Technical Analysis

Daily Technical Report

EUR/USD has broken the key support at 1.1640 and has moved below

EURUSD: The pair initially extended the decline down to 1.1459 before

Fresh 2015 and 11+ year lows Friday saw the EUR/USD dip below

Failure to close below the 21-DMA ($0.8142) despite recent flirtations resulted in

EUR/USD continues to decline and is now challenging the key support at 1.1640.

EURUSD: The second attempt (with a little help from SNB) lower became

Bears continue to dominate with fresh 2015 and 11+ year lows now shifting overall

Failure to close below the 21-DMA ($0.8139) despite recent flirtations resulted in

EUR/USD rebounded after moving below the support at 1.1754 yesterday.

EURUSD: The pair initially fell down from the past week’s congestion

Fresh 2015 and 9 year lows continue to result in bounces but

AUD/USD remained capped ahead of the $0.8198 resistance level Wednesday