News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.32% 🇨🇭CHF: 0.11% 🇪🇺EUR: 0.00% 🇨🇦CAD: -0.09% 🇳🇿NZD: -0.24% 🇬🇧GBP: -0.39% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Jlbh0ZRXmb
  • - EU has told the UK that British legal texts can't be basis for talks - EU preparing response if UK triggers article 16 of NI protocol
  • EU considers terminating Brexit trade if UK rift deepens
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.05% Germany 30: -0.08% France 40: -0.09% FTSE 100: -0.12% US 500: -0.40% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/S161NtD3GO
  • RT @LiveSquawk: Fed’s Powell: Service Side Of Economy Expected To Return To Normality As Delta Variant Fades - Very Possible US Will Be At…
  • RT @FinancialJuice: PUNCHBOWL'S SHERMAN: HOUSE REP. SPEAKER PELOSI STATED LAWMAKERS ARE ON PATH TO AGREEMENT ON RECONCILIATION BILL.
  • $BITO has dropped to record lows
  • Fed Chairman Powell is speaking and is reiterating the central bank is on pace for its taper. Next FOMC meeting is November 3rd, less than two weeks away
  • RT @DeItaone: FED'S POWELL: WE ARE ON TRACK TO BEGIN OUR TAPER
  • The S&P 500 and Dow have crawled to record highs to start the week while Nasdaq is slowed by Intel and SNAP post-earnings. DailyFX's @JohnKicklighter discusses Friday market drivers! https://t.co/R9FVL5Zalj
EUR/USD Technical Analysis 02.15.2013

EUR/USD Technical Analysis 02.15.2013

Ilya Spivak, Head Strategist, APAC

EUR/USD Technical Analysis– Prices turned lower as expected after putting in a Bearish Engulfing candlestick pattern. Sellers are now testing below support at 1.3353, the 50% Fibonacci retracement. A break lower on a daily closing basis targets the 61.8% level at 1.3269. Initial resistance is at 1.3520, the 23.6% Fib expansion, with a reversal above that aiming for the 38.2% level at 1.3624.

Forex_EURUSD_Technical_Analysis_02.15.2013_body_Picture_5.png, EUR/USD Technical Analysis 02.15.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES