• 560 days Will The ECB Continue To Hike Rates?
  • 560 days Forbes: Aramco Remains Largest Company In The Middle East
  • 562 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 962 days Could Crypto Overtake Traditional Investment?
  • 967 days Americans Still Quitting Jobs At Record Pace
  • 969 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 972 days Is The Dollar Too Strong?
  • 972 days Big Tech Disappoints Investors on Earnings Calls
  • 973 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 975 days China Is Quietly Trying To Distance Itself From Russia
  • 975 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 979 days Crypto Investors Won Big In 2021
  • 979 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 980 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 982 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 983 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 986 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 987 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 987 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 989 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Daily Technical Report

EUR/USD: Resuming sharp reversal into 1.3140.

EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an important 2 year trend-line).

The bearish move is now being further anchored down by heightened European sovereign debt risk after Italian Govt. yields launched above 7%.

The recent break under 1.3653 (18th Oct low) unlocks further downside scope into 1.3146 (Oct swing low) and psychological level at 1.3000.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment