Quantcast
EUR/USD Analysis
 

 
 
 

Forex Analysis

Daily Technical Analysis
EUR/USD USD/JPY
EUR/JPY GBP/JPY
GBP/USD AUD/JPY
AUD/USD USD/CHF
 
Weekly Forex Analysis
EURUSD USDJPY
EURJPY GBPJPY
GBPUSD AUDJPY
AUDUSD USDCHF
Trading Approaches
(Long Term Strategies)
 

Enter Forex Abode Community

 
 
 
 
 
 

EUR/USD Analysis | Euro-Dollar Rates | EUR to USD -ForexAbode.com

Attention: open in a new window.  E-mail

EUR/USD: Daily and Hourly charts   

EUR/USD Hourly Chart
This image is of EUR/USD Hourly Chart
EUR/USD Daily Chart
This image is of EUR/USD Daily Chart
EUR/USD : Daily Analysis

EUR/USD - Technical Analysis

EUR/USD Current Exchange Rate: 1.3171 (at the time of analysis update).

Outlook: Short-term: Volatile sideways Mid-Term: Sideways/Down.

EUR/USD Analysis: Resistance expected below 1.3217. There is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.

Previous Analysis (Tuesday): A firm break below 1.3060 is required to expect a downward move but if support comes over that then we will expect some more upward correction. There is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.  

Note: Please register for "Analysis alerts" to get daily Forex technical analysis update alerts on your email.

Please also take a look at longer term trading approach/outlook updated on the weekends for EUR/USD. The link for the same is on the left hand side.

Please check/share thoughts about EUR/USD in forum.
Share your sentiments for EUR/USD

EUR/USD Interest Rate Comparison
(For Carry Trade)
EUR interest rate 
1.00%
USD interest rate 
0.25%
eur/usd interest rate comparision 
0.75%

EUR/USD : Resistance and Support with Daily Pivot Points (Values at GMT 00:00)

Last Updated (Tuesday, 31 January 2012 00:21) 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 1.3316 R3 1.3256     R3 1.3168
R2 1.3256 R2 1.321 R2 1.3256 R2 1.3157
R1 1.3196 R1 1.3182 R1 1.3195 R1 1.3146
Pivot 1.3136 Pivot 1.3136 Pivot 1.3136 Pivot 1.3136
S1 1.3076 S1 1.309 S1 1.3075 S1 1.3124
S2 1.3016 S2 1.3062 S2 1.3016 S2 1.3113
S3 1.2956 S3 1.3016     S3 1.3102
Open 1.3206 Open 1.3206 Open 1.3206 Open 1.3206
High 1.3197 High 1.3197 High 1.3197 High 1.3197
Low 1.3077 Low 1.3077 Low 1.3077 Low 1.3077
Close 1.3135 Close 1.3135 Close 1.3135 Close 1.3135

EUR/USD - Correlations with other currency majors 

 EUR/USD's Correlation with other currency majors:


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 -0.28 0.46 0.52 0.99 0.27 -0.84 -0.48 -0.9 -0.85
1
M
o
n
t
h
1 -0.9 0.83 0.95 0.97 0.95 -0.84 -0.78 -0.97 0.75
1
Y
e
a
r
1 0.81 0.23 0.87 0.87 0.89 0.63 -0.86 -0.73 0.33
 
 
EUR/USD Correlation Graph:
 
-0.28
   
0.81
   
0.46
   
0.23
   
0.52
   
0.87
   
 
0.99
   
0.87
   
 
0.27
   
0.89
   
 
-0.84
   
0.63
   
 
-0.48
   
-0.86
   
 
-0.9
   
-0.73
   
-0.85
   
0.33
   
   
0.28
   
0.81
 
   
0.46
   
0.23
 
   
0.52
   
0.87
 
   
0.99
   
0.87
 
   
0.27
   
0.89
 
   
0.84
   
0.63
 
   
0.48
   
0.86
 
   
0.9
   
0.73
 
   
0.85
   
0.33

 

 

 
 

Forex Trading Alerts

Name:
Email:
Confirm Email:
kycb3
We will send email alerts as soon as the Forex analysis is updated.
Request you to check the Junk (spam mail) folder immediately in case Google group mail is not received in Inbox.
 
 
Forex Forum

Forex Winning Strategies