Free Trial
AUSSIE 10-YEAR TECHS

(U2) More Stable But Still Fragile Longer Term

AUSSIE 3-YEAR TECHS

(U2) Recovers Off Lows, Remains Neutral

US TSYS

Risk Gains When Hawks Cry

US TSY FUTURES

BLOCK, 2Y Sale

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

Downside Risk *RES 4: 1.1178......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Downside Risk
*RES 4: 1.1178 High Jan 16 and a key resistance
*RES 3: 1.1143 High Jan 17
*RES 2: 1.1118 High Jan 21
*RES 1: 1.1096 High Jan 31 and t-dline resistance drawn off the Dec 31 high
*PRICE: 1.1036 @ 05:35 GMT Feb 5
*SUP 1: 1.1017 Low Jan 31
*SUP 2: 1.0992 Low Jan 29
*SUP 3: 1.0981 Low Nov 29 and key support
*SUP 4: 1.0952/35 Low Oct 9 / 1.0% Lower 10-dma Envelope
EURUSD is softer following the rejection off Monday's high. Last week's recovery
does threaten the recent bearish outlook however, before any reversal is
confirmed price needs to clear trendline resistance at 1.1096, drawn off the Dec
31 high. Note that this also coincides with former trendline support drawn off
the Oct 1 low reinforcing the significance of 1.1096. For now, the outlook
remains bearish with the focus on 1.0981, Nov 29 low.

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.