Back
19 Sep 2014
EUR/USD has yet to react to Scottish vote
FXStreet (Moscow)- EUR/USD poked at 1.2900 support early in Asia, but managed to settle at 1.2920, nearly unchanged on the day.
EUR is unrattled
EUR/USD keeps its head when all about it are losing theirs. The pair is sitting in a tight range despite wild moves of EUR/GBP and USD mostly stronger in Asia. Ahead looks like a dull calendar for EUR as we have only German PPI numbers and July current account in Eurozone. While these reports are not typical market movers, the investors attention is glued to Scottish referendum results. It is entirely possible that EUR/GBP dynamics will take its tall on EUR/USD sentiments after all. From the technical point of view, the key support is seen at 1.2900. Once it is clearly broken, the pair may extend the downside towards 1.2830. The intraday upside is likely to be limited by 1.2940.
What are today’s key EUR/USD levels?
Today's central pivot point can be found at 1.2896, with support below at 1.2861, 1.2799, and 1.2764, with resistance above at 1.2958, 1.2993 and 1.3055. Hourly Moving Averages are bearish, with the 200SMA bearish at 1.2924 and the daily 20EMA bearish at 1.2935. Hourly RSI is bullish at 56.
EUR is unrattled
EUR/USD keeps its head when all about it are losing theirs. The pair is sitting in a tight range despite wild moves of EUR/GBP and USD mostly stronger in Asia. Ahead looks like a dull calendar for EUR as we have only German PPI numbers and July current account in Eurozone. While these reports are not typical market movers, the investors attention is glued to Scottish referendum results. It is entirely possible that EUR/GBP dynamics will take its tall on EUR/USD sentiments after all. From the technical point of view, the key support is seen at 1.2900. Once it is clearly broken, the pair may extend the downside towards 1.2830. The intraday upside is likely to be limited by 1.2940.
What are today’s key EUR/USD levels?
Today's central pivot point can be found at 1.2896, with support below at 1.2861, 1.2799, and 1.2764, with resistance above at 1.2958, 1.2993 and 1.3055. Hourly Moving Averages are bearish, with the 200SMA bearish at 1.2924 and the daily 20EMA bearish at 1.2935. Hourly RSI is bullish at 56.