• 1,009 days Will The ECB Continue To Hike Rates?
  • 1,009 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,011 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,411 days Could Crypto Overtake Traditional Investment?
  • 1,416 days Americans Still Quitting Jobs At Record Pace
  • 1,418 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,421 days Is The Dollar Too Strong?
  • 1,421 days Big Tech Disappoints Investors on Earnings Calls
  • 1,422 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,424 days China Is Quietly Trying To Distance Itself From Russia
  • 1,424 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,428 days Crypto Investors Won Big In 2021
  • 1,428 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,429 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,431 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,432 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,435 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,436 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,436 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,438 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

EUR/USD: Recent Low at 1.2844 is Challenged

EUR/USD erased yesterday the entire rise made since 19 March. Monitor the test of the support at 1.2844. Another support is at 1.2662 (13/11/2012 low). Hourly resistances can be found at 1.2943 (intraday low) and 1.3048 (25/03/2013 high).

The technical improvements, exhibited with the rise from 1.2043 (24/07/2012 low) to 1.3711 (01/02/2013 high), are put in doubt with the bearish breakout at 1.2998 (04/01/2013 low). Monitor the key supports at 1.2877 (07/12/2012 low) and 1.2662 (13/11/2012 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment