Free Trial
EQUITIES

US Cash opening calls

US 10YR FUTURE TECHS

(H3)‌‌ Approaching Key Resistance

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

Bull Cycle Extends

EURUSD TECHS
  • RES 4: 1.0450 1.764 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 3: 1.0368 High Aug 10
  • RES 2: 1.0327 1.50 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 1: 1.0279 Intraday high
  • PRICE: 1.0262 @ 10:24 GMT Nov 11
  • SUP 1: 1.0094 High Oct 27 and a key near-term resistance
  • SUP 2: 0.9936 Low Nov 10
  • SUP 3: 0.9898 Low Nov 7
  • SUP 4: 0.818 Trendline support drawn from the Sep 28 low

EURUSD surged Thursday to print a new weekly high, as a soft CPI release dented the dollar. The pair is firmer again today, reinforcing bullish conditions. Yesterday’s climb resulted in a break of key short-term resistance at 1.0094, the Oct 27 high and 1.0198, the Sep 12 high, strengthening the bullish case. This opens 1.0327 next, a Fibonacci projection. Initial firm support is at 1.0094 ahead of the firmer support at yesterday’s 0.9936 low.

154 words

To read the full story

Why Subscribe to

MarketNews.com

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.
  • RES 4: 1.0450 1.764 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 3: 1.0368 High Aug 10
  • RES 2: 1.0327 1.50 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 1: 1.0279 Intraday high
  • PRICE: 1.0262 @ 10:24 GMT Nov 11
  • SUP 1: 1.0094 High Oct 27 and a key near-term resistance
  • SUP 2: 0.9936 Low Nov 10
  • SUP 3: 0.9898 Low Nov 7
  • SUP 4: 0.818 Trendline support drawn from the Sep 28 low

EURUSD surged Thursday to print a new weekly high, as a soft CPI release dented the dollar. The pair is firmer again today, reinforcing bullish conditions. Yesterday’s climb resulted in a break of key short-term resistance at 1.0094, the Oct 27 high and 1.0198, the Sep 12 high, strengthening the bullish case. This opens 1.0327 next, a Fibonacci projection. Initial firm support is at 1.0094 ahead of the firmer support at yesterday’s 0.9936 low.