 30-minute chart
The market is trading in a tight range. Fiber is at daily lows below its 50 and 100 SMAs. A sustained break below 1.1300 would be seen as bearish. Further down lies 1.1250 and 1.1200 figure. A daily close above 1.1340 would be considered as bullish opening the gates towards 1.1400.
|Today last price||10.678|
|Today Daily Change||-0.0285|
|Today Daily Change %||-0.27|
|Today daily open||10.7065|
|Previous Daily High||10.7085|
|Previous Daily Low||10.6465|
|Previous Weekly High||10.6688|
|Previous Weekly Low||10.5893|
|Previous Monthly High||10.8505|
|Previous Monthly Low||10.5925|
|Daily Fibonacci 38.2%||10.6848|
|Daily Fibonacci 61.8%||10.6702|
|Daily Pivot Point S1||10.6658|
|Daily Pivot Point S2||10.6252|
|Daily Pivot Point S3||10.6038|
|Daily Pivot Point R1||10.7278|
|Daily Pivot Point R2||10.7492|
|Daily Pivot Point R3||10.7898|
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