• 988 days Will The ECB Continue To Hike Rates?
  • 989 days Forbes: Aramco Remains Largest Company In The Middle East
  • 990 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,390 days Could Crypto Overtake Traditional Investment?
  • 1,395 days Americans Still Quitting Jobs At Record Pace
  • 1,397 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,400 days Is The Dollar Too Strong?
  • 1,400 days Big Tech Disappoints Investors on Earnings Calls
  • 1,401 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,403 days China Is Quietly Trying To Distance Itself From Russia
  • 1,403 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,407 days Crypto Investors Won Big In 2021
  • 1,407 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,408 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,410 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,411 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,414 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,415 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,415 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,417 days Are NFTs About To Take Over Gaming?
Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

EUR/USD: Clears Resistance at 1.3820

EUR/USD has further improved, breaking out of its short-term declining channel and pushing above near term resistance. Monitor the resistance at 1.3820 (see also 50% retracement). Hourly supports now lie at 1.3820 (old resistance) and 1.3673. Another resistance can be found at 1.3876.

In the longer term, EUR/USD is still in a succession of higher highs and higher lows, suggesting additional upside can be anticipated. A significant resistance now lies at 1.3876 (24/03/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment