Dear ,
As requested, let’s look at EURUSD and the recent events that happened in the previous trading session.
EURUSD Analysis
| Performance after Monday | |||||
| Period | Pct | Chg | Momentum | ||
| Monday | 0.19% | 20.5 Pips |  |
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| Week to-date | 0.19% | 20.5 Pips | |
||
| September | -0.44% | -47.7 Pips |  |
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Upcoming key events (London Time)
 
 Tue 09:00 AM EUR European Central Bank’s President Christine Lagarde speech
  Wed 10:00 AM EUR Retail Trade Turnover (12-mth)
  Wed 03:00 PM USD ISM Services PMI
What happened lately
No major activities.
What can we expect from EURUSD today?
EURUSD on Monday rose 0.19% to 1.07938. Price is below 9-Day EMA while Stochastic is falling.
Updated daily direction for EURUSD looks mixed as the pair is likely to consolidate above 1.07748 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 1.08090 or trades above daily pivot 1.07919. While to the downside, the daily low of 1.07729 and 1.07748 (S1) as immediate support levels. EURUSD need to break on either side to indicate a short-term bias. A break above 1.08090 may suggest continuation after recent positive movement.
For the week to-date, take note that EURUSD is mixed as compared to prior week.
Key levels to watch out:
| R3 | 1.0847 |
| R2 | 1.0828 |
| R1 | 1.08109 |
| Daily Pivot | 1.07919 |
| S1 | 1.07748 |
| S2 | 1.07558 |
| S3 | 1.07387 |
