EURUSD by TradingView
| Monday | |||
| Open | High | Low | Close |
| 1.06850 | 1.07046 | 1.06690 | 1.06878 |
| Performance after Monday | |||||
| Period | Pct | Chg | Momentum | ||
| Monday | -0.05% | -5.1 Pips |  |
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| Week to-date | -0.05% | -5.1 Pips | |
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| February | -1.61% | -174.8 Pips |  |
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Upcoming key events (London Time)
Tue 08:30 AM EUR S&P Global/BME Composite PMI Tue 08:30 AM EUR S&P Global/BME Manufacturing PMI
Tue 09:00 AM EUR S&P Global Composite PMI Wed 07:00 AM EUR Harmonized Index of Consumer Prices (YoY)
Wed 07:00 PM USD FOMC Minutes
What happened lately
📆 🇪🇺 EUR Consumer Confidence in February preliminary estimate improved to -19 points compared to previous figure -20.9 points in January. Source
What can we expect from EURUSD today?
EURUSD on Monday dropped -0.05% to 1.0688. Price is below 9-Day EMA while Stochastic is rising but in oversold zone.
Updated daily direction for EURUSD looks mixed as the pair is likely to consolidate above 1.06697 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 1.0705 or trades above daily pivot 1.06871 while to the downside, the daily low of 1.0669 and 1.06697 (S1) as key support levels. EURUSD need to break on either side to indicate a short-term bias. A close below 1.0669 would indicate selling pressure.
For the week to-date, take note that EURUSD is mixed as the current price action remain uncertain due to trader indecisiveness.
Key levels to watch out:
| R3 | 1.07409 |
| R2 | 1.07227 |
| R1 | 1.07053 |
| Daily Pivot | 1.06871 |
| S1 | 1.06697 |
| S2 | 1.06515 |
| S3 | 1.06341 |
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No major reports.
Last updated: 11:32 pm UTC, 20-Feb 2023
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