30 Jun 2014
EUR/USD; The quiet before the storm?
FXStreet (Guatemala) - EUR/USD is trading at 1.3646, down -0.02% on the day, having posted a daily high at 1.3648 and low at 1.3641.
While we have started on a quiet note for the week, the FXStreet OB/OS Index is reflecting overbought hourly conditions from last weeks rally into the close. However, the week is likely to get going in respect of the calendar with the European and US markets opening on a busy schedule ahead, especially with the ECB and Nonfarm payrolls, which comes on Thursday with it being July 4th holiday in the US on Friday.
EUR/USD Levels
Current price is 1.3647, with resistance ahead at 1.3647 (Daily Open), 1.3648 (Daily High), 1.3649 (Weekly High), 1.3651 (Yesterday's High) and 1.3661 (Monthly High). Next support to the downside can be found at 1.3641 (Daily Low), 1.3636 (Daily Classic PP), 1.3633 (Hourly 20 EMA), 1.3625 (Weekly Classic PP) and 1.3621 (Daily Classic S1).
While we have started on a quiet note for the week, the FXStreet OB/OS Index is reflecting overbought hourly conditions from last weeks rally into the close. However, the week is likely to get going in respect of the calendar with the European and US markets opening on a busy schedule ahead, especially with the ECB and Nonfarm payrolls, which comes on Thursday with it being July 4th holiday in the US on Friday.
EUR/USD Levels
Current price is 1.3647, with resistance ahead at 1.3647 (Daily Open), 1.3648 (Daily High), 1.3649 (Weekly High), 1.3651 (Yesterday's High) and 1.3661 (Monthly High). Next support to the downside can be found at 1.3641 (Daily Low), 1.3636 (Daily Classic PP), 1.3633 (Hourly 20 EMA), 1.3625 (Weekly Classic PP) and 1.3621 (Daily Classic S1).