EUR/USD sheds further ground and clinches lows near 1.1740. Further south emerge recent lows in the sub-1.17 area. EUR/USD is fading part of the recent advance to fresh +2-year peaks in the 1.1915/20 band. Extra losses in EUR/USD remain on the cards, including a probable move to the so far monthly lows just below 1.17 the figure (August 3). The recent bearish divergence in the daily RSI also reinforces the case for a weaker note in the near-term. Looking at the broader picture, while above the critical 200-day SMA, today at 1.1107, the constructive bias in EUR/USD should remain unchanged. EUR/USD daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next S&P 500 Index to see a test of the 3394 record high – Credit Suisse FX Street 2 years EUR/USD sheds further ground and clinches lows near 1.1740. Further south emerge recent lows in the sub-1.17 area. EUR/USD is fading part of the recent advance to fresh +2-year peaks in the 1.1915/20 band. Extra losses in EUR/USD remain on the cards, including a probable move to the so far monthly lows just below 1.17 the figure (August 3). The recent bearish divergence in the daily RSI also reinforces the case for a weaker note in the near-term. Looking at the broader picture, while above the critical 200-day SMA, today at 1.1107, the constructive bias in EUR/USD should remain unchanged.… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
