EURUSD on Tuesday rose 0.32% to 1.10433. What we know.

EURUSD on Tuesday rose 0.32% to 1.10433. What we know.

EURUSD Analysis

Performance after Tuesday
Period Pct Chg Momentum
Tuesday 0.32% 35.3 Pips
Week to-date 0.29% 32.3 Pips
December 1.44% 157.2 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

No major activities.

Latest from X (Twitter)

What can we expect from EURUSD today?

EURUSD on Tuesday rose 0.32% to 1.10433. Price is above 9-Day EMA while Stochastic is rising in overbought zone.

Updated daily direction for EURUSD looks bullish as the pair ended higher after Tuesday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 1.10561 with break above could target R2 at 1.10689 or figure level area. While towards the downside, we are looking at daily low of 1.10083 as an important support. Break below this level could weaken the current bullish momentum. A break above 1.10450 may suggest continuation after recent positive movement.

For the week to-date, take note that EURUSD is bullish as the pair continued to trade higher and is up by 0.29% over the past few days.

Key levels to watch out:

R3 1.10928
R2 1.10689
R1 1.10561
Daily Pivot 1.10322
S1 1.10194
S2 1.09955
S3 1.09827

Leave a Reply

Your email address will not be published. Required fields are marked *