Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
EURO-DOLLAR TECHS: Recovery Still Lacks A $1.1847 Break
*RES 4: $1.1911/21 Aug 2 high, equality rise from $1.1119
*RES 3: $1.1891 1% volatility band
*RES 2: $1.1847 Aug 11 high
*RES 1: $1.1828 Aug 21 high
*PRICE: $1.1785 @0807GMT
*SUP 1: $1.1730/40 Hourly support
*SUP 2: $1.1700 Hourly basing area Aug 15-17
*SUP 3: $1.1656/62 1% volatility band, Aug 17 low
*SUP 4: $1.1625 Equality fall from $1.1847 to $1.1911-$1.1689
*COMMENTARY* Has been consolidating within a $1.1847-$1.1662 range for three
weeks now, albeit with a slight upside bias since Aug 17. That said, $1.1828,
let alone the more important $1.1847 level, has so far capped attempts higher.
Will need to clear the latter before upside belief is confirmed for a retest to
$1.1911-21 and likely a higher $1.2047-$1.2065 rise. Support $1.1740-$1.1700,
loss will caution and put the base of the consolidation under pressure.