© Dukascopy Bank SA
- National Australia Bank (based on Bloomberg)
Pair's Outlook
EUR/USD pair steps higher and during yesterday trading session broke a few days high and peaked at 1.3014, which is the highest point this month. However, the price still maintains bullish sentiments and steps towards new resistance levels: firstly the exchange rate have to settle above 1.3020 and secondly 1.3063, where the Bollinger band and the weekly R1 levels intersect.
Traders' Sentiment
The difference between bulls and bears in SWFX market shrinks and currently there is 45% of buy positions and 55% of sell positions. Pending orders segment has stronger sentiments to see new highs, as 60% placed orders are buy and 40% are sell.
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