Free Trial
EURGBP TECHS

Bullish Theme, Despite Week’s Weakness

US TSY FUTURES

BLOCK, 5Y Sale

US OUTLOOK/OPINION

MS: Adding An Extra 25bp Hike For May But Keep Existing Cuts Call

STIR

BLOCKs, Sep'23 SOFR Put Spd

CANADA

USDCAD Whipsaws With Powell, Macklem Q&A Ahead

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

Focus On $1.1814-84 Region *RES...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Focus On $1.1814-84 Region
*RES 4: $1.1940 High Dec 1
*RES 3: $1.1884 Alternating hourly support/resistance
*RES 2: $1.1848 High Dec 6
*RES 1: $1.1814 21-DMA
*PRICE: $1.1800 @ 2000GMT
*SUP 1: $1.1729 Low Dec 13 
*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 failure by bears to manage a break of the key $1.1690 support
sees the pair correcting higher with bulls now looking for a close above the
21-DMA to add support to the case for a move back to $1.1940-61 and above
$1.1884 to confirm. Daily studies are well placed for further topside. Bears
need the 21-DMA to cap to retain focus on the break of $1.1690 needed to confirm
initial focus on $1.1552 Nov lows.

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.