EUR/USD keeps close to 1.0950

 

EUR/USD trading quote

 

Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.0900 trading point and it is trying very much to climb to the 1.1000 level.
Many analysts feel that the EUR/USD is receiving a lot of influence from the European Central Bank which is releasing an avalanche of new policy measures nonetheless no one is still convinced that the EUR/USD will react on this data therefore not even in a positive manner.

In the meantime there are several hopes standing between traders that the United States will bring an enhancement to the overall trading aspect with the Fed data announcement.

 

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High = 1.1012

EUR/USD 7th of March 2016 Trading chart

EUR/USD 7th of March 2016 Trading chart

 

Low = 1.0941

 

 

S3 = 1.0899 S2= 1.0926 S1 = 1.0954

 

R1 = 1.1095 R2 = 1.1122 R3 = 1.1148

 

EUR/USD important trading levels

For the time being the EUR/USD shared currency pair is going downwards by a big negative value of -0.46% and it is trading in the proximity of the 1.0953 level therefore only by jumping over the 1.0916 level this will clear the path towards the 1.0867 point followed close up by the 1.0823 trading point.

 

On the other side of the medal there are many strong point beginning with the 1.1046 level followed close up by the 1.1054 point and lastly ending with the 1.1071 point.

 

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