• 1,030 days Will The ECB Continue To Hike Rates?
  • 1,031 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,032 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,432 days Could Crypto Overtake Traditional Investment?
  • 1,437 days Americans Still Quitting Jobs At Record Pace
  • 1,439 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,442 days Is The Dollar Too Strong?
  • 1,442 days Big Tech Disappoints Investors on Earnings Calls
  • 1,443 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,445 days China Is Quietly Trying To Distance Itself From Russia
  • 1,445 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,449 days Crypto Investors Won Big In 2021
  • 1,449 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,450 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,452 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,453 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,456 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,457 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,457 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,459 days Are NFTs About To Take Over Gaming?
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…

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: Under 1.2317 Required to Weaken Shortterm Structure

EUR/USD is testing 1.2317 (10/08/2012 intraday high) below which will weaken the short-term structure in favour of the bears.

Focusing on the USD Index, we continue to expect that the key low at 81.161 (18/06/2012 low) will not be breached and view this level as being key to continued upside.

Back over 1.2443 will dampen our bearish bias.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment