• 633 days Will The ECB Continue To Hike Rates?
  • 633 days Forbes: Aramco Remains Largest Company In The Middle East
  • 635 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,034 days Could Crypto Overtake Traditional Investment?
  • 1,039 days Americans Still Quitting Jobs At Record Pace
  • 1,041 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,044 days Is The Dollar Too Strong?
  • 1,045 days Big Tech Disappoints Investors on Earnings Calls
  • 1,045 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,047 days China Is Quietly Trying To Distance Itself From Russia
  • 1,047 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,051 days Crypto Investors Won Big In 2021
  • 1,052 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,052 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,055 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,055 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,058 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,059 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,059 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,061 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…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

  1. Home
  2. Markets
  3. Other

EUR/USD - EUR/USD Hit Hard by ECB

EUR/USD has crushed its key support at 1.3105 (06/09/2013 low) following the ECB's decisions. Hourly resistances for a short-term bounce can be found at 1.3000 (psychological threshold) and 1.3110 (02/09/2014 high).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The break of the key support at 1.3105 (06/09/2013 low) opens the way for a decline towards the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low). A key resistance lies at 1.3297 (22/08/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment