• 998 days Will The ECB Continue To Hike Rates?
  • 998 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,000 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,400 days Could Crypto Overtake Traditional Investment?
  • 1,404 days Americans Still Quitting Jobs At Record Pace
  • 1,406 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,409 days Is The Dollar Too Strong?
  • 1,410 days Big Tech Disappoints Investors on Earnings Calls
  • 1,411 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,412 days China Is Quietly Trying To Distance Itself From Russia
  • 1,413 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,416 days Crypto Investors Won Big In 2021
  • 1,417 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,418 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,420 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,420 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,423 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,424 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,424 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,426 days Are NFTs About To Take Over Gaming?
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

Daily Technical Report

EUR/USD has extended its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The dramatic move has confirmed the emotionally charged bull-trap that we had anticipated, which had been driven by recent positive EU News.

Key support is now holding at 1.3653 (18th Oct low). A sustained confirmation beneath here will unlock further downside scope into 1.3146 (Oct swing low) and that all-important psychological level at 1.3000.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment