The analysis for EURUSD is updated daily. Please check the update time at the top before taking any action.
EUR/USD Current Exchange Rate: 1.3127 (at the time of analysis update).
Outlook:Short-term (immediate/next): Up / Volatile sideways. Mid-Term (First/next): Volatile sideways/Down.
EUR/USD Analysis ( May 7, 2013): Good resistance is expected below 1.3142. Even if that resistance is broken another stronger resistance should come near 1.3160 and a fall should come but there is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.
Previous Analysis ( May 3, 2013): Because of the lack of any good trade configuration, we are keeping away.
Note 1: Please also take a look at EUR/USD forecast for mid-term trading approach updated on the weekends for EURUSD.
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Last Updated (Friday, 24 May 2013 02:55) GMT
| Standard Pivot Point for EUR/USD | Fibonacci Pivot Point for EUR/USD | Woodie Pivot Point for EUR/USD | Camarilla Pivot Point for EUR/USD | ||||
| R3 | 1.3109 | R3 | 1.3033 | R3 | 1.2953 | ||
| R2 | 1.3033 | R2 | 1.2981 | R2 | 1.3037 | R2 | 1.2941 |
| R1 | 1.2974 | R1 | 1.2949 | R1 | 1.2984 | R1 | 1.2928 |
| Pivot | 1.2898 | Pivot | 1.2898 | Pivot | 1.2902 | Pivot | 1.2898 |
| S1 | 1.2839 | S1 | 1.2846 | S1 | 1.2849 | S1 | 1.2904 |
| S2 | 1.2763 | S2 | 1.2814 | S2 | 1.2767 | S2 | 1.2891 |
| S3 | 1.2704 | S3 | 1.2763 | S3 | 1.2879 | ||
| Open | 1.2842 | Open | 1.2842 | Open | 1.2842 | Open | 1.2842 |
| High | 1.2956 | High | 1.2956 | High | 1.2956 | High | 1.2956 |
| Low | 1.2821 | Low | 1.2821 | Low | 1.2821 | Low | 1.2821 |
| Close | 1.2916 | Close | 1.2916 | Close | 1.2916 | Close | 1.2916 |
| EUR/USD Correlation Values: |
| EUR /USD | ||||||||||
| P e r i o d |
E U R / U S D |
AUD /USD |
EUR /CHF |
EUR /GBP |
EUR /JPY |
GBP /USD |
NZD /USD |
USD /CAD |
USD /CHF |
USD /JPY |
| 1 W e e k |
1 | 0.06 | -0.23 | 0.37 | -0.15 | 0.36 | -0.07 | -0.82 | -0.86 | -0.57 |
| 1 M o n t h |
1 | 0.34 | 0.24 | 0.13 | 0.79 | 0.35 | 0.83 | -0.54 | -0.5 | 0.56 |
| 1 Y e a r |
1 | 0.4 | 0.7 | 0.68 | 0.75 | 0.31 | 0.69 | -0.31 | -0.95 | 0.58 |
| EUR/USD Correlation Graph: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Please check the Current EUR/USD Exchange Rate
