23 Dec 2013
EUR/USD consolidates near highs at 1.3715
FXstreet.com (San Francisco) - After peaking to daily high at 1.3715, the Euro is consolidating levels around the 1.3700 area against the US Dollar. Currently, the EUR/USD is pricing at 1.3710.
The EUR/USD is performing 0.20% positive on the day. The short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD technicals
In the hourly chart, pair "shows price finding support in its 20 SMA as indicators hold in positive territory, but showing no actual momentum and mostly flat due to the lack of volume," comments FXstreet.com's Valeria Bednarik. "In the 4 hours chart the technical stance is also positive albeit steady gains above 1.3720 are required to see an upward continuation today."
Above the 1.3715, resistances are seen at 1.3730 and 1.3810. On the downside, supports are at 1.3670, 1.3630 and 1.3550.
The EUR/USD is performing 0.20% positive on the day. The short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD technicals
In the hourly chart, pair "shows price finding support in its 20 SMA as indicators hold in positive territory, but showing no actual momentum and mostly flat due to the lack of volume," comments FXstreet.com's Valeria Bednarik. "In the 4 hours chart the technical stance is also positive albeit steady gains above 1.3720 are required to see an upward continuation today."
Above the 1.3715, resistances are seen at 1.3730 and 1.3810. On the downside, supports are at 1.3670, 1.3630 and 1.3550.