{"id":24683,"date":"2011-10-24T11:45:57","date_gmt":"2011-10-24T15:45:57","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=24683"},"modified":"2011-10-24T11:45:57","modified_gmt":"2011-10-24T15:45:57","slug":"eurodollar-daily-update-241011","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/10\/24\/eurodollar-daily-update-241011\/","title":{"rendered":"Euro\/Dollar Daily Update 24\/10\/11"},"content":{"rendered":"<p><a href=\"http:\/\/www.forex-fx-4x.com\/category\/forex-weekly-analysis\/eurusd-weekly-analysis\/\">EUR\/USD Analysis\u00a0<\/a><\/p>\n<p><strong>The Euro\/Dollar<\/strong>\u00a0currency pair gave a 6 week high earlier today prior to retracing under the 1.3900 level resistance.\u00a0 The psycho level 1.4000 level is however seen as key in the near term with added confluence as follows:<\/p>\n<ul style=\"padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 35px; margin-top: 20px; margin-right: 0px; margin-bottom: 20px; margin-left: 0px; list-style-type: disc; list-style-position: initial; list-style-image: initial;\">\n<li style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 5px; margin-left: 0px; list-style-type: disc; list-style-position: initial; list-style-image: initial; padding: 0px;\">61.8% Fib ret of 1.4548 &gt; 1.3144 is at 1.4009.<\/li>\n<li style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 5px; margin-left: 0px; list-style-type: disc; list-style-position: initial; list-style-image: initial; padding: 0px;\">150 EMA (Exponential Moving Average) is aligned with 1.4000.<\/li>\n<li style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 5px; margin-left: 0px; list-style-type: disc; list-style-position: initial; list-style-image: initial; padding: 0px;\">Price structure support lows from the 2011-03 &gt; 2011-09 period are likewise aligned.<\/li>\n<\/ul>\n<p>A failure to hold the current highs now brings 1.3600 into play as a potential downside target.\u00a0 This market has bought the\u00a0<strong>eur<\/strong>\u00a0since earlie in October and there&#8217;s no obvious sign of a reversal at present. \u00a0The 76.00 <a href=\"http:\/\/www.forex-fx-4x.com\/category\/forex-weekly-analysis\/dollar-index-weekly-analysis\/\">dollar index<\/a> level\u00a0has also held intra-day and can be monitored if trading the dollar versus any other currency.<\/p>\n<p><strong><em>Daily Chart<\/em><\/strong><\/p>\n<p><a style=\"color: #090966; outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; font-style: normal; font-weight: normal;\" href=\"http:\/\/www.forex-fx-4x.com\/wp-content\/uploads\/2011\/10\/eurusdanalysisoctober24th.png\"><img loading=\"lazy\" decoding=\"async\" style=\"display: inline; border: 0px initial initial;\" title=\"eurusd analysis october 24th\" src=\"http:\/\/www.forex-fx-4x.com\/wp-content\/uploads\/2011\/10\/eurusdanalysisoctober24th_thumb.png\" alt=\"eurusdanalysisoctober24th thumb EURUSD Analysis October 24th\" width=\"728\" height=\"508\" border=\"0\" \/><\/a><\/p>\n<ul style=\"padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 35px; margin-top: 20px; margin-right: 0px; margin-bottom: 20px; margin-left: 0px; list-style-type: disc; list-style-position: initial; list-style-image: initial;\">\n<li style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 5px; margin-left: 0px; list-style-type: disc; list-style-position: initial; list-style-image: initial; padding: 0px;\">RSI 14 is neutral at 55.57<\/li>\n<li style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 5px; margin-left: 0px; list-style-type: disc; list-style-position: initial; list-style-image: initial; padding: 0px;\">Stoch(9,6) neutral at 51.21<\/li>\n<\/ul>\n<p>Article by forex-fx-4x.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD Analysis\u00a0 The Euro\/Dollar\u00a0currency pair gave a 6 week high earlier today prior to retracing under the 1.3900 level resistance.\u00a0 The psycho level 1.4000 level is however seen as key in the near term with added confluence as follows: 61.8% Fib ret of 1.4548 &gt; 1.3144 is at 1.4009. 150 EMA (Exponential Moving Average) is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/10\/24\/eurodollar-daily-update-241011\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Euro\/Dollar Daily Update 24\/10\/11&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-24683","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=24683"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=24683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=24683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=24683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}