Free Trial

Commitment of Traders Data from 10 Feb Delayed




Bearish Price Action


Support Remains Exposed

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Bears Need Close Below 55-DMA.....>

EURO-DOLLAR TECHS: Bears Need Close Below 55-DMA
*RES 4: $1.1884 Alternating hourly support/resistance
*RES 3: $1.1848 High Dec 6
*RES 2: $1.1814 High Dec 7
*RES 1: $1.1777 Hourly resistance Dec 8
*PRICE: $1.1763 @ 0200GMT
*SUP 1: $1.1760 55-DMA 
*SUP 2: $1.1713 Low Nov 21 
*SUP 3: $1.1690 High Nov 3 now support 
*SUP 4: $1.1621 Low Nov 10
*COMMENTARY: The daily bull channel top ($1.2066) capped last week and now sees
the pair gaining traction below the channel base ($1.1875) and pressuring the
55-DMA. Bears still need a close below the 55-DMA to confirm an easing of
bullish pressure and below $1.1690 to confirm initial focus on $1.1552 Nov lows.
Bulls continue to look for a close above $1.1848 to gain breathing room and
above $1.1884 to shift focus back to $1.1940-61.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.