• 796 days Will The ECB Continue To Hike Rates?
  • 796 days Forbes: Aramco Remains Largest Company In The Middle East
  • 798 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,198 days Could Crypto Overtake Traditional Investment?
  • 1,202 days Americans Still Quitting Jobs At Record Pace
  • 1,204 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,208 days Is The Dollar Too Strong?
  • 1,208 days Big Tech Disappoints Investors on Earnings Calls
  • 1,209 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,210 days China Is Quietly Trying To Distance Itself From Russia
  • 1,211 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,215 days Crypto Investors Won Big In 2021
  • 1,215 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,216 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,218 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,218 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,222 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,223 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,223 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,225 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…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

EUR/USD - Edging Lower

EUR/USD is now weakening. Hourly resistance lies at 1.1218 (10/03/2016 high). Hourly support can be located a 1.1078 (14/03/2016 low). Expected to show further consolidation.

In the longer term, the technical structure favours a bearish bias as long as resistance holds. Key resistance is located region at 1.1453 (range high) and 1.1640 (11/11/2005 low) is likely to cap any price appreciation. The current technical deteriorations favours a gradual decline towards the support at 1.0504 (21/03/2003 low).

Daily Technical Report

Read the Report

Back to homepage

Leave a comment

Leave a comment