• 918 days Will The ECB Continue To Hike Rates?
  • 918 days Forbes: Aramco Remains Largest Company In The Middle East
  • 920 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,320 days Could Crypto Overtake Traditional Investment?
  • 1,325 days Americans Still Quitting Jobs At Record Pace
  • 1,327 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,330 days Is The Dollar Too Strong?
  • 1,330 days Big Tech Disappoints Investors on Earnings Calls
  • 1,331 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,333 days China Is Quietly Trying To Distance Itself From Russia
  • 1,333 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,337 days Crypto Investors Won Big In 2021
  • 1,337 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,338 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,340 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,341 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,344 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,345 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,345 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,347 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