EURUSD Analysis
| Performance after Thursday | |||
| Period | Pct | Chg | Momentum |
| Thursday | 0.12% | 14.0 Pips | ▲ |
| Week to-date | -0.18% | -21.0 Pips | ▼ |
| July | -0.06% | -7.0 Pips | ▼ |
Upcoming key events (GMT+8)
No major events for the day.
What can we expect from EURUSD today?
The EURUSD pair is showing a mixed outlook today, with a slight daily gain of 0.12%, closing at 1.14280. Traders are watching for potential movements as the pair remains below the 9-day EMA, while the stochastic indicator is rising.
📈 Bull Scenario In a bullish scenario, a rise above the daily pivot of 1.14297 could signal further upward momentum. Traders should watch for a break above the first resistance level (R1) at 1.14473, which could pave the way for a move towards the second resistance level (R2) at 1.14667. | 📉 Bear Scenario Conversely, a bearish move might be triggered if the pair falls below the daily pivot of 1.14297. In this case, the first support level (S1) at 1.14103 becomes crucial, with further declines potentially targeting the second support level (S2) at 1.13927. |
Key levels to watch out:
| R3 | 1.14843 |
| R2 | 1.14667 |
| R1 | 1.14473 |
| Daily Pivot | 1.14297 |
| S1 | 1.14103 |
| S2 | 1.13927 |
| S3 | 1.13733 |