23 Jul 2015
EUR/USD wobbles around 1.0930
FXStreet (Edinburgh) - The shared currency is now posting marginal gains vs. the dollar, taking EUR/USD to the area of 1.0930/35 so far.
EUR/USD capped by 1.0960
The pair has eroded the earlier spike to the 1.0960 area in response to the positive vote of the Greek Parliament on the second austerity package, slipping to the 1.0925/20 band ahead of the European open.
Again a flat docket in the euro area – only Consumer Confidence is due – will leave the pair’s price action to the broader risk appetite trends and the US calendar, with Initial Claims expected at 280K.
EUR/USD levels to watch
At the moment the pair is up 0.06% at 1.0936 with the next hurdle at 1.0968 (high Jul.22) ahead of 1.1036 (high Jul.15) and finally 1.1086 (high Jul.14). On the flip side, a breakdown of 1.0892 (low Jul.22) would aim for 1.0812 (low Jul.21) and then 1.0789 (low Apr.25).
EUR/USD capped by 1.0960
The pair has eroded the earlier spike to the 1.0960 area in response to the positive vote of the Greek Parliament on the second austerity package, slipping to the 1.0925/20 band ahead of the European open.
Again a flat docket in the euro area – only Consumer Confidence is due – will leave the pair’s price action to the broader risk appetite trends and the US calendar, with Initial Claims expected at 280K.
EUR/USD levels to watch
At the moment the pair is up 0.06% at 1.0936 with the next hurdle at 1.0968 (high Jul.22) ahead of 1.1036 (high Jul.15) and finally 1.1086 (high Jul.14). On the flip side, a breakdown of 1.0892 (low Jul.22) would aim for 1.0812 (low Jul.21) and then 1.0789 (low Apr.25).