交易新闻
21 Apr 2015
EUR/USD continues to slide as ECB considers limiting ELA to Greece
FXStreet (Mumbai) - The EUR/USD extended losses to hit a session low of 1.0658 on reports that the European Central Bank (ECB) is considering the Emergency Liquidity Assistance (ELA) to Greece.
Trades below hourly 200-MA
The pair fell below its hourly 200-MA located at 1.0678 levels in the early European session on mounting pressure from Greece issue. Fresh reports say that the ECB could stop assistance to Greek banks in case the nation fails to secure bailout by submitting reforms list. Meanwhile, the Greek government, on Monday, announced that all funds of local governments must be parked at the central bank in Athens.
The Greek issue could continue to dominate the market sentiment. Meanwhile, the Eurozone and the German Zew survey data due for release later today could also influence the pair.
EUR/USD Technical Levels
At the moment, the pair is trading at 1.0662, down 0.71%. The immediate resistance is seen at 1.0678 (hourly 200-MA), above which gains could be extended to 1.0713. On the flip side, a break below 1.0650 could drive the pair lower to 1.0519.
Trades below hourly 200-MA
The pair fell below its hourly 200-MA located at 1.0678 levels in the early European session on mounting pressure from Greece issue. Fresh reports say that the ECB could stop assistance to Greek banks in case the nation fails to secure bailout by submitting reforms list. Meanwhile, the Greek government, on Monday, announced that all funds of local governments must be parked at the central bank in Athens.
The Greek issue could continue to dominate the market sentiment. Meanwhile, the Eurozone and the German Zew survey data due for release later today could also influence the pair.
EUR/USD Technical Levels
At the moment, the pair is trading at 1.0662, down 0.71%. The immediate resistance is seen at 1.0678 (hourly 200-MA), above which gains could be extended to 1.0713. On the flip side, a break below 1.0650 could drive the pair lower to 1.0519.