the
pair’s upside has picked up further pace after the US Empire State
index slumped to -14.92 for the current month, badly missing estimates
at 5.00 and lower than July’s 3.86.
Spot is thus extending the recovery from daily troughs around 1.1060 ahead of the more relevant NAHB index and TIC Flows figures due later.
http://a5c23dpacreqcr29yoqdv84xcz.hop.clickbank.net/
EUR/USD levels to watch
As of writing the pair is retreating 0.06% at 1.1102 and a breakdown of 1.1063 (low Aug.17) would aim for 1.1057 (low Aug.12) ahead of 1.0961 (low Aug.11). On the upside, the initial hurdle aligns at 1.1190 (high Aug.13) ahead of 1.1215 (high Aug.12) and finally 1.1244 (high Jun.30).
View EUR/USD technical studies
"Women need to be so much more organized than men" - Jody Samuels, 5 years after our first interview. What has she become?
Spot is thus extending the recovery from daily troughs around 1.1060 ahead of the more relevant NAHB index and TIC Flows figures due later.
http://a5c23dpacreqcr29yoqdv84xcz.hop.clickbank.net/
EUR/USD levels to watch
As of writing the pair is retreating 0.06% at 1.1102 and a breakdown of 1.1063 (low Aug.17) would aim for 1.1057 (low Aug.12) ahead of 1.0961 (low Aug.11). On the upside, the initial hurdle aligns at 1.1190 (high Aug.13) ahead of 1.1215 (high Aug.12) and finally 1.1244 (high Jun.30).
EUR/USD Aug 17 at 15:05 GMT
1.1073/74 (-0.33%)
H1.1126 L 1.1063
| S3 | S2 | S1 | R1 | R2 | R3 |
|---|---|---|---|---|---|
| 1.1003 | 1.1030 | 1.1058 | 1.1150 | 1.1178 | 1.1206 |
| Trend Index | OB/OS Index |
|---|---|
| Data updated on Aug 17 a 14:30 GMT (15-minute timeframe) | |
| Slightly Bearish | Neutral |
| News provided by: |  |
Pablo Piovano
Pablo Piovano, Economist and Lead European Editor, joined FXStreet
in 2011 having worked in and managed Asset Allocation and Investment
Research teams for a number of South American Financial Institutions.
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"Women need to be so much more organized than men" - Jody Samuels, 5 years after our first interview. What has she become?
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