• 1,019 days Will The ECB Continue To Hike Rates?
  • 1,020 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,021 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,421 days Could Crypto Overtake Traditional Investment?
  • 1,426 days Americans Still Quitting Jobs At Record Pace
  • 1,428 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,431 days Is The Dollar Too Strong?
  • 1,431 days Big Tech Disappoints Investors on Earnings Calls
  • 1,432 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,434 days China Is Quietly Trying To Distance Itself From Russia
  • 1,434 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,438 days Crypto Investors Won Big In 2021
  • 1,438 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,439 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,441 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,442 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,445 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,446 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,446 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,448 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…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

EUR/USD - Monitoring Long-Term Support

EUR/USD's buying pressures are clearly on. Hourly resistance is given at 1.0652 (intraday high). A break of resistance at 1.0746 (17/11/2016 high) is needed to confirm a reversal. Expected to show continued weakness.

In the longer term, the death cross indicates a further bearish bias despite the pair has increased since last December. Key resistance holds at 1.1714 (24/08/2015 high). Strong support is given at 1.0458 (16/03/2015 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment