The Analytical Overview of the Main Currency Pairs on 2018.01.24

The EUR/USD currency pair

Technical indicators of the currency pair:
  • Prev Open: 1.22610
  • Open: 1.22986
  • % chg. over the last day: +0.38
  • Day's range: 1.23029 – 1.23095
  • 52 wk range: 1.0492 – 1.2296

During yesterday's trading, the EUR/USD currency pair increased significantly against the euro strengthening and the US dollar weakening. The growth of quotes exceeded 100 points. At the moment, the EUR/USD currency pair is consolidating in the range of 1.22800-1.23300. Investors took a wait-and-see position before the ECB meeting on Thursday. We recommend opening positions from the key levels.

The news feed on 2018.01.24:

  • - Statistics on business activity in Germany and the Eurozone at 10:30 (GMT+2:00) and 11:00 (GMT+2:00), respectively;
    - Existing home sales in the US at 17:00 (GMT+2:00).

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