13 Dec 2013
EUR/USD pushes higher out of overnight range
FXstreet.com (Barcelona) - Having ranged overnight between a high at 1.3759, and a low at 1.3742, EUR/USD has pushed above to post a morning high at 1.3769 where it has met resistance at the hourly 50 SMA.
EUR/USD sluggish on quiet morning
With a calendar devoid of key events, eyes will be fixed on next week’s FOC meet, searching for any indications of prospective tapering in the new year. Matt Bacon-Hall of FXBeat comments that there were Euro offers filled between 1.3760-70.
What are today’s key EUR/USD levels?
Today’s central pivot point is at 1.3764, with support below at 1.3725 (S1), 1.3697 (S2) and 1.3658 (S3) and above at 1.3792 (R1), 1.3831 (R2) and 1.3859 (R3). The range between 1.3760-94 shows several key technical levels to be clustered. A daily Dark Cloud Cover chart pattern can also be seen.
EUR/USD sluggish on quiet morning
With a calendar devoid of key events, eyes will be fixed on next week’s FOC meet, searching for any indications of prospective tapering in the new year. Matt Bacon-Hall of FXBeat comments that there were Euro offers filled between 1.3760-70.
What are today’s key EUR/USD levels?
Today’s central pivot point is at 1.3764, with support below at 1.3725 (S1), 1.3697 (S2) and 1.3658 (S3) and above at 1.3792 (R1), 1.3831 (R2) and 1.3859 (R3). The range between 1.3760-94 shows several key technical levels to be clustered. A daily Dark Cloud Cover chart pattern can also be seen.