Market Conditions for EURUSD as at Jan 22, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Euro/US Dollar
Euro/US Dollar ProfileThe Euro/US Dollar (EUR/USD) currency pair, also known as the Euro or the Fiber is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. EUR is the base currency and USD is the quote currency, meaning that 1 Euro was worth 1.1094 US Dollar at the end of the New York trading session on Wednesday, 0.11% more than at the previous close.
Technical Analysis Summary for Jan. 22, 2020
Although the forex pair is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Wednesday's trading range has been 28 pips (0.25%), that's far below the last trading month's daily average range of 46 pips. Buying could accelerate should prices move above the close-by swing high at 1.1118 where further buy stops might get activated.
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