Free Trial

Watch For Expiries Down...........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Watch For Expiries
Down trendline resistance off the April high & the 100-dma capped topside gains
with the reversal extending to 1.1412. There are a number of large
option-expiries today which could keep the price action contained. Bears need to
clear broken downtrend resistance-turned support at 1.1387, before focusing on
the Nov 28 low at 1.1267. Bulls need a move above the 1.1485 area before
challenging the Nov 7 high at 1.1500, ahead of the 50% retracement of
1.1815-1.1216 & cloud top at 1.1516.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.