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9 Feb 2015
EUR/USD around 1.1340 post-Sentix
FXStreet (Edinburgh) - The shared currency remains within the intraday range on Monday, taking EUR/USD to the area of 1.1340/45.
EUR/USD muted after Sentix
The pair kept the composure after the Sentix index, which tracks the Investor Confidence in the euro area, climbed to 12.4 for the current month, the highest levels since February 2006.
In the meantime, Greek markets are extending the sell-off to multi-day lows, taking a toll on the rest of the European indices and pushing domestic bond yields higher, all against the increasing likeliness of the country leaving the bloc.
EUR/USD levels to watch
As of writing the pair is up 0.23% at 1.1346 facing the next hurdle at 1.1362 (200h-MA) followed by 1.1400 (psychological level) and finally 1.1463 (21-d MA). On the other hand a break below 1.1280 (low Feb.2) would open the door to 1.1265 (61.8% of 1.1098-1.1534) and then 1.1224 (low Jan.27).
EUR/USD muted after Sentix
The pair kept the composure after the Sentix index, which tracks the Investor Confidence in the euro area, climbed to 12.4 for the current month, the highest levels since February 2006.
In the meantime, Greek markets are extending the sell-off to multi-day lows, taking a toll on the rest of the European indices and pushing domestic bond yields higher, all against the increasing likeliness of the country leaving the bloc.
EUR/USD levels to watch
As of writing the pair is up 0.23% at 1.1346 facing the next hurdle at 1.1362 (200h-MA) followed by 1.1400 (psychological level) and finally 1.1463 (21-d MA). On the other hand a break below 1.1280 (low Feb.2) would open the door to 1.1265 (61.8% of 1.1098-1.1534) and then 1.1224 (low Jan.27).