2013.11.13 | EURUSD Market Analysis
EURUSD Trends & Fibonacci Retracement Levels
The EURUSD currency pair has been showing a small decline in forex market trading today with the EURUSD registering a high of 1.34500 and a low of 1.34074 on the day. Trends data shows the pair is potentially crossing over into a short-term uptrend as prices are trading right on our favored short-term moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair continues to be in an uptrend.
EURUSD Trends Data: Linear Regression Indicator
10-day current trend is BEARISH / Trend strength of -279.8 pips
30-day current trend is BEARISH / Trend strength of -128.3 pips
60-day current trend is BULLISH / Trend strength of 377.8 pips
90-day current trend is BULLISH / Trend strength of 521.5 pips
180-day current trend is BULLISH / Trend strength of 722.5 pips
Fibonacci Retracement Levels over last 100 Days
— 0.000 – 1.38316
— 0.236 – 1.35774
— 0.382 – 1.34201
— 0.500 – 1.32930
— 0.618 – 1.31659
— 0.764 – 1.30086
— 1.000 – 1.27544
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.
