Trial now
USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

Recent Gains Corrective *RES 3:...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Recent Gains Corrective
*RES 3: 1.1239 High Dec 31 and bull trigger
*RES 2: 1.1206 High Jan 6
*RES 1: 1.1168 High Jan 8
*PRICE: 1.1135 @ 16:10 GMT Jan 13
*SUP 1: 1.1085 Low Jan 10
*SUP 2: 1.1066/65 Low Dec 20 / 100-dma
*SUP 3: 1.1040 Low Dec 6
EURUSD pushed higher again in the latter half of the US session, keeping Jan 8
highs in view. Despite this, recent gains for now are likely a correction with
the pair maintaining a softer tone following last week's sell-off. The break
lower risks a deeper pullback towards 1.1066, the Dec 20 low where a break would
strengthen a bearish case and expose trendline support at 1.1055 drawn off the
Oct 1 low. For bulls to regain control, resistance at 1.1168 needs to be cleared
before tackling 1.1206, Jan 6 high.