Forex Chart for EUR/USD

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By ForexChart

Forex Chart for EUR/USD

Weekly EUR/USD still in downtrend while daily chart is retracing up with resistance at 1.4370 and support at 1.4014.

4 Hours chart up trend signals was appeared ..buy recommendation for today.

NEW YORK (MarketWatch) -- The U.S. dollar mustered gains against the euro in the week ended Friday as underwhelming economic data and festering problems in Europe's debt markets weighed on the single currency and had traders fleeing to the familiar safe havens of the Japanese yen and Swiss franc. For the week, the euro EURUSD +0.20% ended at $1.4269, down 0.9% against the greenback. The dollar index DXY -1.01% , which measures the greenback's performance against a basket of six currencies, has returned 0.9%, its first week up in four.

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