• Latest
  • Trending
  • All
Tech analysis

Trade of the Day: EUR/USD

February 13, 2020 20:59
Dollar lacks upside momentum due to lower Treasury yields

Currency markets muted ahead of jobs report

August 5, 2022 09:01
Stock markets rebound on strong corporate earnings

Markets look tepid ahead of NFP data

August 5, 2022 08:53
Dollar lacks upside momentum due to lower Treasury yields

USD bulls stay out of the game

August 4, 2022 08:31
Investor sentiment looks neutral at the start of the week

Risk sentiment turns positive, but caution persists

August 4, 2022 08:25
Dollar lacks upside momentum due to lower Treasury yields

US dollar resists the selling pressure

August 3, 2022 11:01
Nancy Pelosi’s stomach-turning impeachment charade damages America

Risk tones keep tentative after Pelosi’s Taiwan visit

August 3, 2022 10:54
Dollar lacks upside momentum due to lower Treasury yields

Dollar trims losses but stays depressed

August 2, 2022 06:53
Markets hit by rising tensions between the United States and China

US-China tensions trigger risk-off trades across the markets

August 2, 2022 06:42
Dollar lacks upside momentum due to lower Treasury yields

Greenback remains on the back foot

August 1, 2022 06:36
Investors unsettled despite solid corporate earnings

Risk appetite looks tepid at the start of the week and the month

August 1, 2022 06:30
Dollar lacks upside momentum due to lower Treasury yields

Dollar set to trim losses further

July 29, 2022 06:37
Investor sentiment remains unstable amid geopolitical developments

Risk demand turns more measured ahead of the weekend

July 29, 2022 06:28
  • Terms & Сonditions
  • Contact
Tuesday, August 9, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stock markets rebound on strong corporate earnings

    Markets look tepid ahead of NFP data

    Investor sentiment looks neutral at the start of the week

    Risk sentiment turns positive, but caution persists

    Nancy Pelosi’s stomach-turning impeachment charade damages America

    Risk tones keep tentative after Pelosi’s Taiwan visit

    Markets hit by rising tensions between the United States and China

    US-China tensions trigger risk-off trades across the markets

    Investors unsettled despite solid corporate earnings

    Risk appetite looks tepid at the start of the week and the month

    Investor sentiment remains unstable amid geopolitical developments

    Risk demand turns more measured ahead of the weekend

    Risk sentiment keeps deteriorating, dollar climbs

    Fed-induced rally fades, dollar steadies

    Investors stay nervous as tensions escalate

    Investors cautiously optimistic ahead of FOMC verdict

    Equity markets mixed ahead of the weekend

    Markets mixed as Fed meeting looms

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stock markets rebound on strong corporate earnings

    Markets look tepid ahead of NFP data

    Investor sentiment looks neutral at the start of the week

    Risk sentiment turns positive, but caution persists

    Nancy Pelosi’s stomach-turning impeachment charade damages America

    Risk tones keep tentative after Pelosi’s Taiwan visit

    Markets hit by rising tensions between the United States and China

    US-China tensions trigger risk-off trades across the markets

    Investors unsettled despite solid corporate earnings

    Risk appetite looks tepid at the start of the week and the month

    Investor sentiment remains unstable amid geopolitical developments

    Risk demand turns more measured ahead of the weekend

    Risk sentiment keeps deteriorating, dollar climbs

    Fed-induced rally fades, dollar steadies

    Investors stay nervous as tensions escalate

    Investors cautiously optimistic ahead of FOMC verdict

    Equity markets mixed ahead of the weekend

    Markets mixed as Fed meeting looms

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
No Result
View All Result

Home » Trade of the Day: EUR/USD

Trade of the Day: EUR/USD

by FWNews
February 13, 2020 20:59
in Technical analysis
0
Tech analysis

EUR/USD continues to fall inside the hourly Down Channel chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Down Channel at the 4-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6 bars) and significant Clarity (7 bars). EUR/USD expected to fall further inside this Down Channel – in line with the earlier breakout of the key support level shown below.

As can be seen from the daily EUR/USD chart below – the pair previously broke through the pivotal support level 1.0880 (which stopped the sharp downward impulse in October, as can be seen below). This price level is acting as strong resistance after it was broken. The proximity of this resistance level and the strength of the active downward impulse wave from December increase the probability EUR/USD will continue to fall inside this Down Channel.

Source: Autochartist
Share4Tweet2
ADVERTISEMENT
FWNews

FWNews

Track the pulse of the market

Related Posts

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Currency markets muted ahead of jobs report

August 5, 2022 09:01
16
Stock markets rebound on strong corporate earnings
Fundamental analysis

Markets look tepid ahead of NFP data

August 5, 2022 08:53
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD bulls stay out of the game

August 4, 2022 08:31
16
Investor sentiment looks neutral at the start of the week
Fundamental analysis

Risk sentiment turns positive, but caution persists

August 4, 2022 08:25
15
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

US dollar resists the selling pressure

August 3, 2022 11:01
20
Nancy Pelosi’s stomach-turning impeachment charade damages America
Fundamental analysis

Risk tones keep tentative after Pelosi’s Taiwan visit

August 3, 2022 10:54
19

Leave Your Opinion Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Global stocks sharply lower amid a new coronavirus strain

Global markets at fresh record highs ahead of the weekend

August 13, 2021 06:15
14
A slow start to the week in FX markets

Dollar under mild pressure to start the week

July 26, 2021 08:35
20
The Eurozone service PMI dropped to a record low of 28.4

Markets struggle for clear direction, prepare for major events

June 8, 2022 05:03
19

Ads

Shneider Electric

Most Popular

A slow start to the week in FX markets
Technical analysis

Dollar regains ground to start the week

January 25, 2021 07:25
118
A slow start to the week in FX markets
Technical analysis

Greenback advances modestly amid strong data

May 28, 2021 07:38
110
Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war
News

Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war

July 28, 2020 08:29
95
FWNews

Copyright © 2022 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2022 FWNews