EUR/USD tested 1.3556/42

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"The U.S. dollar has been under pressure right across the board. Certainly, the doves are taking the fore at the moment. Most investors have moved away from any expectation of tapering in December."
- National Australia Bank Ltd. (based on Bloomberg)

Pair's Outlook

Despite the presence of the rising resistance line and the 55-day SMA the currency pair does not cease to tend upwards. Yesterday EUR/USD touched upon 1.3556/42, but is nonetheless expected to soon commence a decline, as implied by the daily studies. Then the demand area at 1.3451/23 will have to come into play, but should allow for an extension of a dip.

Traders' Sentiment

According to the positioning of the SWFX market participants the level of Euro's attractiveness continues to decline. Respectively, the difference between the open long and short on EUR/USD positions is growing—the share of the bulls has fallen from 47% down to 44% within the last 24 hours.
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 19 Nov 2013 08:01:59 GMT

GBP/USD turns around ahead of 1.6237/14

Apparently, the Cable has lost the bullish momentum it carried last week.

Mon, 18 Nov 2013 16:45:44 GMT

NZD/USD crossed 0.8332/19 despite odds

Given that NZD/USD is currently trading above the monthly pivot point and the 55-day SMA, there is a possibility that the currency pair will be able to advance up to the next monthly resistance at 0.8472.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.