Forex Pros - The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Initial Jobless Claims.
EUR/USD was trading at 1.3785, up 0.09% at time of writing.
The pair was likely to find support at 1.3672, today’s low, and resistance at 1.4230, Friday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 435.00K last week from 459.00K in the preceding week whose figure was revised up from 457.00K.
Analysts had expected Initial Jobless Claims to fall to 450.00K last week.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.77% to hit 0.8550 and EUR/JPY rising 0.78% to hit 113.39.
EUR/USD
EUR/USD
1.3770
Time: Nov 10, 22:40:01 GMT
Members' Sentiments:
54%
46%
BullishBearish
Summary:
Moving Averages: Buy (4) Sell (8)
Indicators: Buy (4) Sell (2)
S3 S2 S1 Pivot Point R1 R2 R3
1.3769 1.3773 1.3778 1.3782 1.3787 1.3791 1.3796
Timeframe: 5 Minutes 10 Minutes Hourly Daily
(source:forexpros.com)
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