EURUSD Analysis
| Performance after Tuesday | |||||
| Period | Pct | Chg | Momentum | ||
| Tuesday | 0.34% | 37.2 Pips |  |
||
| Week to-date | 0.12% | 13.6 Pips |  |
||
| April | 0.71% | 76.9 Pips | |
||
Upcoming key events (London Time)
Wed 01:30 PM USD CPI Inflation Rate (12-mth) | Mar Wed 01:30 PM USD CPI Inflation Rate excluding Food & Energy sectors (12-mth) | Mar Wed 07:00 PM USD FOMC Meeting Minutes 
Thu 07:00 AM EUR Harmonised Index of Consumer Prices (HICP) (12-mth) | Mar
What happened lately
No major activities.
What can we expect from EURUSD today?
EURUSD on Tuesday rose 0.34% to 1.09150. Price is above 9-Day EMA while Stochastic is falling.
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 1.094 with break above could target R2 at 1.0965 or figure level area. While towards the downside, we are looking at daily low of 1.08660 as an important support. Break below this level could weaken the current bullish momentum. A break above 1.09280 may suggest continuation after recent positive movement.
For the week to-date, take note that EURUSD is mixed as compared to the prior week.
Key levels to watch out:
| R3 | 1.1002 |
| R2 | 1.0965 |
| R1 | 1.094 |
| Daily Pivot | 1.0903 |
| S1 | 1.0878 |
| S2 | 1.0841 |
| S3 | 1.0816 |
You might be interested in:
Monthly Wholesale Trade: Sales and Inventories. Census Bureau
Volume of retail trade down by 0.8% in the euro area and by 0.9% in the EU. Eurostat
Disclaimer: We do not endorsed nor verified the posts provided by Twitter. This widget is provided to you as a convenience only and is not affiliated with all parties in any way.
