- EUR/USD could check rapid help in EMA for 9 days from 1.0846 in an try and re -enter the upward triangle.
- The relative energy index stays for 14 days above 50, indicating that the upscale view continues to be intact.
- A break lower than EMA for 50 days at 1.0612 can weaken common -term worth momentum.
EUR/USD continues to lower within the third consecutive session, hovering about 1.0830 through the Asian buying and selling hours on Friday. Technical evaluation of the each day table It’s proposed to extend the strain strain and the alternative of the potential pattern, because the husband has decreased from the rising canal type.
Furthermore, and Euro’s pair/US dollar Lower than the Si -SIA shifting common decreased for 9 days (EMA), indicating the weakest worth of costs within the brief time period. Nevertheless, the 14 -day relative indicator (RSI), a significant momentum index, continues to be larger than the fiftieth signal, indicating that the upholsome view continues to be intact. The continual lower would affirm the shift in the direction of a decline Expectations.
The EUR/USD pair can check rapid help in EMA for 9 days from 1.0846. The collapse above this degree could strengthen the brief -term worth momentum, permitting the husband to re -insert the upward triangle. This may revive the bullish bias and probably push the husband in the direction of the higher limits of the triangle close to 1.0980.
On the destructive facet, the EUR/USD EMA pair could goal 50 days on the degree of 1.0612. The decrease lounge of this help weakens the common -term worth momentum, which can lengthen the low degree in six weeks at 1.0360, registered on February 28.
The euro/US greenback: the each day chart
The value of the euro at this time
The desk beneath reveals the proportion of euro change (EUR) towards the primary currencies listed at this time. Euro was the weakest towards the US greenback.
| US greenback | euro | GBP | JPY | CAD | Aud | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| US greenback | 0.31 % | 0.32 % | 0.54 % | 0.11 % | 0.29 % | 0.13 % | 0.24 % | |
| euro | -0.31 % | 0.03 % | 0.23 % | -0.17 % | -01 % | -11 % | -08 % | |
| GBP | -0.32 % | -0.03 % | 0.21 % | -0.19 % | -0.03 % | -0.13 % | -0.10 % | |
| JPY | -0.54 % | -0.23 % | -0.21 % | -0.44 % | -26 % | -0.39 % | -0.35 % | |
| CAD | -11 % | 0.17 % | 0.19 % | 0.44 % | 0.16 % | 0.06 % | 0.10 % | |
| Aud | -0.29 % | 0.00 % | 0.03 % | 0.26 % | -16 % | -0.10 % | -16 % | |
| Nzd | -0.13 % | 0.11 % | 0.13 % | 0.39 % | -06 % | 0.10 % | 0.04 % | |
| Chf | -0.24 % | 0.08 % | 0.10 % | 0.35 % | -0.10 % | 0.16 % | -04 % |
The warmth map reveals the proportion modifications in the primary currencies towards one another. The fundamental forex is chosen from the left column, whereas the citation forex is chosen from the highest row. For instance, when you select the euro from the left column and transfer alongside the horizontal line to the US greenback, the proportion supplied within the field will characterize EUR (Base)/USD (quote).
2025-03-21 05:45:00
https://editorial.fxsstatic.com/photos/i/EURUSD-bearish-line_Large.png