• 1,138 days Will The ECB Continue To Hike Rates?
  • 1,138 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,140 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,540 days Could Crypto Overtake Traditional Investment?
  • 1,544 days Americans Still Quitting Jobs At Record Pace
  • 1,546 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,549 days Is The Dollar Too Strong?
  • 1,550 days Big Tech Disappoints Investors on Earnings Calls
  • 1,551 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,552 days China Is Quietly Trying To Distance Itself From Russia
  • 1,553 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,556 days Crypto Investors Won Big In 2021
  • 1,557 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,557 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,560 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,560 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,563 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,564 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,564 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,566 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

EUR/USD: Consolidates Close to the Key Low at 1.2408

EUR/USD continues to consolidate just near the key low at 1.2408. We still expect this region to yield a degree of supply and view it as a reasonable entry point for longer-term shorts.

However a sustained move above 1.2443 will neutralise our current bearish bias in the nearterm time frame.

Longer-term structure present since 1.3486 continues to suggest a substantial extension lower in the coming months.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment