Technical Analysis

Daily Market Technicals

Last week’s failure at the falling daily channel top has resulted in sharp moves

Fresh 2015 and 5+ year lows for the AUD/USD to start the new week

EUR/USD: Momentum strongly pro-decline, but euro significantly oversold.

EUR/USD is trying to bounce. Hourly resistances can be found at 1.1289 and

EUR/USD correctional rallies will be sold. Key long-term support at

Last week’s failure at the falling daily channel top has resulted in sharp moves

Bears remain firmly focused on the falling daily channel base coming in around

EUR/USD was sent lower by the ECB yesterday,

EURUSD: So Mr. Market did actually follow the textbook and

Bears now focus on the $1.1015-1.1137 region initially with overall focus

The 21-DMA confirmed significance as resistance Thursday with

EUR/USD has moved above the hourly resistance at 1.1649,