• 323 days Will The ECB Continue To Hike Rates?
  • 324 days Forbes: Aramco Remains Largest Company In The Middle East
  • 325 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 725 days Could Crypto Overtake Traditional Investment?
  • 730 days Americans Still Quitting Jobs At Record Pace
  • 732 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 735 days Is The Dollar Too Strong?
  • 735 days Big Tech Disappoints Investors on Earnings Calls
  • 736 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 738 days China Is Quietly Trying To Distance Itself From Russia
  • 738 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 742 days Crypto Investors Won Big In 2021
  • 742 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 743 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 745 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 746 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 749 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 750 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 750 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 752 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  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