EURUSD Analysis: Support at 1.1365/1.1310, resistance at 1.1435/1.1505 [Video]
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![BTCUSD Analysis: Could still get a lot uglier [Video]](https://editorial.azureedge.net/images/Markets/Currencies/Digital%20Currencies/Bitcoin/Bitcoin_1_Small.jpg)
The latest topside failure keeps the downtrend firmly intact and puts the pressure back on the downside, with a fresh lower top sought out around $8,490, to be confirmed on a bearish continuation below the 2018 low. Only a break back above $10,000 would negate. In this analysis, we take a look at Bitcoin each day, highlighting all of the need to...
Turkish lira collapse spread like wildfire among high-yielding assets
The collapse of the Turkish Lira and ECB's concerns about local banks' exposure to it overshadowed everything else. The EUR/US pair plunged to 1.1431 early Friday, its lowest since July 2017, as multiple factors conspired to boost the greenback.
The EUR/USD is still trading on the low ground following the Turkish crisis. Has it found a bottom?
The Technical Confluences Indicator shows that the 1.1392 level is robust congestion of technical levels. This includes the 52-week low, last month's low, last week's low, the Fibonacci 61.8% one-day, the Simple Moving Average 10-4h, and the Bolinger Band one-hour low.
Further down, 1.1365 is the confluence of the Pivot Point one-month Support 3, the one-day low, and the Pivot Point one-day Support 1, but this is weaker support.
Looking up, 1.1445 could be the first target on recovery with the convergence of the Fibonacci 161.8% one-month, the Bolinger Band one-day Lower, and the Fibonacci 23.6% one-week.
