EURUSD Forex Analysis - Retest & Failure At 1.0970 Daily Resistance

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the EURUSD daily and 4-hour charts.
ACY Securities | 1229 hari yang lalu

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the EURUSD daily and 4-hour charts.

A head and shoulders pattern may be forming on the daily chart.

Price rallied and retested the 1.0970 daily resistance level yesterday.

1.0970-75 the daily resistance level and 79% fib retracement level.

Watching for price to retest and fail at this intraday resistance area for a decline targeting the 1.0800 level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

ACY Securities
Tipe: STP, ECN, Prime of Prime, Pro
Regulasi: ASIC (Australia), FSCA (South Africa), FSA (SVG)
baca selengkapnya
Tech Stocks Lead US Selloff Ahead of Payrolls

Tech Stocks Lead US Selloff Ahead of Payrolls

AI-related shares led the worst US equity session since 2020 as investors feared tighter oversight of AI and data-center buildout following the midterm results; Truist called it a “buyers’ strike in tech.” The selloff is spreading beyond Wall Street: Korean chipmakers fell about 10% before the open, the Kospi dropped below 5,000, CoreWeave’s five-year credit default swap widened to a record
ATFX | 2 hari yang lalu
The euro has spread its wings

The euro has spread its wings

The euro is rising as oil and the dollar fall: eurozone inflation at 4% raises the odds of an ECB rate hike, while a cooling US economy gives the Fed a reason not to rush.
FxPro | 3 hari yang lalu
US Midterms: Early Democratic Senate Wins Sink Dollar and Drag Futures Lower

US Midterms: Early Democratic Senate Wins Sink Dollar and Drag Futures Lower

Markets are awaiting the outcome of the race to control Congress. The result could reshape government spending plans and regulations for technology and crypto companies. Several key races remain undecided, so stocks, bonds and currencies may swing as results come in. After the Democratic Party won early Senate races, the U.S. dollar weakened across the board in early Asian trading. U.S. stock inde
ATFX | 4 hari yang lalu
EURUSD depends on the stock market

EURUSD depends on the stock market

EURUSD is trying to hold above 1.12, but fundamentals weigh on the euro. A post-election stock rebound would bring the bears back, and a break below 1.11 would extend the decline.
FxPro | 6 hari yang lalu