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CURRENCYSHARES EURO TRUST $FXE Technical Update

The CURRENCYSHARES EURO TRUST (NYSE: FXE) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for FXE, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Neutral Neutral
P1 109.54 109.82 107.46
P2 110.27 111.36 112.50
P3 111.20 112.83 117.61
Triggers may have already come
Support and Resistance Plot Chart for FXE

Long Term Trading Plans for FXE

August 14, 2018, 3:15 am ET

The Technical Summary and Trading Plans for FXE help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this FXE Report.

FXE - (Long) Support Plan

Buy over 107.46 target 112.50 stop loss @ 107.2.
The technical summary data tells us to buy FXE near 107.46 with an upside target of 112.50. This data also tells us to set a stop loss @ 107.2 to protect against excessive loss in case the stock begins to move against the trade. 107.46 is the first level of support below 109.24 , and by rule, any test of support is a buy signal. In this case, support 107.46 would be being tested, so a buy signal would exist.

FXE - (Short) Resistance Plan

Short under 112.50 target 107.46 stop loss @ 112.76.
The technical summary data is suggesting a short of FXE as it gets near 112.50 with a downside target of 107.46. We should have a stop loss in place at 112.76 though. 112.50 is the first level of resistance above 109.24, and by rule, any test of resistance is a short signal. In this case, if resistance 112.50 is being tested, so a short signal would exist.


FXE Long Term Analysis


FXE Dividend Chart

FXE PE chart

FXE PEG chart