Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, suggested the pair should shift its attention to the 200-day SMA if the 1.1095 level is cleared (55-day SMA). Key Quotes “EUR/USD last week sold off towards and recovered just ahead of the 1.0981 29th November low. The market is currently being thwarted by the 55 day ma at 1.1095 and only above here will attention revert to the 200 day ma at 1.1126. Directly above here lies the 1.1171 55 week ma, the 1.1208 one year down channel and the 1.1240 recent high. These remain the break up point to the 200 week ma at 1.1355.” 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 GBP/USD risks further consolidation – UOB FX Street 2 years Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, suggested the pair should shift its attention to the 200-day SMA if the 1.1095 level is cleared (55-day SMA). Key Quotes “EUR/USD last week sold off towards and recovered just ahead of the 1.0981 29th November low. The market is currently being thwarted by the 55 day ma at 1.1095 and only above here will attention revert to the 200 day ma at 1.1126. Directly above here lies the 1.1171 55 week ma, the 1.1208 one year down channel and the 1.1240 recent high. These remain the break up point… Regulated 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.
