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11 Sep 2013
EUR/USD steady ahead of US Congress voting on Military action
FXstreet.com (London) - EUR/USD is taking a rest this week so far in the middle of the 1.3200 handle while tensions continue to mount regarding Syria.
EUR/USD opened on the offer but has maintained the September highs. The pair has eyes on Syria and the tensions around whether or not the conflict can be resolved peacefully. Tomorrow we will see The US Congress voting on military action. The pair may continue to find some resistance here meeting the May top on a quiet calendar. Tomorrow, Wednesday, we will see CPI data for Germany. Then we have Jobless Claims data for the US and Friday will bring Retails Sales and the Michigan Consumer Sentiment.
EUR/USD steady; Levels
The 20 DMA is 1.3285, the 50 DMA is 1.3107 and the 200 DAM is 1.3149. RSI (14) reads 59. Supports are ascending from 1.3126, 1.3157, 1.3187 1Spot is 1.3260 and resistances are 1.3281, 1.3305 and 1.3319 and 1.3410.
EUR/USD opened on the offer but has maintained the September highs. The pair has eyes on Syria and the tensions around whether or not the conflict can be resolved peacefully. Tomorrow we will see The US Congress voting on military action. The pair may continue to find some resistance here meeting the May top on a quiet calendar. Tomorrow, Wednesday, we will see CPI data for Germany. Then we have Jobless Claims data for the US and Friday will bring Retails Sales and the Michigan Consumer Sentiment.
EUR/USD steady; Levels
The 20 DMA is 1.3285, the 50 DMA is 1.3107 and the 200 DAM is 1.3149. RSI (14) reads 59. Supports are ascending from 1.3126, 1.3157, 1.3187 1Spot is 1.3260 and resistances are 1.3281, 1.3305 and 1.3319 and 1.3410.