Euro Dollar (EUR USD) analysis

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Analysis updated since 3 days

EUR/USD - Euro Dollar

EUR/USD - Euro Dollar

Short term (Intraday)

1,4121. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4160 (39 pips). The consolidation should continue.

We won't take a position. The actual configuration is not clear enough to follow the trend.

Resistances
1,4160 - 1,4200
Supports
1,4100 - 1,4060
Long term chart
EUR/USD - Euro Dollar
updated 17 juil 2009 05:19 GMT

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