EUR/USD Daily Technical Analysis for March 20, 2017

2 months agoByDavid Becker

The EUR/USD edged lower on Friday after climbing for two consecutive trading session in the wake of the Federal Reserve meeting. Strong dollar comments from Treasury Secretary Mnuchin gave the greenback a boost. Resistance on the EURUSD chart is seen near a downward sloping trend line that comes in near 1.0785, and a break of this level would lead to a test of the February highs at 1.0829.  Support on the Euro to US dollar is seen near the 10-day moving average at 1.0646.

Treasury Secretary Mnuchin Give a Strong Dollar Policy Statement

A strong dollar statement was issued by Treasury Secretary Mnuchin along with a variety of other remarks following his meeting with German Finance Minister Schaeble. He said that the stronger dollar “is a good thing in the long-term” and a sign of increasing confidence in the reserve currency, though it is important that countries do not manipulate currencies.

Indices

SymbolLast PriceChangeChart
DJI20912
710.34
SPX2395.75
80.34
NDX5711.25
21.50.38
DX96.8
-0.01-0.01
UKX7493.25
17.250.23
TF1377.55
6.250.46

Indicies Quotes

Most Popular

SymbolLast PriceChangeChart
EURUSD1.1248
+0.0012+0.11
GBPUSD1.29874
-0.0003-0.02
XAUUSD1260.23
-2.42-0.19
CL50.695
-0.405-0.79
UKX7493.25
+17.25+0.23
DAX12657
+67+0.53

Live Quotes

Currencies

SymbolLast PriceChangeChart
EURUSD1.1248
0.00120.11
USDCAD1.34904
-0.0001-0.01
GBPUSD1.29874
-0.0003-0.02
AUDUSD0.7499
0.00310.42
USDJPY111.183
0.2920.26
EURGBP0.86606
0.00130.15

Forex Quotes

Commodities

SymbolLast PriceChangeChart
XAUUSD1260.23
-2.42-0.19
XAGUSD17.135
-0.018-0.1
HG2.58325
-0.0078-0.3
PA769.975
1.4250.19
PL948.95
-0.45-0.05
CL50.695
-0.405-0.79

Commodities Quotes

Indices

SymbolLast PriceChangeChart
DJI20912
710.34
SPX2395.75
80.34
NDX5711.25
21.50.38
DX96.8
-0.01-0.01
UKX7493.25
17.250.23
TF1377.55
6.250.46

Indicies Quotes

Most Popular

SymbolLast PriceChangeChart
EURUSD1.1248
+0.0012+0.11
GBPUSD1.29874
-0.0003-0.02
XAUUSD1260.23
-2.42-0.19
CL50.695
-0.405-0.79
UKX7493.25
+17.25+0.23
DAX12657
+67+0.53

Live Quotes

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