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EQUITIES

China/HK Weaken, Firmer Trends Elsewhere

EURUSD TECHS

Trend Needle Points North

STIR

SFRH3 Given

BOBL TECHS

(H3) Rally Exposes Key Resistance

OIL

Tracking 5.5% Lower For The Week

FOREX

USD Firmer In Asia

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Solid Bounce

EURUSD TECHS
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange News
  • RES 4: 1.0327 1.50 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 3: 1.0273 1.382 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 2: 1.0198 High Sep 12 and a key resistance
  • RES 1: 1.0185 High Nov 10
  • PRICE: 1.0161 @ 16:12 GMT Nov 10
  • SUP 1: 0.9927/9730 50-day EMA / Low Nov 3
  • SUP 2: 0.9705 Low Oct 21
  • SUP 3: 0.9633 Low Oct 13 and a key support
  • SUP 4: 0.9536 Low Sep 28 and the bear trigger

EURUSD surged to print a new weekly high ahead of the close, as a soft CPI release dented the dollar. Key short-term resistance at 1.0094 gave way, strengthening the bullish case and again highlighting the bullish significance of the recent bear channel breakout that occurred on Oct 25. A continuation higher would open 1.0198, the Sep 12 high. Initial support is at 0.9927, the 50-day EMA.

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  • RES 4: 1.0327 1.50 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 3: 1.0273 1.382 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 2: 1.0198 High Sep 12 and a key resistance
  • RES 1: 1.0185 High Nov 10
  • PRICE: 1.0161 @ 16:12 GMT Nov 10
  • SUP 1: 0.9927/9730 50-day EMA / Low Nov 3
  • SUP 2: 0.9705 Low Oct 21
  • SUP 3: 0.9633 Low Oct 13 and a key support
  • SUP 4: 0.9536 Low Sep 28 and the bear trigger

EURUSD surged to print a new weekly high ahead of the close, as a soft CPI release dented the dollar. Key short-term resistance at 1.0094 gave way, strengthening the bullish case and again highlighting the bullish significance of the recent bear channel breakout that occurred on Oct 25. A continuation higher would open 1.0198, the Sep 12 high. Initial support is at 0.9927, the 50-day EMA.