BREAKING NEWS : $500 - $5000 No Deposit Bonus Hurry up, Join Now! Written by experienced traders and professional market analysts, our Forex technical analysis is just what you need to get an edge in your Forex trading Advertisement EURUSD Analysis: Euro reaches 1.0950 mark Written by Dukascopy Bank Team | 2017-04-27 08:45:47 GMT The Most Profitable Forex Advisors - Live Signals "We consider the euro to be cheap. Investors will be back to look at the euro from a valuation basis. We see the fundamental fair value of the currency closer to $1.25 in the long term." – Thomas Kressin, Pimco (based on Bloomberg) Pair's Outlook

On Thursday morning the common European currency remained near the 1.09 mark against the US Dollar. Previously, as it was forecasted, the currency exchange rate reached the cluster of support below it near the 1.0880 level and rebounded. Due to that factor a surge is to be expected. However, the upper Bollinger band is no longer located below the pair, and on Thursday was providing a hindering resistance near the 1.0920 level. Moreover, the pair is still set to struggle with the resistance put up by the upper trend line of the long term pattern at 1.0960.

Traders' Sentiment

SWFX traders remain bearish, as 60% of open positions are short. Meanwhile, trader set up orders are neutral. Interested in EUR/USD technicals? Check out the key levels R3 1.1047 R2 1.0999 R1 1.0951 PP 1.0903 S1 1.0856 S2 1.0808 S3 1.0760 Updated Apr 26, 00:00 GMT See Full Study Author Dukascopy Bank Team Trade With A Regulated Broker Broker Profile Open Account Minimum Deposit: 1 USD Leverage of up to 1:2000 Broker Type : STP Regulation : CySEC, 178/12 IFSA (St. Vincent and Grenadines), 21927 (IBC 2014) Minimum Deposit: 5 USD Leverage of up to 1:30 Leverage applies to all EU regulated entities of the group. Leverage depends on the financial instrument traded. Broker Type : Market Maker Regulation : CySEC,ASIC ,FCA Minimum Deposit: 1 USD Leverage of up to 1:1000 Broker Type : STP Regulation : RAFMM Offer: 30USD No Deposit Bonus Minimum Deposit: 25 USD Leverage of up to 1:500 Broker Type : ECN/STP & STP Regulation : FSA SD008 Offer: 50% Deposit Bonus Minimum Deposit: 50 USD Leverage of up to 1:500 Broker Type : ECN/STP & STP Regulation : FCA (UK), 679306 IFSA (St. Vincent and Grenadines), 19776 IBC 2011 Offer: 100% Deposit Bonus Minimum Deposit: 50 USD Leverage of up to 1:500 Broker Type : ECN/STP & STP Regulation : CySEC, 183/12 FSC (Mauritius), 094286 The Best Crypto to Crypto Exchanger Advantages Open Account Safety Stability: Multi-tier & multi-cluster system architecture Binance charges a quite low commission fee Multiple-Coin Support : BTC, ETH, LTC, BNB... High Liquidity Multiple-Language Support Instant cryptocurrency exchange More than 500,000 satisfied users Changelly charges a quite low commission fee Safety Stability Bitmex - Bitcoin Mercantile Exchange is a cryptocurrency derivatives trading platform. Bitmex charges a quite low commission fee Safety Stability Best Brokers to Trade Crypto Broker Profile Open Account Minimum Deposit: 50 USD Leverage of up to 1:500 Broker Type : STP/ECN Regulation : FCA (UK), 679306 IFSA (St. Vincent and Grenadines), 19776 IBC 2011 Offer: 30 USD No Deposit Bonus - 50% Deposit Bonus Minimum Deposit: 5 USD Leverage of up to 1:500 Broker Type : Market Maker Regulation : CySEC,ASIC ,FCA Offer: 50USD No Deposit Bonus Offer: 100% Deposit Bonus Minimum Deposit: 1 USD Leverage of up to 1:500 Broker Type : Market Maker Regulation : CRFIN (Russia), 009069697 IFSC (Belize), IFSC/60/230/TS/12