• 798 days Will The ECB Continue To Hike Rates?
  • 798 days Forbes: Aramco Remains Largest Company In The Middle East
  • 800 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,200 days Could Crypto Overtake Traditional Investment?
  • 1,205 days Americans Still Quitting Jobs At Record Pace
  • 1,207 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,210 days Is The Dollar Too Strong?
  • 1,210 days Big Tech Disappoints Investors on Earnings Calls
  • 1,211 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,213 days China Is Quietly Trying To Distance Itself From Russia
  • 1,213 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,217 days Crypto Investors Won Big In 2021
  • 1,217 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,218 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,220 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,221 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,224 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,225 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,225 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,227 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…

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…

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 - Challenging the Key Support at 1.0900

EUR/USD continues to decline, as can be seen by the break of the support at 1.0936 (03/11/2015 low) and 1.1006 (uptrend rising channel). Prices are now challenging the key support at 1.0900. Hourly resistance for a short term bounce is given at 1.1095 (28/10/2015 reaction high). Stronger resistance can be found at 1.1387 (20/10/2015 low).

Since March 2015, the pair is improving. Key supports can be found at 1.0458 (16/03/2015 low) and 1.0000 (psychological support). The technical structure favours an eventual break higher. Strong resistance is given at 1.1871(12/01/2015).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment