• 991 days Will The ECB Continue To Hike Rates?
  • 992 days Forbes: Aramco Remains Largest Company In The Middle East
  • 993 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,393 days Could Crypto Overtake Traditional Investment?
  • 1,398 days Americans Still Quitting Jobs At Record Pace
  • 1,400 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,403 days Is The Dollar Too Strong?
  • 1,403 days Big Tech Disappoints Investors on Earnings Calls
  • 1,404 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,406 days China Is Quietly Trying To Distance Itself From Russia
  • 1,406 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,410 days Crypto Investors Won Big In 2021
  • 1,410 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,411 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,413 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,414 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,417 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,418 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,418 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,420 days Are NFTs About To Take Over Gaming?
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

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 - Pausing Avove 1.0900

EUR/USD is trading sideways. Hourly support is given at 1.0852 (27/04/2017 low) then 1.0682 (21/04/2017 base). Stronger support can be found at 1.0494 (22/02/2017 low). Hourly resistance is given at 1.0951 (26/04/2017 high). Expected to show another leg higher towards 1.10.

In the longer term, the death cross late October indicated a further bearish bias. The pair has broken key support given at 1.0458 (16/03/2015 low). Key resistance holds at 1.1714 (24/08/2015 high). Expected to head towards parity.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment