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

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

EUR/USD - Back Under 1.2163 Favours an Extension Lower

EUR/USD appears to be in the midst of a shortterm corrective phase higher. Scope is seen for a test of the 1.2300 region before a longer lasting high may form.

An earlier break back under 1.2163 will warn of a lower high already being in place at the days high (1.2283)

In a similar manner to EUR/USD, the USD Index is also correcting lower. A higher low is now sought above the 82.879 high made on 28 June.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment