• 676 days Will The ECB Continue To Hike Rates?
  • 676 days Forbes: Aramco Remains Largest Company In The Middle East
  • 678 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,078 days Could Crypto Overtake Traditional Investment?
  • 1,083 days Americans Still Quitting Jobs At Record Pace
  • 1,085 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,088 days Is The Dollar Too Strong?
  • 1,088 days Big Tech Disappoints Investors on Earnings Calls
  • 1,089 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,091 days China Is Quietly Trying To Distance Itself From Russia
  • 1,091 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,095 days Crypto Investors Won Big In 2021
  • 1,095 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,096 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,098 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,099 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,102 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,103 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,103 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,105 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…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  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