Daily Technical Analysis


  • EUR/USD 


Current level - 1.2860

Forex Technical Analysis on EUR/USD

Current intraday rebound above 1.2825 should be considered corrective, preceding next wave downwards, to 1.2750 major support. Initial intraday resistance lies at 1.2896, followed by the crucial zone at 1.2995.

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EUR/USD holds above 1.0700 after German inflation data

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USD/JPY recovers above 156.00 following suspected intervention

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Gold holds steady above $2,330 to start the week

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Week Ahead: Bitcoin could surprise investors this week Premium

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Two main macroeconomic events this week could attempt to sway the crypto markets. Bitcoin (BTC), which showed strength last week, has slipped into a short-term consolidation. 

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Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week Premium

Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week

Higher inflation is set to push Fed Chair Powell and his colleagues to a hawkish decision. Nonfarm Payrolls are set to rock markets, but the ISM Services PMI released immediately afterward could steal the show.

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